byGaganDeep
Updated on - 23 May, 2024
Economics is one of the prominent majors among the Bachelor of Commerce (B.Com) program which offers training in many aspects of the economy, commerce, trade, and statistics. The 3-year degree prepares the students for economic research, financial analysis, business consulting or other fields which require understanding of economic concept and quantitative tools. This program offers subjects such as Micro & Macro economics, Public finance, International trade, Research methods, Accountancy, Business statistics, Business law & Management principles.
Universities accept SET / SLET exams as entrance exams done at the state level for admission. It is to mention here that some universities such as Delhi University also possess CUET as an eligibility criterion while some other universities have their own standard entrance procedure. The application period also varies, though it is known to be from May to July, for the examinations conducted in July-August. Candidates who are finally shortlisted undergo the process of counselling in September-October depending on the merit rank.
| Feature | Details |
|---|---|
| Full Form | Bachelor of Commerce (Economics) |
| Duration | 3 Years (Full-Time) |
| Course Level | Undergraduate |
| Eligibility | 10+2 (Commerce Stream) or Equivalent with Minimum Marks Requirement (varies by college) |
| Top Colleges (India) | Shri Ram College of Commerce (Delhi), Lady Shri Ram College for Women (Delhi), St. Xavier's College (Kolkata), Loyola College (Chennai), Christ (Deemed to be University) (Bangalore) |
| Entrance Exam | Merit-Based Selection |
| Entrance Exam (Examples) | CUCET (Central Universities Common Entrance Test), DUET (Delhi University Entrance Test) |
1. The candidate should have passed 10+2 or its equivalent examination from any recognized board or university and must have obtained at least 50% of the total marks in the qualifying examination.
2. Mathematics is also one of the subjects in the curriculum of 10+2 education system and is compulsory for most of the colleges.
3. The requirements vary from college to college, and some of them may ask for Economics in 10+2.
4. It is always good to note that institutions have a relaxed criteria for admission for reserved category students with low marks.
5. Very little of the colleges and universities follow the practice of holding their own entrance examination.
6. Admission is granted based on overall general performance in school, performance in relevant academic courses and overall academic record.
1. CUET – Central Universities Common Entrance Test for merit based admissions to undergraduate programs including B.Com
2. DUET (Delhi University Entrance Test): Delhi University conducts the DUET for admitting students to various undergraduate courses.
3. SEST – Symbiosis Entrance Test for getting admission to different Symbiosis colleges providing B.Com
4. IP University exam – this is the examination conducted by Guru Gobind Singh Indraprastha University for the B.Com course admission.
5. BHU-PET: exam preparation to get admission into B.Com offered by Banaras Hindu University and tests aptitude and knowledge of economics.
| Subject | Important Topics |
|---|---|
| Microeconomics | Demand & Supply Analysis, Market Structures, Consumer Theory, Production & Cost Theory, Theory of the Firm, Game Theory |
| Macroeconomics | National Income Accounting, Inflation & Unemployment, Money & Banking, Fiscal & Monetary Policy, Economic Growth & Development |
| Quantitative Techniques & Econometrics | Set Theory, Calculus, Probability & Statistics, Sampling Techniques, Regression Analysis, Introduction to Econometric Models |
| Mathematical Economics | Application of Calculus and Linear Algebra in Economic Analysis, Optimization Techniques |
| Development Economics | Theories of Economic Development, Poverty & Inequality, Development Planning, Role of International Trade and Finance in Development |
| Public Finance | Government Budget & Fiscal Policy, Taxation System, Public Expenditure, Public Debt Management |
| International Economics | International Trade Theories, Balance of Payments, Foreign Exchange Market, Trade Policies, Globalization |
| Indian Economy | Structure of Indian Economy (Agriculture, Industry, Services), Planning Process in India, Poverty & Inequality in India, Economic Reforms in India |
| Business Communication | Principles of Effective Communication, Writing Skills, Presentation Skills |
| Elective Courses (Indicative) | Behavioral Economics, Industrial Economics, Environmental Economics, Health Economics, Econometrics of Development |
1. Successfully pass 12th standard in relevant stream such as commerce / maths. Mark secured in the examination should not be less than.
2. You need to apply with the colleges that offer B.Com (Economics) before the application period elapses.
3. Take entrance tests if any for similar courses if you are interested in transferring to a similar course.
4. It is recommended that if one is called by the college to attend a counselling session then one should honour the call.
5. Done Submit all the necessary documents and pay for the admission fee.
6. When applying for college admission, one should ensure that they get a confirmation from the college.
| College Name (City, State) | Fees (Annual Approx.) |
|---|---|
| Shri Ram College of Commerce (Delhi) | ₹10,000 |
| Lady Shri Ram College for Women (Delhi) | ₹12,000 |
| St. Xavier's College (Kolkata) | ₹11,000 |
| Loyola College (Chennai) | ₹15,000 |
| Fergusson College (Pune) | ₹8,500 |
| The Maharaja Sayajirao University of Baroda (Vadodara) | ₹7,000 |
| Hindu College (Delhi) | ₹8,000 |
| Hansraj College (Delhi) | ₹9,000 |
| Government College of Economics (Trivandrum) | ₹8,000 |
| College Name (City, State) | Fees (Annual Approx.) |
|---|---|
| Symbiosis School of Economics & Finance (Pune, Maharashtra) | ₹1,20,000 |
| Christ (Deemed to be University) (Bangalore, Karnataka) | ₹1,00,000 |
| Shiv Nadar School of Management & Entrepreneurship (Delhi NCR) | ₹1,80,000 |
| SP Jain Institute of Management & Research (Mumbai, Maharashtra) | ₹1,30,000 |
| Balaji Institute of Management (Pune, Maharashtra) | ₹75,000 |
| Amity School of Business (Noida, Uttar Pradesh) | ₹1,00,000 |
| Woxsen School of Business (Hyderabad, Telangana) | ₹1,20,000 |
| KIIT School of Management (Bhubaneswar, Odisha) | ₹80,000 |
| Jain University (Bangalore, Karnataka) | ₹65,000 |