Gain a Competitive Edge in Today's Job Market with a B.Sc. (Research) in Economics

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Blog / February 27, 2024



Economics is the social science that studies how humans grant scarce resources to meet the never-ending demands, wants, and needs of individuals. It encircles the production, distribution, and consumption of goods & services. To be precise, economics evaluates the behaviors and humans' interaction with businesses and governments within markets.

The major concepts in the field of economics incorporate supply and demand, as well as determining prices and quantities traded in the current markets. Market equilibrium is a central idea that represents a balance between buyers' and sellers' interests. In addition, economic frameworks, for example, capitalism, socialism, and mixed economies, mold how resources are owned and distributed within societies.

On the off chance you have an interest in diving deep into the world of economics, pursuing a B.Sc. degree in Economics would be the apt choice.

What does the future hold?

As per the report, the demand for economics experts is anticipated to grow by the rate of 6% between the years 2021 and 2031, which is much higher than the other average rate for almost all occupations. Also, on average, over a decade, about 1400 vacancies for economists are predicted annually. Not to be forgotten, this surge is primarily ignited by the soaring demand for data analysis and economic expertise in a broader spectrum of industries and organizations.

B.Sc. (Research) in Economics Scope

A B.Sc. degree in Economics offers a holistic comprehension of economic theories, quantitative methods, and analytical skills, readying graduates for multiple career paths in both the public and the private sectors. The scope of opportunities for B.Sc. (Research) in Economics graduates is vast and varied. 

  • Research Analyst
  • Financial Analyst
  • Consultant
  • Policy Advisor and
  • Data Analyst

Overall, a B.Sc. degree in Economics provides students a solid foundation for a broader range of career paths, leveraging analytical skills and economic reasoning to handle real-world challenges in multitudes of sectors in the economy.

Source: https://www.liveabout.com/

B.Sc. (Research) in Economics Syllabus

The syllabus covers a myriad of subjects, some of which are outlined below, semester wise. Continue reading to learn more. 

Semester 1

  • Academic Writing
  • Logic & Scientific Reasoning
  • Principles of Microeconomics
  • Calculus I
  • CCC credits – 3

Semester 2

  • Modernity: An Interdisciplinary Exploration
  • Principles of Macroeconomics
  • Intermediate Microeconomics
  • Introduction to Probability
  • CCC credits – 3

Semester 3

  • Game Theory
  • Intermediate Macroeconomics
  • Introduction to Statistics
  • UWE credits – 4
  • CCC credits – 3

Semester 4

  • International Economics
  • Introductory Econometrics
  • Introduction to Computer Programming - 2
  • UWE credits – 4
  • UWE credits – 4
  • CCC credits – 3

Semester 5

  • Development Economics
  • Departmental Elective II
  • Departmental Elective III
  • Departmental Elective IV
  • UWE credits – 4
  • CCC credits – 3

Semester 6

  • Advanced Microeconomics
  • Departmental Elective V
  • Departmental Elective VI
  • Departmental Elective VII
  • UWE credits – 4
  • CCC credits – 3

Semester 7

  • RESEARCH PROJECT
  • (4 credits)
  • Departmental Elective VII
  • UWE credits – 4

Semester 8

  • RESEARCH PROJECT
  • Departmental Elective VIII

Forge a Career in Finance, Policy Analysis, or International Trade with a B.Sc. (Research) in Economics @ Shiv Nadar University (Institution of Eminence)

Shiv Nadar University is a well-recognised private, research-oriented university located in Greater Noida. Founded in 2011, it has immensely gained recognition for its dedication to academic excellence as well as innovation. The university was established by Shiv Nadar, the philanthropist and the founder of HCL Technologies, with an ultimate vision of building a world-class institution fostering multidisciplinary learning and research.

The B.Sc. (Research) in Economics program offered by the School of Humanities and Social Sciences is curated to provide students with a holistic understanding of economic theories, principles, and their real-world applications. The curriculum is structured to impart students with analytical, quantitative, and critical thinking skills essential for addressing intricate economic issues.

The program amalgamates theoretical knowledge with practical insights, offering courses/ specializations in microeconomics, macroeconomics, econometrics, economic development, and public policy. Students are also provided opportunities to indulge in independent research projects as well as internships to gain hands-on experience in the field. What’s more? The faculty members at the university are renowned scholars and experts from top-tier national and international universities in their respective fields, which provide students with guidance and mentorship throughout their academic journey. The university’s contemporary facilities and vibrant academic environment further improve the learning experience for students pursuing the B.Sc. (Research) in Economics program. 

Overall, Shiv Nadar University's undergraduate program in Economics offers students a bedrock in economics and prepares them for careers in multiple sectors, for example - finance, consulting, policy analysis, research, and academia.

The Bottom Line

There is no doubt that economics is an essential and diverse field exploring the allocation of resources, the firms' and individuals’ behavior, and, of course, the functioning of economies. With the help of its principles, it underpins decision-making at both micro and macro levels, which fortunately shape policies, markets, and societies worldwide. Hence, understanding economics is crucial to steer today’s intricate global landscape. So, what are you waiting for? Enroll today at Shiv Nadar University for its B.Sc. (Research) in Economics. 

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