Economics, as a social science, intersects with various disciplines such as political science, geography, mathematics, sociology, psychology, engineering, law, medicine, and business. The primary objective of economics is to discern the most rational and efficient allocation of resources to fulfill both individual and societal objectives. Through its interdisciplinary nature, economics plays a pivotal role in shaping decisions and policies that impact diverse aspects of human life and society.
Eligibility Criteria
Graduation in any stream with minimum 45% marks. 40% Marks in case of candidates belonging to SC/ST/OBC (EXCLUDING CREAMYLAYER) category of Madhya Pradesh.
Admission rules
Admissions in the course will be done on a Merit-basis, based on the marks achieved in the last qualifying exam and as per the eligibility criteria. Scholarships are also available for meritorious students and for those in need of financial aid.
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Curriculum Details
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Economics has emerged as the favored major in prestigious institutions due to its broad applicability. It cultivates critical thinking and analytical abilities, valuable across multiple sectors like business, government, law, finance, and real estate. A bachelor's in economics lays a strong foundation for advanced studies or law school. Economists employ economic principles to examine and address various socio-economic challenges, utilizing statistical methods for data analysis, forecasting, and cost-benefit assessments. Their insights often inform policy decisions, shaping strategies for optimal resource allocation and socio-economic development.