BA (Economics)

  • In line with the New Education Policy (NEP) of India, ICFAI School of Social Sciences now freshly offers a 4-year BA Economics (Honours), and a 4-year BA Economics (Honours with Research) UG Programs along with the existing 3-year BA Economics.
  • These two fresh, career-focused programs are campus-based, and involve full-time study.
  • All three programs are designed to transform students into well-trained economists with a firm grip and a clear understanding of the fundamentals and nuances of economics.
  • All students will have the option to exit with a 3-year Economics UG degree.
  • Likewise, students who initially choose to pursue the 3-year BA program will be permitted to opt for any one of the two 4-year programs later.
  • A few students from the first batch (Class of 2022) and second batch (Class of 2023) of the 3-year BA Economics UG degree have gained admission for higher studies in reputed institutions in India and abroad, including Madras School of Economics, Tata Institute of Social Sciences, TERI Climate Science and Policy, Gokhale Institute of Politics and Economics, Pune, University of Greenwich, London, University College Dublin, University of Sydney, New Zealand University etc.

Calendar Important Date

Last Date for Submission of Completed Application Form : June 30, 2024  

duration Duration

  • 3 - 4 Years

eligibility Eligibility

  • “ Pass in Class XII or equivalent examination with an aggregate of 50 % and above marks (any discipline) with English as medium of instruction”


Professor Bhanoji Rao

Formerly with the National University of Singapore and the World Bank

The BA (Economics) Program offered by IFHE is very well-designed and integrated. It provides, in addition to vital communicational and analytical capabilities, the core skills for the practice of economic and policy analysis. The Program gives numerous opportunities for discussions, debates, and seminars on current national and global economic concerns and developmental options.

Professor K. L Krishna

Former Director, Delhi School of Economics, University of Delhi

The BA (Economics) Program will enable students to pursue higher studies in reputed institutions and global careers in the field of Economics. The course covers a wide range of subjects from core Economics subjects to Econometrics and Data Science which will enable students to have a diversified set of skills and knowledge. The multicultural community at IFHE will allow students to share their perspectives on key economic and development issues and learn from peers.

Program Structure

4 Year BA Economics(Honors with Research)



Discipline Specific Courses - core


Inter Disciplinary Courses

Ability Enhancement Courses (Language)

Skill Enhacnement Courses/ Internship/ Dissertation

Common Value-added courses

Total Credits

1st Year I Micro Economics-I(4) Probability and Statistics(4) Introduction to Political Science(3) Effective English Communication(3) Fundamentals of Soft Skills(3)
  • Personal,Family and Social Health Management(3)
  • Understanding India(2)
II Micro Economics-II(4) Linear Algebra(4) Introduction to Psychology(3) Functional English(2) Digital Skills(3)
  • Human Values and Professional Ethics(2)
  • Human Society in the Natural
    Environment:Sustainability Issues(3)



2nd Year III
  • Macro Economics-I (4)
  • History of Economic Thought(4)
Calculus(4) Introduction to Philosophy(3) Academic Reading and Writing (2) Impactful Presentations (3) 20
  • Macro Economics-II (4)
  • Issues in Development and Growth (4)
  • Banking and Market Regulations (4)
  • Statistical Inference (4)
  • Mathematical Analysis for Economists (4)
Introduction to Modern Indian Language(3) SWAYAM 23



3rd Year V
  • International Trade-I (4)
  • Indian Economy-I (4)
  • Financial Economics (4)
  • Public Finance-I (4)
Econometrics (4) 20
  • International Trade-II (4)
  • Indian Economy-II (4)
  • Introduction to Law and Economics (4)
  • Public Finance-II (4)
Applied Econometrics (4) 20








4th Year VII
  • Research Methodology (4)
  • Behavioural Economics (4)
  • Elective-1 (4)
  • Elective-2 (4)
Introduction to Time Series Analysis(4) 20
VIII Elective-1 (4) Elective-1(4) Research Project/Dissertation (12) 20








Major Electives




VII & VIII Agricultural Economics Agribusiness Management Contemporary Issues in Indian Agriculture,
Financial Economics
  • Market Micro Structure
  • Financial Derivatives
Health Economics
  • Health care and public policy
  • Economics of Healthcare
Enviremental Economics
  • Environmental Economics
  • Enviremental Law and policy
Law and Economics
  • Regulatory Policies in India
  • Corporate Law and Economics
  • Managing Start-Ups
  • Entrepreneurial Finance

Students who opt Economics degree (honors) must choose two courses from one of the elective streams offered in their VII /VIII semester. Students who opt Economics degree (honors with Research) must choose two courses from one of the elective streams offered In their VII semester and Course from VIII Semester.

Minor Electives




VIII Data science
  • Predictive Analytics
  • Artificial intelligence
  • Python and Machine Learning

In their VIII semester students should choose one elective course from the minor elective stream offered.

Program Highlights

  • A unique program with the proper blend of Economics, Mathematics, Statistics and Computer Science
  • Faculty-supervised Internship opportunities
  • Language Labs
  • Autonomous Learning Opportunities
  • Scope for higher studies in India and abroad
  • Course on Thesis Writing
  • Focus on Research Dissertation with 12 Credits
  • Courses on Basic Econometrics, Applied Econometrics, Time Series Analysis, Behavioural Economics, Financial Economics, Law and Economics etc
  • Courses on Predictive Analytics, Artificial Intelligence, Python and Machine Learning, etc
  • Scope for work in Team Projects
  • Elective streams such as Agricultural Economics, Financial Economics, Health Economics, Environmental Economics, Law and Economics, Entrepreneurship and Data Science.