Is India a poor country? Or why there is massive unemployment in India? Is India one of the fastest growing economies of the world? If such questions have ever striked your mind. Such questions come under Economics. Economics is a study that is concerned with the production, consumption, and transfer of wealth. It is primarily concerned with how an individual, society or a country utilise its scare resources to maximiseit’sutility. In class XII economics is further bifurcated into two discipline Microeconomics and Macroeconomics, former is concerned with how individual consumers and producers make their decisions regarding price, demand and supply of goods and supply whereas latter.
Whereas in Class XI, Economics is bifurcated into Statistics and Indian Economy. Statistics is a science of collection, classification, analysis and interpretation of numerical facts or data and deriving valid conclusion and making reasonable decisions on the basis of this analysis in today’s time it demand is exponentially increasing as we all are well aware, how data can be used in Business and corporate sector to forecast Sale, revenue and profit etc. Knowledge of Statistics at advanced stage certainly help you to build promising career. In Indian Economy, students are acquainted with Issues that indian economy witnessed on the eve of independence. Moreover, 1991 economic crisis also studied in this subject.
At Baidya Sapient Home Tutors, we provide concept based teaching that help students to build there concept deeply. Our Highly experienced and sapient tutors accentuate on encouraging students to develop their analytical and critical faculties rather than promoting learning by rote and uncritical acceptance of received wisdom. As we opine that class XI and XII is best phase for learning the basic concept of Economics. If a Student has mastered these concept, he can confront Economics in higher class easily and confidently. You can envisage your career in Economics with the possibility of pursuing a variety of careers in other fields such as the corporate sector, Government and non-government sectors, and journalism.
The B.A Honours Programme with a Major in Economics is designed to provide a basic but rigorous training in the analysis of the economy. Particular attention is paid to familiarising students with contemporary economic issues including those specifically confronting developing economies like India, and equipping them with the ability to think creatively about these issues. Through a course content, which is an appropriate mix of economic theory, economic history and quantitative techniques, students are exposed to different perspectives within the discipline and the social and political dimensions of economics. The emphasis is on encouraging students to develop their analytical and critical faculties rather than promoting learning by rote and uncritical acceptance of received wisdom.