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Bachelor of Arts Economics
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Bachelor of Arts Economics

duration Duration

  • 3 Years

eligibility Eligibility

  • Pass in 10+2 or equivalent with 50% and above aggregate marks (any discipline).

calendar Admission Calendar

  • Last Date for Submission of Completed Application Form: Jul 21, 2025

The Bachelor of Arts Program is a four years’ degree program off ered by the University with a view to impart in-depth knowledge and broad understanding of Humanities and Social Sciences.

A student can opt B.A. program, depending on fulfilment of the eligibility criteria.

Program Objectives

The Bachelor of Arts in Economics Program has been designed to train students not only with basic knowledge of Economics but also to equip them with the mathematical and statistical techniques necessary for a proper understanding of the discipline. Enable students to understand proper policy responses to economic problems. Aim of this course to train students to use statistical econometric methods to arrive at conclusions about the validity of economic theories and to learn economic modelling.

Events Important Dates
Last Date for submission of completed Application Form Jul 21, 2025
Interviews from Jul 24, 2025
Admission Decision Jul 31, 2025
Last Date for Payment of Admission Fee Aug 04, 2025
Registration and payment of Semester Fee Aug 07, 2025
Commencement of regular classes Aug 08, 2025

Program Outcomes

This program is consistent with global standards in the Economic discipline. In completion of the programme, a student will have the necessary skills to understand and analyse in a logical manner all major economic phenomena a student will be able to analyse government policies and regulations, and demonstrate their signifi cance

Program Specific Outcomes

This program specifically indicates that students will analyse how an economy functions and how decisions are made by consumers, producers and regulations.

Students will have necessary skills to identify, analyse, and solve problems in a logical and effi cient way.

The program provides the basic ingredients of economic theory and the opportunity to learn how to process and analyse economic data based on sound statistical principles in order to arrive at a meaningful conclusion.

Program Learning Outcomes

With this program, the students will have a betier understanding of fundamental economic. Further,

It will enable them to demonstrate an understanding of the fundamental theories and ideas of economics required to comprehend how the Indian and global economies operate.

In order to explain the economic theories that underpin social and economic issues, the students will be able to articulate qualitative and quantitative analysis methods and show that they are conversant with both the types of analyses.

Additionally, the students will be able to show that they are knowledgeable about opposing economic theories and models in both historical and modern contexts.

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, Artifi cial 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.
BA Eco. (Hons.) / BA Eco. Hons. with Research Program Structure

Year I

Semester - I

Semester - II

  1. Microeconomics - I
  2. Probability and Statistics
  3. Introduction to Political Science
  4. Effective English Communication
  5. Fundamental of SotiSkills
  6. Personal, Family and Social Health and Wellness
  7. Understanding India
  1. Microeconomics - II
  2. Linear Algebra
  3. Introduction to Psychology
  4. Functional English
  5. Digital Skill
  6. Human Values and Professional Ethics
  7. Human Society in the Natural Environment Sustainability Issues

Year II

Semester - III

Semester - IV

  1. Macroeconomics - I
  2. History of Economics Thoughts
  3. Calculus
  4. Introduction to English Literature
  5. Academic Reading and Writing
  6. Life Skills I
  1. Macroeconomics - II
  2. Issues in Development and Growth
  3. Banking and Market Regulations
  4. Statistical Inference
  5. Mathematical Analysis for Economics
  6. Introduction to Modern Indian Language(SWAYAM)
  7. Life Skills II
Summer Internship Program

Year III

Semester - V

Semester - VI

  1. International Trade I
  2. Indian Economy I
  3. Financial Economics
  4. Public Finance I
  5. Econometrics
  6. Indian Knowledge System
  1. International Trade II
  2. Indian Economy II
  3. Introduction to Law and Economics
  4. Public Finance II
  5. Applied Econometrics

Year IV

Semester - VII

Semester - VIII

  1. Labour Economics
  2. Behavioural Economics
  3. Elective – I
  4. Elective - II
  5. Elective - III
  1. Agricultural Economics
  2. Indian Financial System
  3. Elective – I
  4. Elective - II
  5. Elective - III
Program structure is tentative, subject to change.

In the 4th Year the students can opt for research subjects (Only if they secure 75% marks and above in the preceding three years), in that case they will be awarded BA Economics – Honours with Research

Electives IV Year (BA Economics Honours with Research): Semester - VII: Research Methodology; Behavioural Economics; Introduction to Time Series Analysis; Elective - I; Elective - II. Semester - VIII: Elective – I; Elective - II; Research Project / Dissertation

Electives: (BA Economics Honours): Semester - VII: Agricultural Management; Economics of Health; Financial Derivatives; Gender Economics; Predictive Analytics; Artifi cial intelligence. Semester - VIII: Demography: Theory and Basic Analysis; Economics of Social Infrastructure; Environmental Economics; Industrial Economics; Python and Machine Learning; Public Administration

Admission Modalities

The Admission Modalities are with reference to the campus-based BBA, BBA (Business Analytics) BBA-LL.B (Hons.), BA-LL.B (Hons.), BCA, BCA (DS & AI), BCA (Cyber Security), B.Tech, Diploma in Technology (Polytechnic), LL.B and MBA Programs offered by the ICFAI University, Jharkhand. The medium of instruction is English.

The selection of applicants into the Program is made through screening of application and interview. While evaluating students for admission, due weightage is given to their academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.

Original certificates and Domicile certificate should be produced for verification at the time of payment of first semester fee. The original certificates will be returned after verification.

The admission decision will be communicated after the interview process.

Students interested can apply by any one of the following methods

  1. Online Application
    • Applicants can apply online by filling up the Application Form available at www.iujharkhand.edu.in and make payment of Rs. 500 towards the cost of the application fee using Credit / Debit Card (Visa / Master Card) / Internet Banking through secure internet payment gateway
    • Applicants applying online should upload their passport size color photograph while filling the Online Application.
    • The Prospectus will be sent to such applicants.
  2. Download of Application Form
    • Applicants can fill their details online and download the Application Form from www.iujharkhand.edu.in and send it to the Admissions Office along with the Bank Demand Draft of Rs. 500 drawn on a Scheduled Commercial Bank towards the cost of the application fee in favor of “The ICFAI University, Jharkhand - Fee Collection A/c” payable at Ranchi.
  3. Fill the Application Form
    • Applicants can fill in the application form and send it to the Admissions Office.

The applicants are advised to read the guidelines carefully before completing the Application Form for Admission.

Application Form

  • Please make sure that applicant should meet the eligibility criteria before filling up the Application Form.
  • Fill the Application Form in Capital Letters.
  • Provide all the available information under appropriate sections.
  • Make sure to sign the Application Form (in case the application is not filled-in online).
  • Retain a photocopy of the completed Application Form.
  • Enclose DD for Rs. 500 drawn in favour of “The ICFAI University, Jharkhand - Fee Collection A/c”.
  • In case the application was downloaded from the University website OR purchased from the University, enclose receipt for Rs. 500.

Applicants have to enclose self attested copies of the following certificates.

  • Date of Birth Certificate/Class X Certificate.
  • Marksheet of Class X / Class XII / Intermediate / Degree (as applicable).
  • Domicile Certificate (if applicable).
  • Any other certificates pertaining to academic and other activities.
  • No Objection Certificate from the current employer, if the candidate is currently working in an organisation.

The completed Application Form for Admission should be submitted at

Admissions Office: Campus:
The ICFAI University, Jharkhand, #2065, Daladali Chowk,
Simalia, Near Ring Road,
Ranchi - 835 222, Jharkhand.
Mobile : 8709445599
E-mail : admissions@iujharkhand.edu.in
Website : www.iujharkhand.edu.in

City Office:
#315/B, First Floor,
Road No. 3, Ashok Nagar,
Ranchi - 834 002, Jharkhand
Mobile : 9714954099, 8709445599 & 7257004504

Fee Schedule

The fee for Bachelor of Arts program is mentioned in the table below.

Program Admission Fee Rs. Semester Fee Rs. Caution Deposit Rs.
Domicile Non - Domicile
BA (Hons) Economics 5,000 15,000 17,000 5,000

Note : Applicants in their final year of Qualifying Examinations also can apply for all regular programs

Students are required to pay a Caution Deposit as mentioned in the table above along with the first semester fee. It will be refunded without interest and after adjusting for dues, (if any), to the students on completion of the respective program.

Fee payments can be made in any of the following modes.

  • By way of Bank Demand Draft drawn on a Scheduled Commercial Bank in favor of “The ICFAI University, Jharkhand - Fee Collection A/c” payable at Ranchi, Jharkhand.
  • Through Credit Card or Debit Card at the University.
  • Fee payment by cash is not accepted.

Any requests for withdrawals, refunds will be processed as per the prevailing UGC Notification, with regard to Refund of fees and non-retention of Original Certificates.

Following are the details of the Merit Scholarships, offered by The ICFAI University, Jharkhand.

Merit Scholarships based on Past Academic Record

Percentage of marks achieved in qualifying examination will decide the amount of scholarship. Scholarship amount can be adjusted in the Semester I fee payable.

Performance in Qualifying Exam Scholarship amount (% of semester fee)
Marks in % CGPA
>= 90% >= 9.9 50%
>= 80% and <90% >= 8.8 and < 9 .9 40%
>= 70% and < 80% >= 7.7 and < 8.8 30%
>= 60% and < 70% >= 6.5 and < 7.7 20%

Merit Scholarship in Semester II to last semester

Based on previous semester performance (GPA) Scholarship amount (% of semester fee)
Top 5% of the class 50%
Next 5% of the class 30%

*Remarks: Only if no. of students in the class is 20 or more.

Note: Terms and Conditions for the award of the Merit Scholarship will be specified in the Student Handbook.