B.Sc (Hons) Applied Economics: Your Economics Brilliance Begins Here


In this rapidly evolving landscape, economic decisions align way beyond balance sheets, affecting education, the environment, and healthcare. As we steer the intricacies of the 21st century, comprehending the profound influence of economics is fundamental. It is a force shaping policies, moulding industries, and manipulating and influencing the choices we make as human beings. In this constant flux era, acknowledging and understanding the economic undercurrents of the world is the key to recounting a course toward a more sustainable and all-in future. 

If you have a keen interest in topics like demand and supply, price fluctuations of goods and services, inflation, econometrics, forecasting, python programming and GDP enticed you during your 12th, then pursue a B.Sc (Hons) Applied Economics. 

What the future holds for a B.Sc (Hons) Applied Economics graduate?

A report displays a rise in demand for economists to the extent that there could be a shortage of qualified candidates in various sectors. The anticipated growth in demand is set to surpass 13% by the end of 2030. Hence, students choosing for a B.Sc (Hons) Applied Economics can expect satisfying outcomes.

Career Opportunities after B.Sc (Hons) Applied Economics

A degree in B.Sc (Hons) Applied Economics opens a diverse array of career opportunities across multitudes of sectors. Graduates can emerge as:

1. Economist

2. Financial risk analyst

3. Data analyst

4. Financial planner

5. Accountant

6. Economic researcher

7. Financial consultant

8. Investment Analyst

9. Economic Development Specialist

And much more!

Oddly enough, a B.Sc (Hons) Applied Economics provides a strong foundation for diverse and dynamic career paths, offering flexibility and the ability to adapt to the changing demands of the global job market.

B.Sc (Hons) Applied Economics Subjects 

Here is a table representation of B.Sc (Hons) Applied Economics subjects for a quick glance. Read on. 

Principles of Microeconomics

Mathematical Methods for Economics

Principles of Macroeconomics

Advanced Statistics

Applied Econometrics

Mathematical Methods for Economics

R‑language

Python Programming

Growth and Development Economics

Machine Learning

Resource & Environmental Economics

Public Economics

Indian Economy

Research Methodology

International Trade

Political Economy

Dissertation and Capstone Project

Discipline-Specific Electives

Ability Enhancement Compulsory Courses

Skill Enhancement Course 


Remember, these are the major subjects that you will cover during your undergraduate Economics course. For the relevant and most updated information on B.Sc. (Hons) Applied Economic subjects, check the University’s official website of your chosen college. 

B.Sc. (Hons) Applied Economics Eligibility Criteria 

Aspiring students must have completed their 12th in any stream from a recognised education board like CBSE, ICSE, or State Boards.


  • A minimum aggregate of 50% marks in the qualifying examination is required. Possibly, some universities/​institutions may give preference to candidates who have excelled in their qualifying exam with Economics as their major subject.


  • Admission to the course may be contingent on entrance test scores. Hence, candidates are required to sit in the relevant entrance test for consideration.


Note: The eligibility criteria might change depending on location, reputation of the university/​institution, etc. Therefore, visiting the office website would be feasible for more relevant information. 

Ignite Your Curiosity and Fuel Your Ambition with a B.Sc. (Hons) Applied Economics @ M. S. Ramaiah University of Applied Sciences

M. S. Ramaiah University of Applied Sciences, aka MSRUAS, offers a dynamic and holistic Bachelor of Science in Economics (B.Sc. (Hons) in Applied Economics) course typically curated to equip students with solid bedrock in economic theory and its practical applications. The B.Sc. (Hons) in Applied Economics course at the University focuses on a multidisciplinary approach, amalgamating economics with data science to provide aspiring minds with a comprehensive comprehension of the global economic landscape.

Students engaged in a robust curriculum covering micro and macroeconomics, econometrics, international economics, development economics and relevance data science courses. The programme also motivates critical thinking, research skills, and analytical reasoning, readying graduates for dynamic career paths in various fields such as finance, policy analysis, research, and more. 

Moreover, M. S. Ramaiah University of Applied Sciences fosters an interactive learning environment that motivates students to participate in seminars, internships, and research projects, enhancing their practical skills. With an emphasis on accelerating the development of well-rounded professionals, the B.Sc. (Hons) in Applied Economics course at M. S. Ramaiah University of Applied Sciences empowers students to contribute meaningfully to the rapidly evolving field of Economics.

Programme Highlights


  • The primary objective is to cultivate graduates who are application-centric learners, having critical, analytical, and problem-solving skills with the ability to think independently. 

  • The aim is to prepare students for a gratifying career in the field of economics. The programme is curated to impart all-inclusive knowledge, promote understanding, and improvise cognitive abilities in economics, research methodologies, practical applications, and multidisciplinary studies. 

  • The overarching goal is to entrust students with competencies and practical skills essential for efficacious problem-solving and sound decision-making in numerous spheres, incorporating economic institutions, society, banking, national and international economies, and research endeavours. 


The Bottom Line

Should the complex interplay of economic forces shaping our world captivate you? If yes, choosing to pursue economics courses post-12th can unlock a pool of opportunities for a satisfying and dynamic career. The growing demand for economists across diverse sectors only underscores the viability and potential for growth in this field. Hence, enrol today and elevate your economics knowledge today.


Author

  • Jayashree Aradhya