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B.A. (HONS.) in Economics with Data Science | Chitkara Business School

3-Year
B.A. (Hons.) in Economics
with Data Science

Learn advanced data analysis techniques to explore pressing economic problems and graduate with top-of-the-line skills to work in finance, industry and the public sector with this Economics and Data Science degree that combines training in Economics with modern skills in Data Science.

Program Overview

The B.A. (Hons.) Economics with Data Science Program is designed to produce graduates trained in the application of knowledge in economics to real-life economic, financial, ethical and analytical problems encountered in the economy. The course will enable the students to effectively apply their knowledge and skills to situations of economic, institutional and policy making both in governance and industry. This unique course offers the opportunity of studying the traditional curriculum in economics alongside advanced data analytics and data science methods.

The course has a rigorous focus on quantitative techniques and research methods which will orient the students in dealing with economic problems with a practical and analytical approach. The comprehensive and wide scope of the course ensures that students receive sufficient experience of the current issues and crisis of the world especially that of the emerging economies. Data Analytics has a wide range of applications in practice – from social science, to natural sciences; from the evaluation of economic policies, to prediction and classification of economic phenomena. In this program, you will learn how to use data analytic methods to combine data (from survey, census, social networks, text, sounds, images, memories, or experiences) and study human behaviour and social environments. specifically, we will help you translate economic theories into empirical questions that can be answered with data, and that can inform debates about the economy, society, and the impact of economic policies.

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Program Highlights

This undergraduate program in Economics aims at developing among students a sound theoretical understanding of the subject along with practical applications. The idea is to encourage broad based understanding with greater depth in areas of particular interest to students.

Some of the major learning outcomes of this program are:

  • Learn economics theories and how to contrast these theories in real life, using data analytic and data science techniques.
  • Use data and data analytic methods to evaluate policies, understand trends of macroeconomic aggregates, predict and classify economic phenomena, and map and analyse complex network relationships between firms, institutions, policy makers and other agents in society.
  • Master the use of a variety of statistical software used in government, industry, and academia, including R, SPSS and other popular packages.
  • Further, wide in its scope and application, studying economics today opens up several possibilities for the future. You will graduate with a rare combination of advanced skills in data analysis, including big data, and training in economics which will in turn make you highly employable in a range of fields, including finance and the government data service. For instance, graduates typically will be suited for the Investment Banks, Asset Management Firms, Management Consultancy Firms, Banking & Financial Services, Trading Desks, Tax & Advisory Firms, Economic Consultancy Firms, Policy Think Tanks. Our Economics with Data Science graduates thus go on to explore diverse job profiles such as, Investment Analyst, Investment Administrator, Economist, Economic Researcher, Sales Analyst, Financial Service Manager, Securities Analyst Trainee, Cost Estimator, Customer Profit Analyst, Portfolio Manager, Foreign Trade Analyst, Market Research Analyst, Data Analyst, and Data Scientist.

    Program Structure

    The principal courses include introductory microeconomics and macroeconomics, statistical techniques for economics and mathematical techniques for economics. The second year would comprise intermediate microeconomics and macroeconomics, introductory econometrics, Indian Economy, public economics and development economics. In third year, students will have the option to pursue electives apart from intensive focus on Applied Econometrics and Financial Economics. Students will have a 6-month internship in the last semester with major financial institutions and government organisations.

    Along with the above Economics courses, you will also cover important modules from Data Science specialisation such as

    • Data Warehousing and Cloud Computing
    • Applied Statistics
    • Advanced Excel for Decision Science
    • Data querying with SQL
    • Predictive Modelling
    • Data Visualisation & Storytelling
    • Big Data Analytics
    • Artificial Intelligence & Machine Learning
    • Functional Analytics

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