Economic History: Admissions 2024, Entrance Exams, Syllabus, Top Colleges, Job Profiles and Top Recruiters
Economic History is a branch of Economics which is the academic study of economies and economic events which have transpired over the years. The study of economic history focuses on the historical development of economic phenomena. It explores the evolution of institutions, policies, and economic systems, as well as how they affect society.
Understanding economic history can help one better understand the forces behind economic expansion, the effects of political choices, and the long-term dynamics of economic systems. It aids in the understanding of the past by economists and policymakers to identify current possibilities and difficulties. Most universities across the world offer undergraduate and graduate courses in economic history. These courses could be found in history departments, economics departments, or multidisciplinary programmes that emphasise social and economic history. Courses in Economics History can be completed at fees ranging between INR 4.2 LPA to INR 5.6 LPA.
Some of the job profiles at which graduates of economic history can work are researcher, policy analyst, historian, consultant, journalist, economist, etc. and earn an average salary ranging between INR 3 LPA to INR 8 LPA. Students can read further to learn all the main details related to Economic History course.
- Economic History Course Highlights
- All About Economic History Courses
- 2.1 Why Study Economic History?
- Economic History Course Eligibility Criteria
- Economic History Course Entrance Exams 2024
- Economic History Course Syllabus
- Top Colleges for Economic History Courses
- 6.1 Top Private Colleges for Economic History
- 6.2 Top Government Colleges for Economic History
- Economic History Career Scope: Job Profiles, Salary and Top Recruiters
- 7.1 Top Recruiters in Economic History
- Important FAQs related to Economic History
- Why Pursue Economic History Courses?
- Economic History Course Eligibility Criteria
- Types of Economic History Courses
- Economic History Course Entrance Exams 2024
- Economic History Course Syllabus
- Top Colleges for Economic History Courses
- 14.1 Top Private Colleges for Economic History
- 14.2 Top Government Colleges for Economic History
- Economic History Career Scope: Job Profiles, Salary and Top Recruiters
- 15.1 Economic History Job Profiles and Average Salary
- 15.2 Top Recruiters in Economic History
- Economic History FAQs: 2024
Economic History Course Highlights
Economic History courses can be taken towards many degrees. Before enrolling in any history classes after the 12th grade, candidates must grasp the course objectives and how their interests match with them. Some things to think about for someone interested in taking history classes are as follows:
| Particulars |
Details |
|---|---|
| Economic History Course Levels |
Graduation, Post Graduation, MPhil, Doctoral |
| Economic History Course Duration |
Graduation : 3 Years Post Graduation : 2 Years MPhil : 1-2 Years Doctoral : 3 Years Certificate: Upto 6 months |
| Economic History Course Eligibility |
Graduation: Should have passed class 12 from a recognised board and secured a minimum of 50% Post Graduation: Should have graduated from a recognised board and secured a minimum of 45% |
| Economic History Course Admission Process | Entrance Exams, Interviews |
| Economic History Course Entrance Exams |
|
| Economic History Course Fees |
INR 10000 to INR 2 lakh |
| Economic History Course Average Annual Salary |
INR 1.1 LPA - INR 8 LPA |
| Economic History Course Job Profiles |
Archaeologist, Historian, Anthropologist, Academic Researcher, School Teacher, College Professor, Information Officer, etc. |
| Economic History Course Areas of Employment |
Schools, Colleges, Library, Government offices, Archeology department, etc. |
| Economic History Course Top Colleges for Distance Learning |
IGNOU, Institute of Distance and Open Learning, University of Mumbai, NSOU, Institute of Distance Education, University of Madras, etc. |
Note: This information is sourced from the official website and may vary.
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All About Economic History Courses
The study of economic systems, organisations, and policies and how they have changed over time to shape societies and impact global development is a fascinating topic covered in economic history classes. Economic Historians use both quantitative data and qualitative sources to understand the historical context in which major economic events have taken place.
Usually, these courses provide a broad overview of economic history from prehistoric times to the present. Key economic principles, including production, distribution, trade, and consumption, are taught to students along with an analysis of their historical evolution. Click to learn Courses after 12th in Arts and Humanities.
Why Study Economic History?
Point-by-point explanations of the benefits of studying economic history are provided below:
Knowing the reasons: Economic history helps us understand the origins of existing economic systems, institutions, and policies by illuminating the reasons of current economic occurrences.
Understanding Economic Dynamics: By looking at past case studies, we may learn about the patterns and trends that emerge from the economic dynamics of growth, development, and decline. These insights can then be used to inform economic analysis and decision-making in the present.
Contextualising Current concerns: By allowing us to comprehend how past events, policies, and trends have affected current economic possibilities and problems, economic history gives context for current economic concerns.
Learning from Past Mistakes: Researching economic history enables us to draw important conclusions from past failures and achievements, offering guidance to decision-makers in government, business, and individual pursuits.
Relevant Links Related to Economic History Course:
Economic History Course Eligibility Criteria
Students need to pursue a basic eligibility criterion to seek admission to varied Economic History courses. For admission to undergraduate courses, students need to have passed 10+2 from a recognised board. Some of the institutes offer admissions only based on merit, others give entry on the score of entrance examinations.
Similarly, graduation with minimum 45 per cent marks is the eligibility criteria for postgraduate courses. Candidates can check the below-given table below for the important courses offered, their duration and eligibility criteria for Economic History:
| Type of Courses |
Duration |
Eligibility Criteria |
|---|---|---|
| BA History |
3-Years |
The candidate needs to have done their Class 12 with a recognised board in any discipline and should have secured a minimum of 45% aggregate. |
| BA Economics |
3-Years |
The candidate needs to have done their Class 12 from a recognised board in Humanities or Commerce and should have secured a minimum of 45% aggregate. |
| MA History |
2-Years |
The candidate should have done their graduation with BA History or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA Ancient History |
2-Years |
The candidate should have done their graduation with BA in History or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA Economics |
2-Years |
The candidate should have done their graduation with BA in Economics/BCom/BBA or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA in Econometrics |
2-Years |
The candidate should have done their BA in Economics/BCom/BTech/BSc Mathematics from a recognised University and should have secured a minimum of 50%. |
| MPhil in Economics |
2-Years |
The candidate should have done their MA in Economics/Econometrics from a recognised University and should have secured a minimum of 55%. |
Note: This information is sourced from official website and may vary.
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Economic History Course Entrance Exams 2024
Each institution has its own admissions process for degrees in the humanities and social sciences. Some colleges base their cut-off list only on the percentage of students who passed the 10+2 board exam. However, certain universities administer national admission exams.
The following is a list of entrance exams for Economics History courses in India.
| Entrance Exam | Registration Dates | Exam Dates |
|---|---|---|
| CUET | Feb-Mar 2024 | CUET Exam Schedule |
| IGNOU | ------ | IGNOU Exam Schedule |
| PUBDET | Jan' 2024 | PUBDET Exam Schedule |
| AAT | Jan' 2024 | AAT Exam Schedule |
| BHU UET | Closed | BHU UET Exam Schedule |
| TISSNET | To be notified | TISSNET Exam Schedule |
Note: This information is sourced from official website of the institute/exam.
Economic History Course Syllabus
Understanding historical economic events, guiding decision-making in the present, and influencing future economic policies and strategies are all made possible by studying economic history. Students can see the table below to learn the semester-wise syllabus of BA in Economic History:
| Semester-1 | ||
|---|---|---|
| Introduction to Economic History | Principles of Microeconomics | Western Civilization: Economic Foundations |
| Semester-2 | ||
| Principles of Macroeconomics | World History: Economic Perspectives | Quantitative Methods for Economic Analysis |
| Semester-3 | ||
| Economic History of Europe | History of Economic Thought | Research Methods in Economic History |
| Semester-4 | ||
| Economic History of the United States | Economic Development and Growth | Elective Course (e.g., Economic Geography, Labor Economics, Financial History) |
| Semester-5 | ||
| Topics in Economic History: Industrial Revolution | Seminar in Economic History: Research Seminar | Indian History |
| Semester-6 | ||
| Economic History of Asia | Senior Thesis in Economic History | Capstone Seminar in Economic History |
Top Colleges for Economic History Courses
Students can pursue Economic History courses from several government and private colleges. They need to consider the admission process and fees structure of any colleges before seeking admission. The colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.
Top Private Colleges for Economic History
The table below contains the name of private colleges offering History courses.
| Name of College | Fees (in INR) |
|---|---|
| INR 2.2 lakh | |
| INR 2.25 lakh | |
| ---- | |
| INR 1.99 lakh | |
| INR 66000 | |
| INR 3 lakh | |
| Mount Carmel College, Bangalore | INR 1.5 lakh |
| Shoolini University, Solan | INR 2 lakh |
| Stella Maris College, Chennai | INR 75000 |
| St. Xavier's College, Mumbai | INR 72000 |
Top Government Colleges for Economic History
Some of the renowned government colleges for admission to History courses are:
| Name of College | Fees (in INR) |
|---|---|
| Daulat Ram College, Delhi | INR 47000 |
| Gargi College, Delhi | INR 44000 |
| Hansraj College, Delhi | INR 540 |
| INR 52000 | |
| Jamia Millia Islamia, Delhi | INR 21000 |
| INR 54000 | |
| Madras Christian College, Chennai | ---- |
| Miranda House, Delhi | INR 42000 |
| Ramjas College, Delhi | INR 42000 |
| Sri Venkateswara College, Delhi | INR 37000 |
Note: This information is sourced from official website/ counselling body and may vary.
Economic History Career Scope: Job Profiles, Salary and Top Recruiters
A large number of graduates go on to work as professors, researchers, or postdoctoral fellows at academic institutions. They carry out original research, write books and scholarly papers, and instruct students in multidisciplinary programmes, economic history, history, and economics.
Economic History Job Profiles and Average Salary
Given below are some popular job profiles that candidates can take up after completing a course in Economic History:
| Job Profiles | Description | Average Salary (in INR) |
|---|---|---|
| Archaeologist | An archaeologist is a professional who studies the origin, development, and behaviour of human beings. |
INR 5.4 lakh |
| Teacher/ Professor | Candidates interested in the field of academics can choose to be a teacher in a school or a professor in college/ university after attaining the required qualification. | INR 4.3 lakh |
| Cultural Anthropologist |
Also known as a sociocultural anthropologist, a cultural anthropologist studies the art, traditions, customs, and languages of societies to learn how humanity has developed over some time. |
INR 5.6 lakh |
| Editor | An editor is a professional responsible for the overall style and content of a publication. |
INR 6 lakh |
| Geologist |
A geologist is responsible for studying earth processes such as earthquakes, floods, landslides, and volcanic eruptions to survey the land and draw up safe building plans. | INR 6.2 lakh |
| Historian | A historian researches, analyses as well as interpret the past as recorded in various sources such as newspapers, government records, photographs, films, interviews, letters, unpublished manuscripts, etc | INR 5.6 lakh |
Note: This information is sourced from multiple sources on the web. Hence, is subject to vary.
Top Recruiters in Economic History
History occupations with strong career possibilities are available in both the public and private sectors. History graduates' pay is determined by a variety of factors, including the sector's job growth, governmental policies, initiatives, taxes, and so on. Some of the areas of employment for Economic History graduates are:
- Archeological Survey of India
- Ministry of Tourism
- Ministry of External Affairs
- National Library
| Top Recruiters in Economic History | ||
|---|---|---|
| Chandigarh University |
Abbott |
K.L Textiles |
| Lucknow University |
Adani Agro |
Sun pharmaceutical |
| NDTV |
Ministry of AYUSH |
Ranbaxy |
Quick Links Related to Economic History Courses:
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Important FAQs related to Economic History
Q. Why should one study economic history?
A. There are several reasons why studying economic history is so beneficial. First of all, it helps us comprehend how economic systems have changed throughout time by illuminating the underlying causes of current economic events. We can foresee possible outcomes of economic policies and make better decisions in the present by taking lessons from past failures and triumphs.
In addition to providing background for understanding current economic challenges, economic history also illuminates how historical events, policies, and trends have influenced the state of the economy today. Additionally, learning about economic history encourages multidisciplinary methods, analytical reasoning, and critical thinking, giving students useful abilities that they may use in a variety of contexts.
Q. What is the relationship between economics and history?
A. Economic history deals with analysis of economics, factors that analyse how past economies have changed, and factors influencing in development of economics. Meanwhile, economics deals with an analytical frameworks to approach different issues.
| Aspect | Economics | History |
|---|---|---|
| Interdisciplinary Nature | Combines theories from various disciplines | Utilizes methodologies from social sciences |
| Contextualizing Phenomena | Studies economic behavior in societal context | Examines societal development over time |
| Long-Term Perspectives | Analyzes trends over centuries or millennia | Studies historical events and their impacts |
| Understanding Institutions | Analyzes economic institutions and policies | Investigates the evolution of social institutions |
| Learning from Events | Derives lessons from economic phenomena | Draws lessons from historical events |
| Comparative Analysis | Compares economic systems across regions | Compares societies across time and space |
| Policy Implications | Informs policy debates and decision-making | Provides insights for policy formulation |
| Cultural and Social Context | Considers social and cultural factors | Analyzes societal norms and behaviors |
Q. What are the courses offered in Economic History?
A. Popular courses offered in Economic History are BA History, BA Economics, MA History, MA Ancient History, MA Economics, MA in Econometrics and MPhil in Economics. These courses address theoretical frameworks, empirical analysis, and specialised issues within the area of economic history with the goal of giving students at various stages of their academic journey a comprehensive understanding of the subject.
Q. What are the job options in Economic History?
A. After pursuing graduation or post-graduation in Economic History, candidates can avail of job options like data analyst, historian, lecturer, researcher, professor, consultant etc. Some of the fields are listed below:
| Job Profiles in Economic History | |
|---|---|
| Historian | Data Analyst |
| Statistician | Researcher |
| Lecturer | Professor |
| Teacher | Advisor |
| Consultant | |
Q. What is the admission process for Economic History courses?
A. Students can see the below points to understand the admission process for Economic History courses:
- Choose University/College: The first step is to search for colleges or universities which are offering courses in Economics or History. Check the fees, the seats offered, and eligibility criteria which are set for the course. Also, find out if the syllabus is offering the specialisation or branch you are interested in.
- Apply for Course: Proceed to apply for admission after getting to know the university offering the programme. Fill up the details as required and pay the application fee. The application forms are available for a limited period of time so the candidate is advised to know the details way in advance.
- Mode of Admission: Universities and Colleges will either conduct entrance exams for admission or offer admission through merit. For postgraduate courses, the candidate will have to appear for an entrance exam.
- Results: Selected and qualified candidates make the merit list. The student has to get the desired rank and percentage, to be eligible for admission.
- Counselling: The candidate will have to appear for the counselling session conducted at the university to book their seat, submit their documents and pay the fees to seal admission.
Q. What are the main subjects in Economic History?
A. The main subjects covered in Economic History course include:
- Basics of Economic History
- Indian Economy
- Indian Culture
- Money and finance in macroeconomic history
- Science and Technology
- Changes in Chinese History
Q: What is the relationship between economics and history?
Economic history deals with analysis of economics, factors that analyse how past economies have changed, and factors influencing in development of economics. Meanwhile, economics deals with an analytical frameworks to approach different issues.
| Aspect | Economics | History |
|---|---|---|
| Interdisciplinary Nature | Combines theories from various disciplines | Utilizes methodologies from social sciences |
| Contextualizing Phenomena | Studies economic behavior in societal context | Examines societal development over time |
| Long-Term Perspectives | Analyzes trends over centuries or millennia | Studies historical events and their impacts |
| Understanding Institutions | Analyzes economic institutions and policies | Investigates the evolution of social institutions |
| Learning from Events | Derives lessons from economic phenomena | Draws lessons from historical events |
| Comparative Analysis | Compares economic systems across regions | Compares societies across time and space |
| Policy Implications | Informs policy debates and decision-making | Provides insights for policy formulation |
| Cultural and Social Context | Considers social and cultural factors | Analyzes societal norms and behaviors |
Q: What is economics all about?
Q: What is History course?
History is an interesting and exciting subject to research. It may help us understand ourselves and our world, as well as inspire us to make a change. History courses in India range from certificate courses to degree and PhD programmes. The primary eligibility condition for anyone interested in this job is a 10+2 Diploma from a recognised school/college. Because excavations are still being conducted around the world, new discoveries are being made all the time, and the demand for archaeologists and historians is increasing. As a result, students will have numerous chances after completing this course.
Here are some of the different types of history:
- Political history focuses on the study of governments, political systems, and political leaders.
- Social history focuses on the study of everyday life, social structures, and social movements.
- Economic history focuses on the study of the economy, economic systems, and economic development.
- Cultural history focuses on the study of art, literature, religion, and other aspects of culture.
- Intellectual history focuses on the study of ideas, beliefs, and ideologies.
Why Pursue Economic History Courses?
Point-by-point explanations of the benefits of studying economic history are provided below:
Knowing the reasons: Economic history helps us understand the origins of existing economic systems, institutions, and policies by illuminating the reasons of current economic occurrences.
Understanding Economic Dynamics: By looking at past case studies, we may learn about the patterns and trends that emerge from the economic dynamics of growth, development, and decline. These insights can then be used to inform economic analysis and decision-making in the present.
Contextualising Current Concerns: By allowing us to comprehend how past events, policies, and trends have affected current economic possibilities and problems, economic history gives context for current economic concerns.
Learning from Past Mistakes: Researching economic history enables us to draw important conclusions from past failures and achievements, offering guidance to decision-makers in government, business, and individual pursuits.
Relevant Links Related to the Economic History Course:
Economic History Course Eligibility Criteria
Students need to pursue a basic eligibility criterion to seek admission to varied Economic History courses. For admission to undergraduate courses, students need to have passed 10+2 from a recognised board. Some of the institutes offer admissions only based on merit, others give entry on the score of entrance examinations.
Similarly, graduation with a minimum of 45 per cent marks is the eligibility criteria for postgraduate courses. Candidates can check the below-given table below for the important courses offered, their duration and eligibility criteria for Economic History:
| Type of Courses |
Duration |
Eligibility Criteria |
|---|---|---|
| BA History |
3-Years |
The candidate needs to have done their Class 12 with a recognised board in any discipline and should have secured a minimum of 45% aggregate. |
| BA Economics |
3-Years |
The candidate needs to have done their Class 12 from a recognised board in Humanities or Commerce and should have secured a minimum of 45% aggregate. |
| MA History |
2-Years |
The candidate should have done their graduation with BA History or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA Ancient History |
2-Years |
The candidate should have done their graduation with BA in History or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA Economics |
2-Years |
The candidate should have done their graduation with BA in Economics/BCom/BBA or any similar subject from a recognised University and should have secured a minimum of 50%. |
| MA in Econometrics |
2-Years |
The candidate should have done their BA in Economics/BCom/BTech/BSc Mathematics from a recognised University and should have secured a minimum of 50%. |
| MPhil in Economics |
2-Years |
The candidate should have done their MA in Economics/Econometrics from a recognised University and should have secured a minimum of 55%. |
Note: This information is sourced from official website and may vary.
Quick Links Related to Economic History Course:
State universities Vs deemed universities: Which is better?
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Q: What are the eligibility criteria to pursue Economics History courses?
The eligibility criteria to pursue Economic History courses may vary depending on the course level you opt for . If you have completed Class 12 then you can apply for BA Economics (Hons) course. If you are a graduate then you can apply for MA Economics (Hons) and on completing post graduation you can apply for PG Diploma Economics or PhD Economics, depending on your choice. You should make sure that you have atleast 50% marks in your previous educational qualification.
Q: Can I pursue Economic History course after BTech?
Yes, you can pursue Economic History course after completing BTech course. As a graduate you will be eligible to apply for post graduate level Economics courses like MA Economics and MSc Economics. But some colleges may have more restricted eligibility criteria. They may allow only those candidates who have a degree in Economics or those who have cleared entrance exam. To get admission in good colleges you may have to appear for and clear PG level entrance exams such as CUET PG, IPU CET, PUCET PG, JMI entrance exam etc.
Types of Economic History Courses
Through the study of Economic History, one gets an opportunity to know about the Indian economy and its financial institutions. This topic helps to understand the mechanism behind the financial institution. Courses related to this subject introduce an understanding of macroeconomics and microeconomics and development in various fields etc.
Some of the courses offered in Economic History are given below:
| Types of Economics History Courses |
Duration |
|---|---|
| BA (Hons) Economics |
3-Years |
| BA Economics + Commerce |
3-Years |
| BSc in Economics |
3-Years |
| MA in Economics |
2-Years |
| MA in Applied Economics |
2-Years |
| MSc in Agricultural Economics |
2-Years |
| Integrated MA in Economics |
5-Years |
| MA Economics with specialisation in Energy Economics |
2-Years |
| BSc in Economics with Data Science |
2-Years |
| BSc in Politics, Economics and Analytics |
2-Years |
| PhD in Economics |
2-Years |
| MPhil in Economics |
2-Years |
Q: What are the courses offered in Economic History?
Popular courses offered in Economic History are BA History, BA Economics, MA History, MA Ancient History, MA Economics, MA in Econometrics and MPhil in Economics. These courses address theoretical frameworks, empirical analysis, and specialised issues within the area of economic history with the goal of giving students at various stages of their academic journey a comprehensive understanding of the subject.
Q: What are the different courses offered by best Economics colleges in India?
Please refer to the table below for the top courses offered by best Economics colleges in India:
| Courses Offered | No. of Colleges |
|---|---|
| BA | 2,800+ colleges |
| MA | 1,600+ colleges |
| BSc | 280+ colleges |
| PhD | 130+ colleges |
| MSc | 60+ colleges |
Economic History Course Entrance Exams 2024
Most renowned colleges shortlist aspirants for admission to Economic History courses offered by them on the basis of their performance in an entrance exam. Candidates qualifying for the written exam have to then appear for counselling. Some popular entrance exams for Economic History courses conducted in India are listed below:
| Economic History Courses Entrance Exams |
Entrance Exam Schedule |
Entrance Exam Dates |
|---|---|---|
| 15 May '24 to 24 May '24. |
||
| Mar '25 (Tentative) |
||
| University Grants Commission National Eligibility Test(UGC NET) |
21 Aug '24 - 04 Sep '24 |
Jun '24 | CT SET 2024 Counselling Start TENTATIVE |
Jun '24 | CT SET 2024 Result TENTATIVE |
7 Dec ' 24 | SAT Test December Date |
26 Nov ' 24 | SAT Deadline for Changes, Regular Cancellation, a... |
21 Sep ' 24 | Second Phase of Counselling Begins |
20 Sep ' 24 | Reporting to Respective Colleges |
Feb '25 - Apr '25 | CUET 2025 Application Process TENTATIVE |
Apr '25 | CUET UG 2025 Application Form Correction TENTATIVE |
Q: What is CUET UG exam?
Common University Entrance Test (CUET) UG is an entrance examination conducted for admission to undergraduation programs offered by various central, state, private and deemed universities. Candidates willing to take admission to undergraduation programme in streams like Science, Humanities, Commerce, Law and Management must appear for the CUET UG exam when conducted.
The entrance examination assesses candidates at various levels: Language, domain knowledge and general aptitude. CUET UG is conducted annually in computer based mode. CUET UG scores are accepted by more than 300 universities across India.
Q: What is the mode of the CUET PG exam?
The CUET PG exam is conducted in computer-based test (CBT) mode. This means that the exam is taken on a computer, and the questions and answers are displayed on the screen. Candidates use a mouse or keyboard to select their answers.
The CUET PG exam is held in multiple sessions throughout the day, and candidates are assigned to a specific session during registration. The exam is two hours long and consists of 100 multiple-choice questions.
Q: What is CUET UG exam slot and timing?
CUET 2025 will be held in two/three slots. The timing for the same will be released with release of CUET 2025 date sheet. Candidates will be able to know the exam centre and timing along with the release of CUET 2025 admit card. Tables below will be updated on release of the CUET 2025 date sheet:
CUET UG Exam in Pen Paper/CBT Mode | |||
|---|---|---|---|
CUET Exam Date 2025 | Shifts | Slot Time | CUET Subject/Code |
| To be updated | To be updated | To be updated | To be updated |
Q: What is CUET PG examination structure?
The following table brings the structure of the expected CUET PG question paper.
Part | Sections/Subjects | Number of Questions |
|---|---|---|
A | Language Comprehension/Verbal Ability, General Test (GK, QA, Analytical Skills) | 25 |
B | Domain knowledge | 75 |
Candidates must note that the Language Comprehension/Verbal Ability section is compulsory. The General Test also has to be taken by candidates opting for all test papers except Education (PGQP01).
Q: What is the UGC NET exam pattern?
The UGC NET (National Eligibility Test) is a national-level exam conducted by the National Testing Agency NTA on behalf of the University Grants Commission (UGC). The exam is conducted twice a year to determine the eligibility of candidates for the post of Assistant Professor and for awarding Junior Research Fellowship (JRF) in Indian universities and colleges. The exam is conducted in two papers: Paper 1 and Paper 2. Here are the details of the UGC NET exam pattern: Paper 1: a) Duration: 3 hours (180 minutes combining both papers) b) Total marks: 100 c) Number of questions: 50 d) Type of questions: Multiple Choice Questions (MCQs) e) Marking scheme: Each question carries 2 marks. There is no negative marking for incorrect answers. F) Syllabus: Teaching and research aptitude, reasoning ability, comprehension, divergent thinking, and general awareness. Paper 2: a) Duration: 3 hours (180 minutes combining both papers) b) Total marks: 200 c) Number of questions: 100 d) Type of questions: Multiple Choice Questions (MCQs) e) Marking scheme: Each question carries 2 marks. There is no negative marking for incorrect answers. f) Syllabus: Based on the subject selected by the candidate. The UGC NET exam is conducted in online mode. The questions in both papers are in English and Hindi except for languages other than English and Hindi. Candidates need to secure the minimum qualifying marks in both papers to be eligible for Assistant Professor and Junior Research Fellowship (JRF).
Economic History Course Syllabus
Understanding historical economic events, guiding decision-making in the present, and influencing future economic policies and strategies are all made possible by studying economic history. Students can see the table below to learn the semester-wise syllabus of BA in Economic History:
| Semester-1 | ||
|---|---|---|
| Introduction to Economic History | Principles of Microeconomics | Western Civilization: Economic Foundations |
| Semester-2 | ||
| Principles of Macroeconomics | World History: Economic Perspectives | Quantitative Methods for Economic Analysis |
| Semester-3 | ||
| Economic History of Europe | History of Economic Thought | Research Methods in Economic History |
| Semester-4 | ||
| Economic History of the United States | Economic Development and Growth | Elective Course (e.g., Economic Geography, Labor Economics, Financial History) |
| Semester-5 | ||
| Topics in Economic History: Industrial Revolution | Seminar in Economic History: Research Seminar | Indian History |
| Semester-6 | ||
| Economic History of Asia | Senior Thesis in Economic History | Capstone Seminar in Economic History |
Q: What are the main subjects in Economic History?
The main subjects covered in Economic History course include:
- Basics of Economic History
- Indian Economy
- Indian Culture
- Money and finance in macroeconomic history
- Science and Technology
- Changes in Chinese History
Q: Which are some good books on Economic History?
Economic History Books | Author |
|---|---|
Capital in the Twenty-First Century | Thomas Piketty |
Why Nations Fail: The Origins of Power, Prosperity and Poverty | Daron Acemoglu and James A. Robinson |
Debt: The First 5000 Years | David Graeber |
The Ascent of Money: A Financial History of the World | Niall Ferguson |
Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail | Ray Dalio |
The Great Transformation | Karl Polanyi |
Slouching Towards Utopia: An Economic History of the Twentieth Century | J. Bradford DeLong |
Power and Plenty: Trade, War, and the World Economy in the Second Millennium | Ronald Findlay |
The Enlightened Economy: An Economic History of Britain, 1700-1850 | Joel Mokyr |
Global Economic History | Frieden |
Top Colleges for Economic History Courses
Students can pursue Economic History courses from several government and private colleges. They need to consider the admission process and fees structure of any colleges before seeking admission. The colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.
Top Private Colleges for Economic History
The table below contains the names of private colleges offering History courses.
| Name of College | Fees (in INR) |
|---|---|
| INR 2.2 lakh | |
| INR 2.25 lakh | |
| ---- | |
| INR 1.99 lakh | |
| INR 66000 | |
| INR 3 lakh | |
| Mount Carmel College, Bangalore | INR 1.5 lakh |
| Shoolini University, Solan | INR 2 lakh |
| Stella Maris College, Chennai | INR 75000 |
| St. Xavier's College, Mumbai | INR 72000 |
Top Government Colleges for Economic History
Some of the renowned government colleges for admission to History courses are:
| Name of College | Fees (in INR) |
|---|---|
| Daulat Ram College, Delhi | INR 47000 |
| Gargi College, Delhi | INR 44000 |
| Hansraj College, Delhi | INR 540 |
| INR 52000 | |
| Jamia Millia Islamia, Delhi | INR 21000 |
| INR 54000 | |
| Madras Christian College, Chennai | ---- |
| Miranda House, Delhi | INR 42000 |
| Ramjas College, Delhi | INR 42000 |
| Sri Venkateswara College, Delhi | INR 37000 |
Note: This information is sourced from official website/ counselling body and may vary.
Q: How many economics colleges are there in India?
There are around 4,000+ best Economics colleges in India of which 1,400+ colleges are owned by the government, 900+ colleges are owned by private entities and the rest 800+ colleges are owned by semi government institutions. CUET, CUET PG, UGC NET, etc. are the popular entrance exams for admission to best Economics colleges in India. Delhi School of Economics, Hansraj College, St. Xavier's College, JMI, IFMR Graduate School of Business and Christ University are the top Economics colleges in India.
Q: Which low costing Economics colleges in India provide high placement to their students?
Please refer to the table below for the best low costing Economics colleges in India that offer the highest placement to their students:
| College Name | Tuition Fee | Eligibility / Exams |
|---|---|---|
| IIT Kanpur - Indian Institute of Technology | INR 12,000 - INR 48,550 | INR 16.86 LPA |
| Janki Devi Memorial College, University of Delhi | INR 750 - INR 61,370 | INR 5 LPA - INR 15.5 LPA |
| IIT Delhi - Indian Institute of Technology | INR 30,000 | INR 15.5 LPA |
| Delhi School of Economics (DSE), University of Delhi | INR 480 | INR 15.5 LPA |
| Institute of Distance and Open Learning, University of Mumbai | INR 16,260 - INR 16,300 | INR 4.5 LPA - INR 15 LPA |
Q: Which are the best government Economics colleges in India?
Hi, given below are the best government Economics colleges in India:
| College Name | Tuition Fee | Eligibility / Exams |
|---|---|---|
| Delhi School of Economics (DSE), University of Delhi | INR 480 | Merit-Based |
| Hansraj College, University of Delhi | INR 540 | CUET |
| JMI | INR 14,400 - INR 21,600 | CUET, JMI Entrance Exam |
| JNU | INR 432 - INR 12 lakh | CUET-PG, CUET |
| IIT Bombay | INR 8 lakh | Merit-Based |
Q: Is Delhi School of Economics expensive?
No, being a government college, Delhi School of Economics is not expensive. Even if the students find the fee a little high, candidates must apply for the scholarships provided by the college. Some of the scholarships include Dr. Manmohan Singh Fellowship worth INR 5000 per month and a book grant of INR 7,500 per annum. The other one is the A.N. Ram scholarship worth which is INR 1,200 per month.
Popular Private Economic History Colleges in India
Economic History Career Scope: Job Profiles, Salary and Top Recruiters
A large number of graduates go on to work as professors, researchers, or postdoctoral fellows at academic institutions. They carry out original research, write books and scholarly papers, and instruct students in multidisciplinary programmes, economic history, history, and economics.
Economic History Job Profiles and Average Salary
Given below are some popular job profiles that candidates can take up after completing a course in Economic History:
| Job Profiles | Description | Average Salary (in INR) |
|---|---|---|
| Archaeologist | An archaeologist is a professional who studies the origin, development, and behaviour of human beings. |
INR 5.4 lakh |
| Teacher/ Professor | Candidates interested in the field of academics can choose to be a teacher in a school or a professor in college/ university after attaining the required qualifications. | INR 4.3 lakh |
| Cultural Anthropologist |
Also known as a socio-cultural anthropologist, a cultural anthropologist studies the art, traditions, customs, and languages of societies to learn how humanity has developed over some time. |
INR 5.6 lakh |
| Editor | An editor is a professional responsible for the overall style and content of a publication. |
INR 6 lakh |
| Geologist |
A geologist is responsible for studying earth processes such as earthquakes, floods, landslides, and volcanic eruptions to survey the land and draw up safe building plans. | INR 6.2 lakh |
| Historian | A historian researches, analyses as well as interpret the past as recorded in various sources such as newspapers, government records, photographs, films, interviews, letters, unpublished manuscripts, etc | INR 5.6 lakh |
Note: This information is sourced from multiple sources on the web. Hence, is subject to vary.
Top Recruiters in Economic History
History occupations with strong career possibilities are available in both the public and private sectors. History graduates' pay is determined by a variety of factors, including the sector's job growth, governmental policies, initiatives, taxes, and so on. Some of the areas of employment for Economic History graduates are:
- Archeological Survey of India
- Ministry of Tourism
- Ministry of External Affairs
- National Library
| Top Recruiters in Economic History | ||
|---|---|---|
| Chandigarh University |
Abbott |
K.L Textiles |
| Lucknow University |
Adani Agro |
Sun pharmaceutical |
| NDTV |
Ministry of AYUSH |
Ranbaxy |
Quick Links Related to Economic History Courses:
Q: What are the job options in Economic History?
After pursuing graduation or post-graduation in Economic History, candidates can avail of job options like data analyst, historian, lecturer, researcher, professor, consultant etc. Some of the fields are listed below:
| Job Profiles in Economic History | |
|---|---|
| Historian | Data Analyst |
| Statistician | Researcher |
| Lecturer | Professor |
| Teacher | Advisor |
| Consultant | |
Q: How can I become an economist?
Economic History FAQs: 2024
Here are some Frequently Asked Questions (FAQs) related to Economic History:
Q: What is the admission process for Economic History courses?
Students can see the below points to understand the admission process for Economic History courses:
- Choose University/College: The first step is to search for colleges or universities which are offering courses in Economics or History. Check the fees, the seats offered, and eligibility criteria which are set for the course. Also, find out if the syllabus is offering the specialisation or branch you are interested in.
- Apply for Course: Proceed to apply for admission after getting to know the university offering the programme. Fill up the details as required and pay the application fee. The application forms are available for a limited period of time so the candidate is advised to know the details way in advance.
- Mode of Admission: Universities and Colleges will either conduct entrance exams for admission or offer admission through merit. For postgraduate courses, the candidate will have to appear for an entrance exam.
- Results: Selected and qualified candidates make the merit list. The student has to get the desired rank and percentage, to be eligible for admission.
- Counselling: The candidate will have to appear for the counselling session conducted at the university to book their seat, submit their documents and pay the fees to seal admission.
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