B.A.(Hons) Business Economics

Bachelor's Degree by G.D. Goenka World Institute Gurgaon View Contact

Starting from: INR 3,45,000 Per Course (Taxes As Applicable) Request Info

The BA (Hons) Business Economics provides a strong foundation in economic theories and principles but with a particular focus on examining their relevance to business and managerial situations. Students will be asked to analyse the international economic environment and to assess the impact of external factors on micro and macroeconomic performance and public policy. This programme allows students to study economics whilst leaving more space in the curriculum for Business Studies.

Career Opportunities
The institute places very high importance on career plans of graduating students and thus has a fully functional training and placement division. This division is in constant networking with the industry, to open new avenues for the students in the growing service, manufacturing and consulting sectors. The institute works towards providing excellent career opportunities for students through campus placement fairs.

Educational Aims: Knowledge, Understanding and Skills
This degree scheme aims to develop students' knowledge, understanding and ability to apply techniques in the area of economics specifically to problems in the business sector.

Students should be able to understand a wide range of theoretical debates in economics and business, analyse economic problems and evaluate the implications for economic policy and business planning & strategy. The degree scheme is distinctive in that students have access to a wide choice of specialist courses, ranging across advanced Microeconomic and Macroeconomic theory, advanced quantitative methods and International Economics.

Learning Outcomes
This section sets out what is to be acquired and how it is to be acquired in the areas of knowledge and understanding, cognitive, practical and transferable skills.

Subject Specific Knowledge, Understanding and Skills

• Understanding and application of the transferable concepts of economics including: opportunity cost; incentives; equilibrium, disequilibrium & stability; strategic thinking; expectations & surprises; the importance of analysis at the margin in making decisions; gains from voluntary exchange; systems & dynamics

• Acquisition of subject specific skills including: skills of abstraction; analytical skills; quantification & design skills; framing skills

Academic Calendar
First Semester: August to November, Second Semester: November to February, Third Semester: February to May

Subject Specific Knowledge, Understanding and Skills

• Understanding and application of the transferable concepts of economics including: opportunity cost in the business context; incentives in the business context; equilibrium, disequilibrium and stability; strategic thinking in the business context; expectations and surprises; the importance of analysis at the margin in making business decisions; gains from voluntary exchange; systems and dynamics

• Acquisition of subject specific skills including: skills of abstraction; analytical skills; quantification and design skills; framing skills.

General Knowledge, Understanding and Skills

Students will demonstrate that they:

• have programme specific knowledge and understanding including: core economic principles; quantitative methods and computing techniques; applications of economics; sources, uses and analysis of data; applications of economic methods in the business context.

  • are effective learners and planners

  • are critical and reflective thinkers

  • are effective communicators

  • are effective team workers (including multi-cultural and diverse groups)

  • are effective analysts (subject specific)

  • have awareness of ethical understanding and reasoning

YEAR I

Course Title

• GDECON 102 Principles of Economics

• GDMSCI 101 Introductory Statistics and Computing for Management

• GDACF 100 Accounting and Finance

• GDMNGT 120 Introduction to Business & Management

YEAR II

Course Title

• GDECON 204 Introduction to Quantitative Methods in Economics

• GDECON 207 Managerial Economics

• GDECON 208 Business and International Macroeconomics

• GDECON 209 Applied Business Economics

• GDECON 212 Introduction to Econometrics

• GDACF 214 Principles of Finance

• GDMKTG 222 Marketing Fundamentals

• GDMSCI 203 Managing Information Systems

YEAR III

Course Title

• GDECON 331 Industrial Organisation

• GDECON 325 Advanced Microeconomics Theory

• GDECON 324 Advanced Macroeconomics Theory

• GDECON 334 – International Business

• GDECON 332 Economic Growth and Development

• GDACF 213 Principle of Management Accounting

• GDMKTG 227 Marketing Management Essentials

• GDACE 302 Corporate Finance

GDGWI and Lancaster University reserve the right to make changes in programme structure/modules offered, at any given point of time.

FEE PAYMENT SCHEDULE

The fee indicated above is the tuition fee at the GDGWI, besides this each student has to make a direct payment of UK Pound 700 a year as registration fee to lancaster University against an invoice issued in the name of the student by Lancaster University. This amount will be paid in British Pound at the time of registration through an authorized bank

(Details will be provided)

A one-time interest free refundable security deposit of Rs. 50,000 has to be made at the time of admission. This is refundable after the completion of the programme or when the student leaves the programme for any reason after adjustment of all pending dues and damages if any.

Students opting to take Hostel accommodation will be required to choose between 4 seater rooms [ Rs. 1,98,000 (for boys) or Rs. 1,75,000 (for girls) per annum] and 2 seater rooms [Rs. 2,50,000 (for boys) or Rs. 2,00,000 (for girls) per annum]. This will include furniture & fixtures, safety & security, food, internet, TV, refrigerator, electricity, hot water, use of the facilities except laundry services and the activities that require membership. Membership of Fitness Center is open to all students (charge will be extra).

Transport Service may be available from Sushant Lok Metro Station, Gurgaon for all Delhi Students. Transport facility will be available for Gurgaon/Faridabad depending on adequate no. of students.

Fees once paid are non-refundable. (Exceptions are made only in case of students who have got provisional admission but fail to satisfy the conditions for admission after the results are declared)

Please make payment in case or through demand draft in favor of G D Goenka World Institute, payable at Delhi.

G.D. Goenka World Institute

The GD Goenka World Institute campus is set on 60 sprawling acres with the ancient and picturesque Aravalli hills for a backdrop. The gleaming towers of India’s high-tech Millenium City, Gurgaon and the National Capital Region are just a stone’s throw away. The meticulously maintained grounds, playing fields, sporting amenities and impressive buildings reveal the Institute’s passion for excellence in all that it does.

GDGWI does everything necessary to maintain the finest standards of international higher education. GDGWI is an uncomplicated gateway to the world of international education. This is reinforced by GDGWI’s close and symbiotic collaboration with Lancaster University who award degrees and diplomas. Lancaster University is accredited and affiliated to world bodies such as the AACSB, EQUIS and Association of MBAs.

GDGWI is guided by the philosophy that new thinking in the areas of teaching, learning, research and training are pivotal to making students tomorrow’s leaders and giving them a world view. A global connection via a truly international educational institution.

The Institute helps the students to self-improve their personalities enhance communication skills and build a positive, progressive global outlook through numerous programmes, activities and counselling. The Institute goes beyond the classroom to link education to solving real-life problems.

Personal growth and knowledge acquisition does not start or end at the classroom door. It extends to the numerous outreach programmes, special industry events and student community and sporting activities.

With unswerving focus on providing quality education, GDGWI has engaged the best and brightest faculty to guide students, engage their minds and raise their horizons. This is done by creating regular and systematic opportunities for students to interact with a broad range of industries and service sectors. This is a two way street, because it provides multinational companies the opportunity to learn about GDGWI and the benefits of recruiting its students.

The Institute has the best of facilities, equipment including laboratories, dedicated video conference facilities, virtual learning facilities and fully equipped conference rooms. These are all designed to extract the best and most creative qualities from the students. The hardware is superbly backed up by able counsellors who can inspire students to express themselves.

GDGWI is a truly international learning hotspot. This is borne out by its exchange programmes, reputed teachers and a world class curriculum that opens doors to a global learning environment. It has all the ingredients that make learning a pleasure and rewarding experience.