
P E D A G O G Y F O R T H E 2 1 S T C E N T U R Y
Now that students have chosen a major,
electives and minors can support exploration
of students in areas and sources of knowledge
different from their major’s core courses.
Program electives can be employed in one of
two ways.
First, students can deepen their knowledge of
a core area. For example, in the DSEB degree
an elective course on Applied Econometrics
can deepen the knowledge of students in
Econometrics by applying theoretical concepts
of unbiasedness, consistency and causality to
the real-world empirical evidence from
published papers. Econometrics is a fifth
semester core course that is a pre-requisite
for students to take the Applied Econometrics
course in the seventh semester. Similarly,
students can take Financial Econometrics in
their seventh semester if they have taken a
Time Series course in their sixth semester.
Many of the program electives can be taken in
their fourth semester, such as Environmental
Economics. However, the seventh semester
affords the most room for taking electives for
students since there are no core courses that
are offered after the sixth semester.
Second, students can take program electives to
satisfy their innate curiosity about a particular
subject. I have found a lot of joy teaching
students the program elective – Personnel
Economics. This course deals with the
economics of organizations and personnel
management. It is a technical introduction to
the world of business administration, human
resources and how employers should think
rationally about wage-setting, how many
employees to hire, whom to hire (level of
skills), and the processes to set up to manage
human resources (policies around training,
talent assessment, evaluation, promotion and
attrition). The students then work in groups to
carry out a research project either analyzing an
existing ‘workplace’ data set or building their
own from scratch. Many students who took
the elective wanted to explore without
deepening their knowledge of data science or
economics. Such a course is helpful in
business settings while working as a people
manager in human resources organizations, or
when setting up one’s own firm.
Minors let students experiment with adjacent
fields or entirely different lenses – like a CSAI
major exploring the strategic aspects of
innovation, marketing and finance through a
Minor in Entrepreneurship. A student in the
entrepreneurship minor may discover a passion
for product-market fit, taking courses, such as,
Design Thinking for Entrepreneurs, Technology
Product Development and Startup Market Lab,
to prototype an app, pitch to judges, and take it
to market with industry mentors many including
Plaksha founders. The Entrepreneurship minor
also exposes our students to faculty from UC
Berkeley, helping them attain a global perspective.
Thus, electives and minors offer students a
powerful way to deepen understanding, satisfy
curiosity and connect classroom learning to real-
world challenges.
Program Chair, Data Science, Economics & Business
Chair Professor of Economics
Plaksha University
Prof Prakarsh Singh
05
Students either specialize further in their domain or venture into adjacent
fields like entrepreneurship and design.
Years two through four: Deepening and
broadening through electives and minors
Foreword | Joining Plaksha | Freshmore Curriculum | Selecting a Major | Research Mindset | Entrepreneurship Mindset
Beyond the Classroom | Beyond Plaksha | ConfAI 2025
T H E U N D E R G R A D U AT E J O U R N E Y AT P L A K S H A