About the Department:

The Department of Economics was established in the year 1974. The Department is offering Economics in History, Economics, Political Science (HEP), Economics, Political Science, Public Administration (EPP), History, Economics, Public Administration (HEPa), Economics, Political Science, Computer Applications (EPCa), History, Economics, Computer Applications (HECa), Economics, Mathematics, Computer Applications (EMCa), Mathematics, Economics, Computer Science (MECs), Mathematics, Economics, Statistics (MES) courses. The courses are designed and their motivations, is critical to designing initiatives that can have social and economic upon society at a regional, national and international level. Studying economics provides one with not just understanding of human behaviour, but also cultivate in students the problem-solving, analytical, communication and persuasion skills that are critical for success in today’s job market. In business, economics can provide key insights into how to make a product or service appeal more to customers by de-constructing their incentives and desires. The deep insights into customer behaviour, business strategy and volatile markets that economics provides can help companies make intelligent decisions to promote greater business growth and success. Corporate are always eager to find better ways to make their value proposition clearer and more compelling, this is why skilled economists and economic analysis’s are in heavy demand across industries today. Following up the study of economics with an MBA opens up lucrative opportunities in marketing, finance and consulting, making it a vital first step onto a career path with exciting growth opportunities and prospects. This is one of the reasons that graduate in economics and postgraduates with a background in economics command some of the highest wages in the global job market. Economics with Mathematics or Statistics and Computer Application/ Computer Science are very good combinations for job opportunities in future job market.

Vision/ Aims of the Department:

The vision of the department of economics consists of exploring the economic study and analysis, policy framing and implementation issues faced by the Indian economy along with the analysis of their economies in the world. The department recognizes the growing demand for trained manpower in industry, government, research and other sectors as well as nurturing future researchers and specialists in economics. We try to meet this demand in a committed manner.

Objectives of the Department:

1. Expanding the horizons of students on theories and concepts in Economics.
2. To bring an interface between academics and practitioners of Economic Analysts.
3. To inculcate ethical values among students and train them to follow the professional ethics scrupulously.
4. To make the students understand the contemporary issues in Economics.
5. The study of economics provides tools to make these choices in such areas as employment, economic growth, price stability, and trade.
6. The Bachelor of Arts and Science (BAS) in Economics is especially suited for students who wish to combine a major in economics with concentrated study in other disciplines.
7. Students may also combine a major in economics with business fields such as Finance, Legal Studies, Marketing, or Management, Mathematics, Statistics and Computer.
8. This program provides students with a meaningful educational experience that is suitable for employment in a wide variety of occupations in business or government, and for continued study in graduate schools in economics, business, law, and other fields.

Learning Outcomes:

Upon completion of Bachelor of Arts/Science (BAS) in Economics, students are expected to demonstrate:

• A command of basic characteristics of the Indian and global economy by using this knowledge to critically evaluate economic outcomes.
• A command of basic economic theory by using this theory to make predictions and to analyze alternative economic policy options.
• The ability to communicate in both oral and written forms by presenting arguments and evidence clearly and concisely.
• The ability to engage in and understand moral reasoning with respect to economic issues by recognizing the implicit value conflicts present in all economic policy debates.
• The ability to engage in problem solving using basic economic theory.
• The ability to engage in critical thinking as a part of the analysis of economic problems.

Department Organized seminars/Workshop:

The Department of Economics have qualified and committed faculty with rich teaching and research experience. The Department has organised several lectures by inviting experts from different fields on a number of emerging issues. The department of economics organized workshops, national and international level seminars in the broad areas like,

1. International Seminar on “India’s Ascent to become global player (Aatma Nirbhar Bharat): Opportunities for Growth and Transformation”, on 3rd August, 2020.
2. Organized four days National Level “Workshop on Basic Statistics” from July 12 – July 15.
3. Organized One Week National Program on “Significance of Skill Development for University and College Students” from July 6 – July 11, 2020.
4. Organized National Level Webinar on “Pandemic and global economy a comparative analysis” on 13.05.2020.
5. Organized National Seminar on “Budgeting System in Federal Government: 2020-2021” on 12.03.2020.
6. Organized Two Day National Seminar on “Women Empowerment Through Inclusive Growth in Indian Economy” from 22.08.2014 to 23.08.2014.