Department of Economics
Overview
Highlights
The main idea of the program is to develop general knowledge through core subjects as follows.
- Micro economics
- Macro economics
- Agricultural economics
- Mathematical economics
- Computer applications in economics
- Monetary economics
- International economics
- Fiscal economics
- Industrial economics
- Environmental economics
- Indian economic development and policies
- Entrepreneurship development
Department
Uniqueness of the Department
- Department is started in 2022.
- The main aim of the course is to make the students into standalone entrepreneurs.
- The department plan to conduct many inter-department, inter-collegiate programs to motivate students for future development.
- Our department plans to conduct a Guest lecture, National level seminar, and International Conference to provide academic exposure to the student community and faculty members.
Teaching methods adopted by the faculty and for different program
- Chalk & talk, LCD projector
- The department ensures that course objectives are constantly met with regular contact classes, Industrial visits, and Guest lectures.
- Learning outcomes measured through periodical tests and seminars and assignment submission etc.
BA PROGRAMME OUTCOMES
- PO 1. Stakeholders learn to apply ethical principles and become committed to professional ethics and responsibilities
- PO 2.Socio scientific approach through literature enables to move forward from local to Global.
- PO 3.Acquiring enhanced vocabulary makes them good communicator, civilians and patriotic.
- PO 4.Developing Knowledge, analytical skills and reasoning for problem solving and decision making.
- PO 5.Excellent academic performance
BA PROGRAMME OUTCOMES
- PO 1. Stakeholders learn to apply ethical principles and become committed to professional ethics and responsibilities
- PO 2.Socio scientific approach through literature enables to move forward from local to Global.
- PO 3.Acquiring enhanced vocabulary makes them good communicator, civilians and patriotic.
- PO 4.Developing Knowledge, analytical skills and reasoning for problem solving and decision making.
- PO 5.Excellent academic performance.
BA PROGRAMME SPECIFIC OUTCOMES
- PSO 1. Historic Knowledge will helps to understand the present scenario, makes them visionaries.
- PSO 2. Gains respect and identity in the society
- PSO 3. Understands the significance of critical thinking, social interactions, economic development and sustainability
- PSO 4.Decision making in social and economic aspects of life leads to become successful entrepreneur.
- PSO 5. Capable of progressing to post graduation or making career in various sectors like Banking, Industry etc.
COURSE OUTCOMES: B.A. – DEPARTMENT OF ECONOMICS
- I Sem: Micro Economics I
- CO1. To know the basic concepts and models of economics.
- CO2. Consumer’s behavior, demand analysis and demand forecasting
- CO3. Concepts of supply and its theory.
- II Sem: Micro Economics II
- CO1.Understand the concepts of cost and revenue analysis
- CO2. Know the market structure, price and output determination
- CO3. Learn the production function theory and equilibrium.
- III Sem: Monetary Economics and Banking
- CO1. Understand the concepts and functions of money, supply of money.
- CO2. Value of money and theory of money
- CO3. Know the tools of the construction of index number
- CO4. Concept of inflation, deflation and stagflation
- IV Sem: International Economics
- CO1. Understand theories of international trade
- CO2. Know the foreign exchange control, BOP and BOT.
- CO3. Learn the working of international organization such as WTO, IMF, IBRD etc.
- V Semester: Paper I: Macro Economics
- CO1. Understand the macro approaches to the economy
- CO2. learn Concepts, measurement and difficulties in calculation of National Income
- CO3. Understand the theory of employment, multiplier and acceleration
- CO4. know the theory of trade cycle in the economy
- V Semester: Paper II: Economics of Development
- CO1. Study the concept of economic development and growth
- CO2. Understand the various theories of economic development and growthacceleration
- CO3. Know the obstacle of economic development
- CO4. Provide the knowledge and measure the role of different sectors in Indian economy
- VI Semester: Paper I: Public Finance and Fiscal Policy
- CO 1. Learn the nature, scope and importance of public finance
- CO 2. Know the various theories of public finance
- CO 3. Understand the various types of theories of taxation and expenditure
- CO 4. Know the sources of revenue of the state and federal government
- CO 5. Understand the debt, fiscal deficit concepts and theory
- VI Semester: Paper II: Indian Economy
- CO 1. come out with the Knowledge of Indian economy
- CO 2. Study the structure of Indian economy, Agriculture, Industry and Demographic features
- CO 3. Study the poverty, unemployment problem and eradication measures
- CO 4. Study the Indian’s foreign trade policies and trade relations with world.
UG Course Offered
UG Course Offered
- BA Economics: 60 Seats and 3 Years
Eligibility
BA Economics eligibility criteria require students to complete class 12th board exams from a recognized board with a minimum of 50% overall marks or an equivalent CGPA. Admission to BA in Economics courses is merit-based and entrance-exam based.
Our Values
Our Vision
To cultivate analytical thinkers and visionary leaders equipped with a profound understanding of economic principles, fostering innovation and generating knowledge that drives sustainable development and transformative progress for society and industry. To be a center of excellence in economics education, fostering transformative learning experiences that prepare students to become innovative leaders, critical thinkers, and contributors of economic knowledge for the advancement of society and industry.
Our Mission
- To deliver a dynamic and inclusive curriculum that equips students with a deep understanding of economic theories, policies, and their applications.
- To nurture analytical and problem-solving skills to address complex economic challenges.
- To promote interdisciplinary research and innovation that generates new knowledge and supports sustainable development.
- To empower students with leadership and entrepreneurial abilities to make meaningful contributions to society and industry.