The undergraduate courses in economics are structured to contribute to the student’s liberal education with a multitude of combinations. The programme imparts analytical skills and intellectual maturity to comprehend the complexities in the working of the economy. The course provides a sound theoretical basis in economic theory supplemented by practical applications of theories.
The Three -year full-time program in Economics is designed to meet the growing need for an analytical and quantitative approach to problem solving in the changing corporate world by the application of the latest techniques evolved in the fields of Economics. A student who has successfully completed the major in Economics will be able to comprehend the fundamental concepts and theoretical principles of the discipline and will have a first-hand experience of how an economic system operates in practice. They will learn to apply the analytical and theoretical framework of economics in the investigation of societal problems by exhibiting a comprehension of the economic decision making process and its underlying rationale. The students will develop an adaptable and flexible approach and the ability to initiate and respond positively and appropriately to change. They will be able to apply the mathematical and quantitative tools of analysis for both problem solving and analytical purposes. The programme will prepare the students for a career in economic analysis and related fields and develop their capability to contribute to society at large. They will appreciate the role of economics in dealing with social problems traditionally examined by other social science disciplines. The diversity and the spread of the course will ensure that the students receive sufficient experience of the current issues and crises of the world especially that of the emerging economies.
The department provides the facilities like:
Well stocked Library
Collaboration and communication between industry and academic establishments which facilitate the subsequent steps in placing young and talented student all around the country.
Visits of eminent dignitaries and academia from time to time at campus
Digitally equipped lecture Halls
Wi-Fi enabled infrastructure etc.
The career prospects for economics graduates are many. Numerous fields are waiting for economic graduates both in the public as well as the private sectors. In the government sector, one may try for Indian Economic Services, jobs in Reserve Bank of India, PSUs and other public sector banks. All these jobs have wonderful career options. These jobs give social prestige along with financial stability. Private sectors also offer jobs for economic graduates in the fields like Private Banks, MNCs, BPOs, and KPOs. A student can pursue a career in the fields Banking, Economist, Investments, Foreign Trade Practice & Procedures, Economic Analyst, Education and Research.
The specific learning outcomes include the ability of the students to apply advanced microeconomic and macroeconomic theories to explain the behavior of individuals, businesses, and industries in market-based systems and the challenges of developing economies. Graduates will be able to explain the role of government in the economy, including taxing, spending, regulating and producing. Students will be familiar with competing economic paradigms and the historical development of the discipline. Students will be able to conduct analyses of current issues in the economy using graphical and mathematical models, equations, graphs, databases software and statistical tools. Graduate will learn how markets organize core economic activities, such as production, distribution, and consumption, and the growth of productive resources. Students will be able to learn about the determinants of macroeconomic conditions (national output, employment, and inflation), causes of business cycles, and interactions of monetary and fiscal policy. Students will understand the origins and implications of processes of international economic integration and differentiation, the basic features of the international financial and monetary systems, and their implications for national economic policy. They will be able to develop the analytical and empirical skills necessary to succeed in their chosen career path.