Economics

Department of Economics

After successful completion of three year degree program in B.A. a student should be able to;

Programme Outcomes

Student seeking admission for B.A. programme are expected to imbue with following quality which help them in their future life to achieve the expected goals.

a. Realization of human values.

 b. Sense of social service.

 c. Responsible and dutiful citizen.

d. Critical temper

e. Creative ability.

Programme Specific Outcomes

PSO-1. Understanding how different degrees of competition in a market affect pricing and output.

PSO-2. Understanding the efficiency and equity implications of market interference, including government policy.

PSO-3. Developing research knowledge in economics.

PSO-4. Developing the knowledge about theories of economic growth & Development and issues of economic planning.

PSO-5. Creating awareness about changing macro-economic policies and theories.

COURSE

OUTCOMES

PAPER- I (MICRO ECONOMICS)

CO-1. Knowing the decision making of consumer.

CO-2. Identifying the nature of revenue and cost of production.

CO-3. Comprehending the demand function and production function.

CO-4. Realizing various production theories

CO-5. Awareness of different markets structure.

CO-6.  Understanding pricing in different markets.

CO-7. Judging the factor pricing.

PAPER- II(INDIAN ECONOMY)

CO-1. Understanding characteristics, features, structural changes in Indian Economy.

CO-2. Comprehension of the nature and impact of New Economic Reforms on the Indian Economy.

CO-3. Knowing the problems of unemployment, poverty, rising economic and social inequality and problems of regional imbalances in India.

CO-4. Evaluating the changing role of agriculture, industrial and service sector and foreign sector in Indian Economy.

CO-5. Measuring the problems and prospects of cottage and small scale industries, and industrial sicknesses.

COURSE

OUTCOMES

PAPER- I (MACRO ECONOMICS)

CO-1. Identifying the basic concepts and theories of Macro economics.

CO-2. Awareness about changing macro economics policies and theories.

CO-3. Judging the role of fiscal policy and monetary policy in a Developing economy

CO-4. Realizing the law of markets, consumption function and investment function.

CO-5. Study the function and objective of IMF, WTO, WORLD BANK etc.

CO-6. To Understand the International trade and its policy.

CO-7. To understand the say’s law , Hawtrey’s monetary theory, Schumpeter’s theory of innovation.

PAPER- II (MONEY, BANKING AND PUBLIC FINANCE)

CO-1. Understanding the meaning, function and role of commercial banking.

CO-2. To understand the quantity theory of money cash transaction and cash balance approaches .

CO-3. Study the concept of demonetization.

CO-4. Knowing the structure, function and role of RBI in economic development.

CO-5. Understanding the role and types of development banks and Non banking financial intermediaries.

CO-6. Study the sources of public revenue .

CO-7. Major trends in tax revenue of the Central and State Government in India.

COURSE

OUTCOMES

PAPER- I (DEVELOPMENT AND ENVIROMENTAL ECONOMICS)

As environmental problems are the burning issues of present day, the study of environmental economics helps them to know the methods of controlling environment pollution and thereby to achieve sustainable development.

PAPER- II (STATISTICAL METHODS)

CO-1. Calculate and interpret the correlation between two variables.

CO-2. Calculate the simple linear regression equation for a set of data.

CO-3. Know the association between the attributes

CO-4. Employee the principles of linear regression and correlation, including least square method, predicting a particular value of Y for a given value of X and significance of the correlation coefficient.

CO-5. Know the association between the attributes.