Department of Economics

The Department of Economics is as old as the college which was established in 1989. It is a three member department. The department has been catering to students in the Commerce stream along with the Humanities stream since 1989. The first head of the department was Dr. S. M.Patil. The department is currently headed by Dr. S. M.Patil. The department offers a full majors program in the final year to the cream of students enrolled in the BA program which enhances their theoretical and practical knowledge of the subject and equips them for further specialization in the field. It also increases their employability. The department has a record of a hundred percent passing at the University examinations for the Economics majors besides a majority passing with a first division.

 About the Department:

The Department of Economics caters to students of both the Commerce and Humanities streams. It offers a full majors program in the final year of BA only to the best. The syllabus taught by the faculty includes nine papers of Economics at the BA level and three papers of Business Economics at the B Com level. The department has also started catering to the MCom students from the current academic year.

 

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F.Y. B.A. ECONOMICS (PAPER -I) SEMESTER – I MICROECONOMICS

Course objective –

 This course is designed to introduce the students to elementary concepts in microeconomics. The student should be able to use these concepts to understand the relevance of microeconomics to the real world. The student should be able to build on these concepts in the future to develop deeper understanding of the Economy.

S.Y.B.A. SEMESTER III                         MICROECONOMICS –II

Course objective –

The Course is designed to develop the student’s understanding of  basic tools of

microeconomic analysis. It builds on the material covered in semester 1 and is

designed to help the student apply microeconomics to the real world.

 

Sem. V & Sem. VI        Program: B. A.     Course: Economics

MICROECONOMICS – III                                 PAPER – VII

Course objective –

The course is designed to provide sound understanding in microeconomic theory. Since students have been taught perfect competition, this course focuses on three aspects, which are the study of imperfect competition, general equilibrium and welfare economics.

ECONOMICS OF DEVELOPMENT                                   PAPER VIII

Course objective –

This course is designed to inculcate diverse concepts related to economic growth and development by giving special emphasis on structural issues related to the process of development. In order to create awareness on policy options, the pressing problems on the path of development such as inequality, poverty and technological aspects are dealt in.

 

FINANCIAL ECONOMICS   PAPER IX

Course objective –

The course introduces students to the economics of Finance. It aims at imparting knowledge about the basic models of investment and portfolio analysis, including the CAPM. The valuation of assets, derivatives and options is to be studied in addition to patterns of corporate financing.

ECONOMICS OF AGRICULTURE AND COOPERATION : PAPER IX

Course objective –

This paper provides an overview of the role of agriculture in the economic development of the country and the salient features associated to agricultural productivity and agricultural labour. The pertinent aspects related to agricultural credit, agricultural marketing as well as the global problems existing in the marketing are dealt in. Students can acquire understanding about the features of agricultural policy and the agrarian crisis as well as the problems and challenges in the field of agriculture and cooperation.

INDUSTIRAL AND LABOUR CONOMICS : PAPER IX

Course objective –

There has been a paradigm shift in the structure of the Indian industrial sector and the policies governing it ever since the new era of globalization and liberalization has ushered in. This paper intends to equip the students with the knowledge about the fundamentals of Industrial Economics and also the changing policies related to the Indian industry in the globalized era.

MATHEMATICAL AND STATISTICAL TECHNIQUES FOR ECONOMIC

ANALYSIS : PAPER X

Course objective –

A plethora of data has emerged at an exponential rate and it is the description, interpretation and understanding of these data and drawing of accurate conclusions that is imperative for a student of Economics. The aim of this paper is to provide students with the mathematical and statistical skills and understanding needed for ‘knowing why’ and ‘when’ to apply these techniques.

RESEARCH METHODOLOGY : PAPER X

Course objective –

This paper is designed with the view to introduce the concepts, principles and methods of economic research based on qualitative and quantitative data. The course will enable the students to get an insight into the applications of modern analytical tools and techniques related economic decision making. The student gets an opportunity to learn how to collect and analyze primary and secondary data. Practical sessions will strengthen the knowledge related to computer applications to research analysis.

ECONOMIC HISTORY OF INDIA: 1857-1947 : PAPER X

Course objective –

This course analyses key aspects of Indian economic development during the second half of British colonial rule. It investigates the place of the Indian economy in the wider colonial context, and the mechanisms that linked economic development in India to the colonial rule.

MACROECONOMICS III: PAPER XIII

Course objective –

This course introduces the students to formal modeling of a macroeconomic theory with analytical tools. It focuses on goods market with fixed exchange rate, the money market, uncovered interest rate parity and the benefits and costs of fixed and flexible exchange rates

INTERNATIONAL ECONOMICS: PAPER XIV

Course objective –

This course develops a systematic exposition of models which explain the composition, direction, and consequences of international trade, and the determinants and effects of trade policy. It then builds on the models of open economy macroeconomics focusing on national policies as well as international monetary systems. It concludes with an analytical account of the causes and consequences of the rapid expansion of international financial flows in recent years.

 

INDUSTIRAL AND LABOUR             ECONOMICS :PAPER XV

Course objective –

Issues pertaining to the labour market, wage policy, trade unions and amicable

solutions to industrial disputes have become vital for developing countries, especially for India, where the bulk of the labour force is employed in the unorganised sector, and the organized sector is witnessing a phenomenon of ‘jobless’ growth. This paper intends to provide knowledge of the same and also discusses the importance of  labour welfare and social security measures for the growing labour force in India.

 

RESEARCH METHODOLOGY  :PAPER XVI

Course objective –

This paper is designed with a goal to strengthen the critical thinking and listening

skills in conducting economic research and to device research outcomes in an

impeccable way. The entire course

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