Course Outcomes - Economics

ECONOMICS
PS 01: Students are able to get knowledge of micro level problems and forecast the future course of changes through knowledge of policies and programs being run by the Government.
PS 02: Develop skills to find a solution to the problems like mobilization and utilize scarce resources available in the country.
PS 03: To gain knowledge regarding public finance, international trade and various international institutions working for international development.
PS 04: To visualize the practical problems related with the economy and able to make and understand policies to solve these real world problems.
PS 05: Develop skills for self-employment, to improve economic standard of living of the masses.

Course Outcomes: ECONOMICS
 
S.no Class Subject Semester Paper Course outcomes
1 B.A Economics I Micro Economics At the end of first semester, students are able to identify the theories and principles of microeconomics including consumer’s behaviour, producer’s behaviour, price theory, market structure and factor distribution. Moreover, they can apply those principles to analyse real world economic issues.    Conclusively, the subject microeconomics enables students to understand how resources are produced and consumed by individuals and businesses.
2   Economics II Macro Economics Macroeconomics helps students to differentiate between micro economics and macroeconomics concepts.· At the end of the semester, students are able to understand and utilize the study the functioning of aggregate measure of economic activity, macroeconomic equilibrium, money and financial institutions, monetary and fiscal policies, inflation and trade cycles
3   Economics III Public Finance and International Economics This paper gives knowledge to the students regarding the basics of public finance and international trade.· The first two units basically related with public finance related with public expenditure and public revenue. Next two units are concerned with basic theories of international trade and commercial policies, balance of payments and determination of foreign exchange rates.
4   Economics IV Quantitative Methods Quantitative methods are widely used in studies of several problems of research related with human life. The paper is classified between maths and statistics.Students learn different types of averages and dispersion. Analysis of time series depicts past behaviour and future trends of problem under study.·         Index numbers are constructed to understand the changing pattern of prices of different goods and estimate purchasing power, changing value of money etc.
5   Economics V Development Economics  This paper is basically related with growth and development. Various development theories such as lewis model, Nurksey’s theisis and Harrod Domar models have been discussed in detail.
6   Economics VI Indian Economy This paper gives basic knowledge to the students regarding features and characteristics of the Indian Economy. It also includes performance and problems of industrial development, Indian tax structure, external trade and balance of payments, and objectives, strategy and performance of Indian planning. The course aims to develop analytical understanding of the students by the exposing them to basic problems related with Indian Economy.
7   Economics Hons III Economics of Agriculture This paper gives additional knowledge to the Honours students regarding agriculture economics, land reforms, Green revolution, rural credit and agricultural marketing with reference to India.
8   Economics Hons IV Industrial Economics This paper gives specialization regarding industrial economics and industrial policies with reference to India. 
9   Economics
Hons
V Money & Banking This paper constitutes important components towards understanding economics. A clear understanding of the operations of money and banking and interaction with rest of the economy.
10   Economics
Hons
VI Public Finance This paper makes aware students about the role and function of Government in an economy with the passage of time. Students come to know about public revenue and public expenditure. Students became aware of fiscal policies and budgetary policies. 
  Attainment: Students after completing graduation in Economics can go for PG in Economics, can go for teaching in economics and   also compete for various competition exams such as IES, IRS, IAS, CAT, MAT and various Banking exams. Several students of the department are already teaching in reputed schools and colleges.

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