Department of
Economics

Vision

To nurture our students' ability to think critically and develop independent analytical skills, empowering them to lead lives of responsibility, leadership, and service.

Mission

To collaboratively achieve our vision through innovative learning experiences, impactful research, and active community engagement.

History & Academic Scope

The Department of Economics began its academic journey in 1972, establishing a strong foundation in the social sciences. We currently offer two robust undergraduate combinations designed to provide a comprehensive understanding of human society and economic structures:

• HEP: History, Economics, Political Science
• HES: History, Economics, Sociology

Department Objectives

1. Problem Solving: To acquaint students with contemporary economic problems and equip them with the analytical tools to devise appropriate solutions for socio-economic progress.
2. Active Engagement: To encourage active student participation in the vital task of economic reconstruction and development.

Course Outcomes: B.A. Economics

I Year: Core Economic Principles

• Semester I (Microeconomics):
  
  • Acquire foundational knowledge of the principles and theories of Microeconomics.
  • Understand fundamental economic concepts, such as the laws of demand and supply, building a strong base for deeper study.
• Semester II (Macroeconomics):
  
  • Apply the basic principles of Macroeconomics to real-world scenarios.
  • Develop analytical reasoning and presentation skills.
  • Gain enlightenment on the ever-changing economic situations both within the country and globally.

II Year: Financial Systems & Public Sector

• Semester III (Monetary Economics):
  
  • Understand the evolution and progression of monetary economics from primitive societies to the modern era.
  • Comprehend the critical roles and responsibilities of the banking industry and other financial sectors.
• Semester IV (Public Economics):
  
  • Understand the basics of Public Economics and its immense importance to the modern world.
  • Elucidate the roles, functions, and mechanisms of taxation, public expenditure, and public debt.

III Year: National, State, & Global Economies

• Semester V:
  
  • Indian Economy: Grasp the "wide picture" of the Indian Economy, acquiring foundational knowledge of its unique structures, challenges, and ongoing problems.
  • Development Economics: Understand domestic and international policies pertaining to economic growth, mastering modern concepts and developmental policies.
• Semester VI:
  
  • Karnataka Economy: Understand the specific economic structure of Karnataka, comprehending the leading issues and driving forces in the state's economic development.
  • International Economics: Equip students with the tools to tackle real-world issues in the age of globalization and financial integration. Understand the multi-faceted international trade policies that play crucial roles in the economies of developed, developing, and under-developed nations.