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ECONOMICS

About Department

    Department of Economics is one of the active departments in the college. It started functioning in the year 1972. The sanctioned staff strength of the department is one full time and one part time.   The Head of the department is Professor and has also cleared UGC-SLET and Ph.D. Degree. The Head of department is recognized research guide by Dr. Babasaheb Ambedkar Marathwada University Chhatrapati Sambhajinagar. Shivaji college funded one minor project were completed in the department. The faculty member frequently publishes research articles/papers in national and international Journals and chapter in books. The faculty member present papers in conferences and seminars at state and national levels. As part of student development, ‘Arthsanwad Wallpaper’, Students seminar, Group discussions, Research Project, Online Quiz competition and Manuscripts are organized by the department.

 

                                                    Objectives

  • To promote the students for study of economics.
  • To make their basic clear. 
  • To give factual knowledge of economics.
  • To develop interest in the study of economics.
  • To provide facility for self-expression by giving additional aids: such as manuscript, economics research survey, wallpaper, statistics, diagrams and seminar.
  • To empower rural students through economics.
  • To develop logical thinking on recent trends in economics.
  • To prepare the students to take-up undergraduate degree.

                                                    

VISION

Provide education in economics for the rural students to empower them enhance the employability.

                                                                 MISSION

  • Improving the performance of the students.
  • Making the subject more attractive and interesting.
  • Provide theoretical and applied knowledge of economics for inclusive growth.

Importance of the subject

    Economics is the study of how to use scarce resources to produce commodities and describes the production, distribution and consumption of good and services. The economic analysis helps in use scarce resources in more efficient. In the developing countries, there are a lot of wastage of resources which is the main cause of their poverty. The economic analysis enables them to make the optimum use of their resources. Developing countries are facing many problems like unemployment, over population, low-per-capita income, low production. Economics is very useful in solving these problems. It helps in eradicating the poverty from the country.


Program Outcomes, Program Specific Outcomes and Course outcomes B.A. Economics

Department of Economics

After successful completion of three-year degree program in economics a student should be able to

Programme Outcomes

PO1: The students will get trained to collect primary data and presentation skills.

PO2: The program also empowers the graduates to understand various competitive examinations or choose the post graduate programme of their choice.

PO3: The students will get knowledge with human values framing the base to deal with various problems in life with courage and humanity.

PO4: The students will get an understanding of basic economic theory.

PO5: The students will get an introduction to economic issues and problems facing the country.

Programme Specific Outcomes

 

PSO1: Students will be able to explain the basic and core terms, concepts and theories in Economics.

PSO2: Students will be able to Use the acquired knowledge and skills in taking up higher studies.

PSO3: Students will able to apply economic reasoning to solve the problems of the economy.

PSO4: Students will able to evaluate substantive knowledge of core areas in Economics and the ability to think critically about them.

PSO5: Students will able to analyze history of the discipline of Economics.

 

 

 

Course

Course outcomes: B.A. Economics

 

After completion of the course, students will be able to -

B.A.I Year NEP DSC-1 Micro Economics

i)Students will be able to analyze about meaning, nature, scope, significance and limitations of micro economics.

ii)Students will be able to analyze demand and supply analysis.

iii)Students will be able to understand the consumer behavior.

iv)Students will be able to develop strong conceptual knowledge of the subject.

v)Students will be able to examine welfare economics

B.A.I Year NEP GE/OE-1 Indian Banking System

i)Students will be able to describe NABARD.

ii)Students will be able to understand Indian banking structure.

iii)Students will be able to analyze functions of commercial banks.

iv)Students will be able to analyze functions of Co-operative banks.

v)Students will be able to examine role of banking in development.

B.A.I Year NEP SEC-1 Data Collection

i)Students will be able to analyze primary data collection methods.

ii)Students will be able to describe secondary data collection methods.

iii)Students will be able to examine questionnaires and schedule.

iv)Students will be able to differentiate between primary and secondary data.

v)Students will be able to practical skills related to data collection.

B.A.I Year NEP DSC-4 Price Theory

i)Students will be able to analyze theory of production.

ii)Students will be able to compare costs and revenue.

iii)Students will be able to examine market.

iv)Students will be able to describe various concepts in production and costs.

v)Students will be able to analyze selling cost.

B.A.I Year NEP GE/OE-2 Reserve Bank of India and Monetary Policy

i)Students will be able to analyze about money measures.

ii)Students will be able to understand the function of RBI.

iii)Students will be able to examine monetary policy.

iv)Students will be able to describe methods of credit control.

v)Students will be able to describe current monetary policy.

B.A.I Year NEP VSC-1 Modern Banking Techniques

i)Students will be able to describe the need and importance of technology in banking.

ii)Students will be able to understand E- Banking and Digital Payments.

iii)Students will be able to examine cyber security.

iv)Students will be able to understand security measures.

v)Students will be able to practical skills.

B.A.II Year

DSC-7

Macro Economics

1. Get knowledge of concepts of macroeconomics

2. Get information about the various concepts of national income

3. Understand the Classical Approach and Keynesian views on  production and employment Theory

4. Understand the consumption and investment functions

B.A.II Year

DSC-8

International Economics

i. Students will be able to analyze the meaning, scope and importance of international economics.

ii. Students will be able to identify the basic differences between domestic and international trade.

iii. Students will be able to understand the various international trade theories.

iv. Students will be able to examine the concepts of tariffs and quotas. 

B.A.II Year

M-1

Economy of Maharashtra

i. Students are able to understand the nature of the economy of Maharashtra.

ii. Students understand the major challenges of Maharashtra’s economy. 

iii. Students are able to understand the recent developments in the economy of Maharashtra.

iv. After completing the course, the students are able to appear for various competitive examinations.

B.A.II Year

M-2 Development Economics

i.  Students are able to understand the concepts and indicators of economic development. 

ii. Students are able to understand the theories of Economic Development.

iii. Students are able to understand the economic development process.

iv. Students understand the role and importance of Startup India in economic development.

B.A.II Year

GE/OE-3

Goods and Services  Tax

i.    Student got the knowledge about Indirect Tax, Constitutional back ground about GST

ii.   Student got the knowledge about objectives and benefits of GST

iii. Student understood the types of GST

B.A.II Year

VSC-2 Farmer Producer Organizations

i.  Student Understood the FPOs Structure and Functioning.

ii.  Develop an  understanding of market  linkages and  government support for FPOs

iii. Student aware about value chains through FPOs.

B.A.II Year

DSC-9

Public Finance

i. Student will be able to analyze about Meaning and Scope of public finance

ii. Student will be able to identify Sources of Public Revenue.

iii. Student will be able to understood concept of Public Expenditure &   Public Debt

iv. Student will be able to examining the structure of Union Budget.

B.A.II Year

DSC-10

Money and Financial Markets

i.   Students will be able to explain the role and functions of money, paper currency, and different note issue methods.

ii.  Students will be understand of the operations of money and capital markets and their significance in the Indian economy.

iii. Students will be understood the functions of RBI and the application of monetary policy tools.

B.A.II Year

M-3

Indian Economic Reforms

i.   Students will be able to understand about economic reforms

ii.  Students will be aware about LPG.

iii. Students will be understood about the impact of economic reforms.

B.A.II Year

M-4

Principles and  Practice of Co-operation

  1. Students will define the core principles of cooperation and their global relevance.
  2. Students will understand the cooperative credit system and the roles of various cooperative banks.
  3. Students will assess the role of different types of cooperatives in economic development.
  4. Students will evaluate challenges faced by cooperatives and suggest solutions for improvement.

B.A.II Year

GE/OE-4

Environmental Economics

i.   Students understood the concept of environmental economics.

ii.  Students understood the relation between various sectors.

iii. Student got the knowledge about environmental issues.

B.A.II Year

SEC-2

Introduction of Indian Stock Market

i. Know the functioning of Indian Stock Market.

ii. Understand the Investment of the Indian Stock Market.

iii. Understand the SEBI Power & Functions.

iv. Understands the benefits of Mutual Funds & SIP

B.A.III Year

DSC-11 Agricultural Economics

     i.         Students will be able to understand the role and importance of Agriculture in economic development.

   ii.


Notices

Faculty Members

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DR. GORDE SUNIL ANNA

Email: gordesa@shivajicollegekannad.org
Designation: Head and Professor
Contact: 9860714744

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MOGRE SOMESHWAR TUKARAM

Email: someshmogre@gmail.com
Designation: Assistant Professor
Contact: 9595357548

Laboratory Staff