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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 Associate professor and has also cleared UGC-SLET. Both the faculty members are holding Ph.D. Degrees. The Head of department is recognized research guide by Dr. Babasaheb Ambedkar Marathwada University Aurangabad. Shivaji college funded one minor project were undertaken 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 Paper ECO-CC-1E Public Finance

On completion of the course students will be able to Understand the sources of Finance, role of the government in the economy, public borrowing, public expenditures, Taxation.

B.A.II Year Paper ECO-SEC-1A Financial Institution and Market

On completion of the course students would be able to understand knowledge of modern financial system, the recent trends and development in banking system, Role of RBI, knowledge of financial and non-financial institutions.

B.A.II Year Paper ECO-CC-1F Indian Economy

On completion of the course students would be able to understand the ideas of basic characteristics of Indian economy, potential of natural resources, nature of poverty, unemployment, major problem of economy and solution, Nature and objective of Niti Aayog, population growth and economy.

B.A.II Year Paper ECO -SEC- 1B Data Collection and Analysis

On completion of this course students would be able to explain key research concepts and issues. This course will be able to read comprehend and explain research in their academic discipline.

B.A.III Year Paper DSE-A1 International economics

Identify the basic difference between domestic and international trade.

Understand the various international trade theories.

Understand the concepts of tariffs and quotas.

Understand the importance of maintaining equilibrium in the Balance of payments.

B.A.III Year Paper SEC-1C Indian Stock Market

Know the functioning of Indian Stock Market.

Understand the structure and functions of Indian Stock Market.

Understand the SEBI and its Functions.

Knowledge about futures and option trading.  

B.A.III Year Paper GE-1 Introduction to Elementary Economics

Students aware about the Concepts of Micro Economics.

Understood the Concepts of Macro Economics.

Students aware about the knowledge of Indian Economy.

Students got the information regarding Money and Banking.  

B.A.III Year Paper DSE-B2 Industrial Economics

Understood the importance of Industries in economic development of Economy.

Students aware about the theories of industrial location.

Students understood types of industries.

Students aware about the industrial policy after 1991.

B.A.III Year Paper SEC-1D Insurance Market and its Products

Students understand the meaning, nature and importance insurance.

The course enables Functions of Insurance Companies and their agents.

Students are able to evaluate the Indian Insurance framework.

Students are able to understand the legal aspects of Insurance

B.A.III Year Paper GE-2 Indian Economy

The course equips students to understanding the Structure of Indian Economy & Its problems.

Students enable to analyze income & Inflation.

Students sensitized to the various issues faced by Indian Agricultural and Industrial Sectors.

Students are able to evaluate the role of International Institutions and Organisations


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