Department of Economics

This department takes Economics Honours and Pass Classes for the Degree students. This department is always found busy dealing with the practicalities of life: money and its medium of transaction.

Studying Economics in college is a great way to understand how societies allocate resources, make decisions, and address issues like inflation, unemployment, and economic growth. Here are some key areas you might explore:

• Microeconomics: Analyzing the behavior of individuals and firms, and how they make decisions regarding resource allocation.
• Macroeconomics: Studying the economy as a whole, including topics like GDP, inflation, unemployment, and fiscal and monetary policies.
• International Economics: Exploring trade between countries, exchange rates, and the impact of globalization on economies.
• Development Economics: Examining the economic development of countries, focusing on issues like poverty, inequality, and sustainable growth.
• Behavioral Economics: Investigating how psychological factors influence economic decision-making.
• Econometrics: Using statistical methods to analyze economic data and test hypotheses.