About Economics

Department of Economics was established in the year 1964. Mahesh Das, MA was the founder faculty member of the departmentSri Durgeswar Das, MA, Late Krishna Gopal Das, MA, LLB and Sri Thanuram Dutta, MA join the department in later period. Late Krishna Gopal Das became the Principal of the College. Smti Mamoni Lekharu secured 1st Class 1st position in Economics major in BA final examination 1977. Many students from this department excel in various fields of life.

 

Eligibility for Admission : For Major course, minimum 45% in aggregate and 50% marks in Economics in HS Examination.

 

PSO (Program Specific Outcomes)

The subject ‘Economics’ has been represented as one of the most versatile subject in the field of humanities and social science. The syllabus and the paper of BA general and Major in Dibrugarh University has great potential for employment as well as human resource development.  There are few degree courses out there which draw in as many students as subject economics. There’s one very good reason for the subjects which largely deal with money. In job market students every year join one of our various economics programs, be it as a single degree or combined with another subject. The subject is interrelated with Bank, Financial Institution and different academic streams and also determine their course with a more academic and theoretical social science. The programme specific outcomes of economics can be summarized as follows.

1. The students of economics are able to know the basic concepts of micro and macro economic theories.

2. From the study of public economics, students will be in a position to know the budgetary concept, taxation, public expenditure, public debt and fiscal responsibilities of government with special reference to Indian economy.

3. The practical implication of economic theory as well as the analysis of data can be perceived by the students with the help of statistical and mathematical analysis.

4. The theory of economic development and various economic systems of different countries problems and experiences are depicted in the economic development issues in the national as well as state economy special reference to North Eastern Region in details can be achieved by the students.

5. The monetary transaction and operations system of various government and non-governmental financial institutions and monetary policies especially IMF, IBRD etc along with international commercial and financial relation among the countries are understand from the study of course.

6. The course includes ample scope to know about the environmental issues in the field of economics development and solve the problems.

 

Course Outcome (CO) 

PAPER 1.01 (MICROECONOMIC THEORY)

CO1    : To develop the understanding of some basic concepts of microeconomics,

CO2    : To enhance the economic reasoning of the learners and to analyse the behavioural patterns of different economic agents Like consumers and Producer behavior

CO3    : To deal with the advanced theoretical issues and their practical applications Like Theory of Firm,Theories of Distribution.

 

PAPER 2.01 (MACROECONOMICS)

CO1    : To acquaint the learners with the basic macroeconomic concepts and the theories of macroeconomics like Theory of Money, Theory of Employment and Income, Banking, International Trade and Balance of Payment Analysis.

 

PAPER 3.01 (Public Economics)

CO1    : To acquaint the learners with some basic concepts of public finance along with a reference to the Indian Economy.

 

PAPER 4.01 (Issues of Indian Economy)

CO1    : To acquaint the learners with the salient features of Indian economy.

CO2    : The learners will also be able to know the performance and problems of the primary, secondary and tertiary sectors of Indian Economy.

 

PAPER 5.01 (Elementary Statistics for economics) 

CO1    : To acquaint the learners with some statistical data collecting methods and basic statistical methods that can be applied in economics like methods of collection of data, measurement of Central tendency, Measurement of Dispersion, Index Number Interpolation methods.

 

PAPER 6.01 (Development Economics)

CO1    : To acquaint the learners with the measurement of development with the help of theories along with the conceptual issues of poverty and inequalities.

CO2    : The learners have to understand the problems from Indian perspective.

 

MAJOR COURSE

PAPER 1.01(MICROECONOMICS-I)

CO1    : To develop the understanding of some basic concepts of Microeconomics, to enhance the economic reasoning of the learners and to analyse the behavioural patterns of different economic agents, to provide

 

PAPER 2.01 (MACROECONOMICS)

CO1    : To impart the basics of macroeconomics;

CO2    : To analyze the theories of income and employment;

CO3    : To analyze the theories of consumption function and investment spending;

CO4    : To analyze the determination of interest rate and IS-LM model and

CO5   : To impart the ideas about open economy in the context of macroeconomics.

 

PAPER 3.01(MICROECONOMICS-II)

CO1    : To develop the understanding of some basic concepts of microeconomics,

CO2    : To enhance the economic reasoning of the learners and to analyze the behavioral patterns of different economic agents,

CO3    : To understand the decision making process in different market situations,

CO4    : To provide opportunity to the student to deal with the advanced theoretical issues and their practical applications

CO5    : To make them realize that good knowledge of microeconomics is very much important for understanding the modern economy functions.

 

PAPER 3.02 (STATISTICAL METHODS IN ECONOMICS)

CO1    : To acquaint the learners with some basic statistical methods that can be applied in economics like measures of central tendency, Elements of Probability, Sampling, correlation and simple Regression and Index Number.

 

PAPER 4.01 (MATHEMATICS FOR ECONOMICS)

CO1    : To acquaint the learners with some basic mathematical methods that can be applied in economics as Sets, Matrix Algebra, Differential Calculus, Integral Calculus and Difference and Differential Equations.

 

PAPER 4.02 (PUBLIC ECONOMICS – THEORETICAL ISSUES)

CO1    : To acquaint the learners with some basic theoretical concepts of public finance which will enable them to understand the practical issues.

 

PAPER 5.01 (DEVELOPMENT ECONOMICS WITH INDIAN PERSPECTIVE – I )

CO1    : To acquaint the learners with the measurement of development with the help of theories along with the conceptual issues of poverty and inequalities with Indian perspective.

 

PAPER 5.02 (PUBLIC ECONOMICS: POLICY ISSUES)

CO1    : To acquaint the learners with the fiscal policies designed for developed and developing economies with a special thrust to the federal system of India.

 

PAPER 5.03 (HISTORY OF ECONOMIC THOUGHT)

CO1    : To acquaint the learners with the historical developments in the economic thoughts propounded by different schools.

 

PAPER 5.04 (MONETARY THEORIES AND FINANCIAL MARKETS)

CO1    : To acquaint the learners with some basic concepts relating to monetary analysis and financial marketing with a reference to Indian financial markets, which will enable the learners to relate the conceptual issues to the real world situations.

 

PAPER 6.01 (DEVELOPMENT ECONOMICS WITH INDIAN PERSPECTIVE – II) 

CO1    : To acquaint the learners with the development issues of Indian economy. The course will also enable the learners to understand the development problems of the Northeast India.

 

PAPER 6.02 (ENVIRONMENTAL ECONOMICS)

CO1    : To acquaint the learners with the basic concepts of environmental economics along with the solution to the environmental problems.

 

PAPER 6.03 (INTERNATIONAL ECONOMICS)

CO1    : To acquaint the learners with both real and monetary sides of International Economics.

CO2    : To help the students grasp and retain the concepts and thereby to bring excitement of International Economics to the classroom,

CO3    : To know traditional to modern, theoretical to analytical developments in International Economics.

 

PAPER 6.04 (ECONOMIC ISSUES OF ASSAM)

CO1    : To acquaint the learners with the characteristics of the economy of Assam.

CO2    : The learners will also be able to know the performance and problems of the primary, secondary and tertiary sectors of Assam.

 

Result:

Year 1st Class 2nd Class
2017 3 8
2016 6 11
2015 2 8
2014 5 6

 

Faculty Member:

Dr. Sarat Hazarika

Prinicipal

Dr. Mohendra Hazarika

Associate Professor

Sri Ramesh Hazarika

Assistant Professor

Dr. Khirod Phukan

Assistant Professor