Year of Establishment: 1990

Mission:

The mission of Department of Economics is to achieve excellence in the teaching of graduate students, the generation of new knowledge through research and scholarship, and the provision of service to the university, local region state nation and international communities.

Goal

To provide excellent education in the basics of Economics to our graduates.

Objectives:

• Introduced the students to the basic principles of microeconomic theory.
• To introduce the student’s behavior of consumer, producer in Economy, Price determination in market and also factor pricing.
• How to microeconomic concepts can be applied to analyze real life situations.
• Introduced the students to the basic principles of micro
• To introduce the student’s behavior of consumer, producer in Economy, Price determination in market and also factor pricing.
• How to micro-economic concepts can be applied to analyze real life situations.

Preface:

Along with the Science & Technology, Literature and Languages, there is a need of economics as well, which supports and satisfy the needs of all other branches of academics. Not only ECO, but studied of economics is helping in policy formulation for betterment of the society. In changing and dynamic environment it became indispensible to understand and study the effect of globalization on the social system and the foreseeable challenges arising from the social, political, cultural and economic conditions. Economics not only create awareness among the generation about rising problems in society, of society and for society but also provide the solution to the problems. The department of Economics was established in 1990.

Courses and Syllabus

• Y.B.A. – Economics of Maharashtra since reform era I and II
• Y.B.A. Indian Economy Part I 1980
• Y.B.A. Indian Economy Part II 1980

Programmes/Courses Offered

• UG (B.A. Economics General)

Courses and Syllabus Details

 Number of Teaching Posts

 Profile of Teachers

Teaching Workload (2018-19)

 Distribution of Workload

 Student of Economy (2014-15 to 2019-20)

 Student of Economics- Graph (2015-16 to 2019-20)

Department Time-Table

Student Teacher Ration

Department Result (Final Year)

Department Result (Final Year) in Graphical Form

Student Enrichment Programmes / Activities

1. Classroom seminars, Group Discussions, Speech Presentation
2. Guest lecturers for UG
3. Cultural Programs- Teacher’s Day, Sari Day,
4. World Population Day.
5. Cashless Economy
6. Consumer Day
7. GST and Budget
8. Skill Development and employability skills

Data Verification and validation:

Teaching Methods Adopted

1. Lecture Methods
2. Use of ICT- Power Point Presentations
3. Test &Tutorial for internal evaluation
4. Seminars
5. Practical / Project and Field Visits
6. Class / home assignment
7. Feedback collection on Syllabi, Faculty, Dept. and Institute

Learning Resources / Facilities in the Department:

• Offline Encyclopedia, LAN, Internet for Online Teaching.
• Internet Access: 21 Computers. Also in Computer Lab and Library (20 Computers)

Library Resources Available for Dept. of Economics:

• No. of Library Books : 172 No. of Journals/Periodicals: 00
• No of CDs/DVDs : 00 No. of e-resources: 232

Collaboration with other Institution

• A Memorandum of Understanding (MoU) has been formed with the Saptshrungi multipurpose Institute for women Walwadi Dhule (MS) from the year 2017-18.

Research Publications/Presentations by Faculty Members

Faculty Members on Professional Bodies and Their Contribution

Prof. Manisha Vasudeo Chaudhari

• Head, Dept. of Economics (Last 23 years up to till Now)
• Worked as Member for College Unit in NAAC Re-Accreditation Process which obtained “A” Grade in March 2015.
• Published over 16 research papers and contributed through National and International Level Journals.
• Member Marathi Economics Council Life Member

SWOC Analysis of the Department: Economics :

Strength

• Department organizes several student centered curricular, co-curricular, extra-curricular and extension activities for their professional grooming.
• Big contribution of students in College Gatherings, NSS activities, College magazine contribution, etc.
• Good number of books in College library.
• Fully qualified faculty for UG and PG

Weakness:

• Less of students’ participation from rural area in dept. events due to time limits.
• Need of more teaching faculty in proportion students’ enrollment.
• Women’s College, hence limitations to stay on campus for long time.
• Lack of separate ICT class for organizing lectures and events.

Opportunity:

• Chances to develop a training and placement center or finishing school to increase rate of employment.

Challenges:

• Rural intake of students fails to respond dept. activities.
• Increase in drop outs at final year degree since marriage becomes a hurdle.
• Need of increase in ICT for all classes

Future Plans of the Department:

• To concentrate upon introducing more skill development courses
• To start departmental library and increase e-access to several resources
• To get associated/ clubbed with national/ international universities/ agencies
• To increase students’ participation at institutional and social responsibilities
• To enable students, strengthen their placement competency.
• To help tribal and rural students avail more job opportunities.