Departments

Departments - ECONOMICS - Course Outcomes

               Department of Economics

                         Course Outcomes 

SEMESTER IS- MICRO ECONOMICS 

​​CO1. To understand how market works, identify the various determinants of firms demand for factor services, Monopoly and Oligopoly in the factor market equilibrium.

CO2. To introduce the students to the basic micro economic concepts like demand, supply Production, cost and revenue and the theories explaining their determination.

CO3. To enable the students to apply the theories in analysing real world micro issues.

CO4. Understand how different degrees of competition in a market affect pricing and output..

SEMESTER II- MACRO ECONOMICS

CO1. This paper gives and insight to the students about the basic concepts used in Macro Economics policy alternatives.

CO2. To enable the students to understand the theoretical framework and the working of an economy as a whole.

CO3. To suggest the policy alternatives used in controlling the economy.

CO4. Creating awareness about changing macro -economic policies and theories.

SEMESTER II- STATISTICS FOR ECONOMICS

CO1. The objective of this course is to enquire the students with primary concepts of Statistics, and mathematical tools for analysing economic problem.

CO2. This course enables the students to describe the concepts of measures of Central tendency, Calculation and apply of Mean, Median, Mode , Geometric mean, Standard deviation and Coefficient of variance.

CO3. This course will help the students to understand the issues regarding types and methods of data.

CO4. This course enables the students to explain the contents of Correlation.

CO5. This course describes the meaning and uses of Index Numbers, Aspects and Difficulties in the constitution of Index Numbers.

CO6. This course enables the students to understand the meaning and uses of Time Series analysis, components of time series analysis, and methods of measurements of secular trend.

SEMESTER IV- INDIA ECONOMY

CO1. To enable the students to have an understanding of the various issues of the Indian Economy.

CO2. To enable the students to comprehend and critical ly appraise current issues and problems of Indian Economy.

CO3. The focus of this course is on the department of Indian Economy since Independence.

CO4. To understand the importance of planning undertaken by the Government of India.

CO5. Developing the skill of data collection & use of sampling techniques in research.

SEMESTER V- PUBLIC ECONOMICS

CO1. This course will help to the students to learn the nature, scope, and importance of Public Finance.

CO2. This course enables the students to understand the importance of public expenditure and understand the various theories of taxation and expenditure.

CO3. This course is designed to understand the taxation and public debt. Students will know about the different approaches to paying of taxes, elasticity and buoyogancy of taxation.

CO4. This course will enables the students to understand the importance of fiscal policy and federal Finance.

CO5. This course also enables the students to explains the budgets and fiscal crisis and fiscal sector reforms in India.

SEMESTER VI- DEVELOPMENTAL  ECONOMICS 

CO1. This course enables the students to understand the importance of economic growth and development.

CO2. This course also helps to know the factors effecting economic development and characteristics of the developing countries.

CO3. This course familiarise the students with the concepts of Investment critiria, choice of techniques and role of technology in Economic Development.

CO4. This course also helps to students to study the different theories of economic growth and development.

CO5. This course enables the students to understand the financing economic development resources,FDI, Techical inflows, MNS , IMF and World Bank.