Introduction:

The Department of Economics is one of the most active departments in the college. It was established with inception of the college in 2001. The department offers Economics Subject to the Arts faculty students of B. A. Part – I, II & III, (Semester – I, II, III, IV, V & VI). It follows curriculum as prescribed by R.T.M. Nagpur University Nagpur. There are one teacher.The syllabus of this subject is based on Classify the Concept of Micro Economics and Macro Economics, Describe Law of Demand-Supply and its applications in the different sectors, Identify Marginal Utility Approach, Laws of Return of scale, Cost Concept, Revenue Concept and Concept   of Economic Welfare, Analysis the statistics, Classify the Markets, Theory of Pricing, Employment Theory and Quantity, Theory of Money, Analysis the Law of Consumption, Saving and Investment Analysis, Describe Business Cycle, Describe Banking System, Finance and Taxation, Describe International Trade, Analysis the Structure of Indian Economy, Summaries Agriculture and Industrial Sector, Poverty and  Unemployment Problems, Economical Variants of Environment and Sustainability etc.

The teacher is an awareness of all such aspects related to seminars, viva and assignments. One striking example of our awareness may be cited here. Considering that students difficult to understand concepts of Economics and there is problems to comprehend words, this department are prepared PPTs for slow learners. Students are helped of these PPTs and to benefit for overall result. The department is quite significant considering that our college is based in rural area; our students come from that area to the college. They are totally inadequate about the syllabus. So my first duty is to remove these problems of students.

The department is proud that our students organize inauguration functions of ‘Economics Study Association’ as well as others of programs their self and conduct its quite successfully. The students of the department come through examination with flying colours quite some students get first class and above 70% at the graduation level. We are proud that during some years, our some students have got government job by competitive exam; a few of them are college lecturer and private department. Whenever possible the department has conducted practice examination modeller on the annual examination, so that the students perform better in the final examination.

Vision:

• To provide self-employment oriented education to college students.
• To make Students research creativity oriented
• To teach principles of economics to rural Students.

Mission:

• To impart job oriented and skill based education.
• To empower students through modern teaching-learning aids and encourage students participation in curricular, co-curricular and extra-curricular activities.
• To enhance student’s agro-economic and industrial knowledge.

Objectives:

• To raise the standard of students’ conceptual knowledge
• To provide self-employment opportunities to students in the field of economic & financial activities
• To create awareness among students for competitive examination
• To organize various programs for students’ personality development.
• To inspire the students for increase theirs merit level.
• To prepare the students for global competition.
• To enable students to become economically independent

Importance of Economics:

• Economics is the important for competitive exam.
• Economics utilization is appropriate for need of choice.
• Economical business knowledge is acquired in daily rutting life.
• Study & Information of current banking business.
• Benefit of Economics study to Producer, Businessman, and Farmer & Consumer.
• Utilize of Economics to decide National Policy, Unemployment, Economical inequality, Economical Planning, Taxation Knowledge and Statistical Information.
• Explanation of Reasons of Inflation-Recession creation.
• Utilization solving problems of Unemployment & Population.
• Economics is the science as to guide each person in the world.