Departments - Arts - Economics
About:
The Department of Economics established in this college in 2018 with combination B.A. with Economics. History and Political Science. Later, in 2022 the department extended with CBCS in combination with Computer application and Mathematics.In accordance with the vision and mission of the college the Department has set its own vision and missions
Vision:
"To foster a deeper understanding of how economies function and to advance economic policies that promote sustainable development, equitable growth, and improved quality of life for all individuals."
Mission:
"To conduct rigorous research, provide insightful analysis, and educate individuals and policymakers on the principles of economics, with the aim of addressing contemporary challenges, optimizing resource use, and facilitating informed decision-making that supports economic well-being and social progress."
Motto:
"Empowering Insights, Enabling Progress."
FACULTY PROFILE |
S NO | NAME OF THE FACULTY | QUALIFICATIONS | DESIGNATION |
1 | P.LAHARI GOUD | M.A.,UGC-NET,TS-SET. | DL IN ECONOMICS |
2 | PRASHANTHI | M.A.ECONOMICS | PART TIME LECTURER |
SWOC |
STRENGTHS:
* Economics teaches students how to approach and solve problems systematically, using frameworks and tools to identify solutions and make informed decisions.
*Learning economics provides an understanding of how different economic systems operate, including market economies, command economies, and mixed systems.
*Students learn principles that can be directly applied to managing their personal finances, such as budgeting, saving, investing, and understanding economic risks.
WEAKNESS:
* Economic models often rely on simplifying assumptions that may not hold true in all situations. For example, the assumption of rational behavior or perfect competition can be unrealistic, potentially limiting the applicability of the models.
* The study of economics can sometimes focus more on efficiency and growth rather than issues of equity and distribution. This might lead to a limited understanding of the broader socio-economic impacts.
OPPORTUNITIES: