Scope of the Department of Economics
- Teaching and Learning – Imparts knowledge in Microeconomics, Macroeconomics, Development Economics, International Economics, and related fields.
- Research Activities – Encourages research on economic issues at local, national, and global levels.
- Policy Analysis – Studies government policies and their impact on economy, society, and business.
- Skill Development – Develops analytical, statistical, and critical thinking skills in students.
- Interdisciplinary Collaboration – Works with other departments like Commerce, Political Science, and Sociology for holistic studies.
- Community Engagement – Organizes seminars, workshops, and outreach programs for public economic awareness.
- Industry and Market Studies – Provides consultancy and conducts surveys for industry, agriculture, and service sectors.
Importance of the Department of Economics
- Understanding the Economy – Helps students and society understand how economies function.
- Decision-Making Support – Assists governments, businesses, and individuals in making informed economic decisions.
- Employment Opportunities – Prepares students for careers in banking, finance, government, academia, and corporate sectors.
- Social Development – Contributes to poverty alleviation, inequality reduction, and sustainable development.
- Policy Formulation – Provides data, analysis, and recommendations for effective economic policies.
- Global Perspective – Trains students to understand global markets, trade relations, and economic challenges.
- Evidence-Based Planning – Supports development planning with factual data and analysis.
