ECONOMICS

PROFILE

Vision

  • Economics is brought into the curriculum so that all the students are exposed to the workings of the economic system that surrounds us.
  • Equal opportunities for all through education.

mission

  • Academics as a basis for nation-building.
  • Make the discipline as simple as possible so that students may find the subject interesting enough to pursue it further. We encourage students to apply their learning for the development of the nation and the world.

COURSE OUTCOME

SEMESTER/ TITLE OF THE COURSE LEARNING OUTCOME PROGRAMME SPECIFIC OUTCOME

I Semester- ECO1.1

MICRO ECONOMICS

  • The application of microeconomic analysis to theories related to Consumer behaviour, Production, Cost, product, and Factor Pricing
  • Understand the basic concepts of economics and apply them in your professional pursuits.
  • Display the ability to evaluate the market condition and analyse the prices.
  • Analyse historical perspectives to understand the functioning of the economy.
  • Analyse the impact of economic development to solve problems like poverty, unemployment, overpopulation, low capital formation, etc.
  • Create awareness about sustainable development and environmental issues.
  • Implement research methodology in research design, data analysis, planning, and interpretation.
  • Evaluate, design, and develop problem-solving strategies and evolve scientific solutions.
  • Demonstrate the ability to evaluate and apply appropriate information in different Competitive Examinations like the Staff Selection Commission, Banking Recruitment, KPSC, UPSC, etc.

II Semester – ECO 2.1

MACRO ECONOMICS

  • Comprehend the macro variables in their application to planning and policymaking. 

III Semester – ECO 3.1A

MONETARY ECONOMICS (Elective)

  • Analyze the working of the monetary system by tracing the evolution, features, functions and role of money in modern economic system

ECO 3.1B

INTERNATIONAL ECONOMICS (Elective)

  • Explain the gains from international trade, foreign exchange, balance of payments, establishment and functioning of the International institutions and forums for better livelihoods

IV Semester – ECO 4.1A

INDIAN FINANCIAL SYSTEM (Elective)

  • Explain the classification of the financial system in India with its functions, constituents, instruments etc.

ECO 4.1B

PUBLIC ECONOMICS (Elective

  • Understand the basic concepts of Public Economics and the role of government in raising public revenue for public expenditure.
  • Explain the sharing of revenue between the centre and the state.
  •  

V Semester ECO 5.1

INDIAN ECONOMY (Core)

  • Understand the features of the Indian economy and suggest measures to solve problems.
  • Functioning and the interrelationship between different sectors of the Indian economy
  •  

ECO 5.2A

DEVELOPMENT ECONOMICS (Elective)

  • Analyse the impact of economic development on the undeveloped countries to solve problems like poverty, unemployment, and low capital formation.

ECO 5.2B

ECONOMIC DOCTRINES (Elective)

  • Comprehend the development of the theory of economics in historical perspective and emerging paradigms with their reasons.
  • Understand the similarities and differences in views among different schools of economic thought.

V Semester ECO 6.1

INDIAN ECONOMY (Core)

  • Understand the macro concepts of the Indian economy like national income, public financeand foreign trade

ECO 6.2A 

DEVELOPMENT ECONOMICS (Elective)

  • Explain the theories of Economic Development and the role of each sector in the development of a country

ECO 6.2B

RURAL DEVELOPMENT AND COOPERATION (Elective)

  • Gain insight into the socio-economic structure of rural India and the prospects and problems of rural development in India.
  • Describe the government’s efforts for rural development and the role of the cooperative movement.
SEMESTER/ TITLE OF THE COURSE LEARNING OUTCOME PROGRAMME SPECIFIC OUTCOME

I Semester- ECO1.1

MICRO ECONOMICS

  • The application of microeconomic analysis to theories related to Consumer behaviour, Production, Cost, product, and Factor Pricing
  • Understand the basic concepts of economics and apply them in your professional pursuits.
  • Display the ability to evaluate the market condition and analyse the prices.
  • Analyse historical perspectives to understand the functioning of the economy.
  • Analyse the impact of economic development to solve problems like poverty, unemployment, overpopulation, low capital formation, etc.
  • Create awareness about sustainable development and environmental issues.
  • Implement research methodology in research design, data analysis, planning, and interpretation.
  • Evaluate, design, and develop problem-solving strategies and evolve scientific solutions.
  • Demonstrate the ability to evaluate and apply appropriate information in different Competitive Examinations like the Staff Selection Commission, Banking Recruitment, KPSC, UPSC, etc.

II Semester – ECO 2.1

MACRO ECONOMICS

  • Comprehend the macro variables in their application to planning and policymaking. 

III Semester – ECO 3.1A

MONETARY ECONOMICS (Elective)

  • Analyze the working of the monetary system by tracing the evolution, features, functions and role of money in modern economic system

ECO 3.1B

INTERNATIONAL ECONOMICS (Elective)

  • Explain the gains from international trade, foreign exchange, balance of payments, establishment and functioning of the International institutions and forums for better livelihoods

IV Semester – ECO 4.1A

INDIAN FINANCIAL SYSTEM (Elective)

  • Explain the classification of the financial system in India with its functions, constituents, instruments etc.

ECO 4.1B

PUBLIC ECONOMICS (Elective

  • Understand the basic concepts of Public Economics and the role of government in raising public revenue for public expenditure.
  • Explain the sharing of revenue between the centre and the state.
  •  

V Semester ECO 5.1

INDIAN ECONOMY (Core)

  • Understand the features of the Indian economy and suggest measures to solve problems.
  • Functioning and the interrelationship between different sectors of the Indian economy
  •  

ECO 5.2A

DEVELOPMENT ECONOMICS (Elective)

  • Analyse the impact of economic development on the undeveloped countries to solve problems like poverty, unemployment, and low capital formation.

ECO 5.2B

ECONOMIC DOCTRINES (Elective)

  • Comprehend the development of the theory of economics in historical perspective and emerging paradigms with their reasons.
  • Understand the similarities and differences in views among different schools of economic thought.

V Semester ECO 6.1

INDIAN ECONOMY (Core)

  • Understand the macro concepts of the Indian economy like national income, public financeand foreign trade

ECO 6.2A 

DEVELOPMENT ECONOMICS (Elective)

  • Explain the theories of Economic Development and the role of each sector in the development of a country

ECO 6.2B

RURAL DEVELOPMENT AND COOPERATION (Elective)

  • Gain insight into the socio-economic structure of rural India and the prospects and problems of rural development in India.
  • Describe the government’s efforts for rural development and the role of the cooperative movement.

FACULTY

Mr. Mahanthesh B Havani

Assistant Professor

M.A, NET, KSET (Ph.D)
Mahantheshbh.nmkrv@rvei.edu.in

Dr. Shiva Kumar S M

Assistant Professor

M.A. Ph.D.., NET, KSET

Ms. Shruthi C

Assistant Professor