ECONOMICS

PROFILE

Vision

  • Economics is brought into the curriculum, so that all the students are exposed to the working of the economic system that surrounds us


  • Equal opportunities to all through education

mission

  • The mission of the department of Physics include continuous improvement of the quality of scientific research, the development of innovative curricula and techniques based on research, involving the latest scientific discoveries


  • To equip the students to get employment and make them aware of global trends in science

COURSE OUTCOME

SEMESTER/ TITLE OF THE COURSE LEARNING OUTCOME PROGRAM SPECIFIC OUTCOME

I Semester- ECO1.1

MICRO ECONOMICS
  • The application of micro economicanalysis on theories related to Consumer Behaviour, Production, Cost, Product and Factor Pricing
At the end of the three year program the students will able to:
  • Understand the basic concepts of economics to apply it in the professional pursuits


  • Display the ability to evaluate the market condition and analyze the prices

II Semester – ECO 2.1

MACRO ECONOMICS
  • Comprehend the macro variables in their application in planning and policy making
  • Analyze historical perspective to understand functioning of the economy


  • Analyze the impact of economic development to solve the problems like poverty, unemployment, over population, low capital formation etc

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
  • 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

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
  • Demonstrate ability to evaluate and apply appropriate information in different Competitive Examinations like, Staff Selection Commission, Banking Recruitment, KPSC, UPSC etc.

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 state

V Semester ECO 5.1

INDIAN ECONOMY (Core)
  • Understand the features of Indian economy and suggest measures for problems


  • Functioning and the interrelationship between different sectors of the Indian economy

ECO 5.2A

DEVELOPMENT ECONOMICS (Elective)
  • Analyze 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 its 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,prospects and problems of rural development in India
  • Describe the government’s efforts for rural development and role of cooperative movement
SEMESTER/ TITLE OF THE COURSE LEARNING OUTCOME
I Semester- ECO1.1

MICRO ECONOMICS
  • The application of micro economic analysis on theories related to Consumer Behaviour, Production, Cost, Product and Factor Pricing
II Semester – ECO 2.1

MACRO ECONOMICS
  • Comprehend the macro variables in their application in planning and policy making
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 state
V Semester ECO 5.1 INDIAN ECONOMY (Core)
  • Understand the features of Indian economy and suggest measures for problems


  • Functioning and the interrelationship between different sectors of the Indian economy
ECO 5.2A

DEVELOPMENT ECONOMICS (Elective)
  • Analyze 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 its 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,prospects and problems of rural development in India


  • Describe the government’s efforts for rural development and role of cooperative movement
PROGRAM SPECIFIC OUTCOME
At the end of the three year program the students will able to:
  • Understand the basic concepts of economics to apply it in the professional pursuits


  • Display the ability to evaluate the market condition and analyze the prices


  • Analyze historical perspective to understand functioning of the economy


  • Analyze the impact of economic development to solve the problems like poverty, unemployment, over population, 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 ability to evaluate and apply appropriate information in different Competitive Examinations like, Staff Selection Commission, Banking Recruitment, KPSC, UPSC etc.

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