Department of Economics

Year of Establishment: 1980

                   Among the colleges affiliated to Sri Krishnadevaraya University, Anantapur, the Department of Economics, Government Degree College, Uravakonda offers all required facilities to support teaching and research in Economics. Interdisciplinary connections with the Environmental Studies Program and other departments allow students to apply their social sciences foundation to other disciplines. Interactions with local community organizations related to Banks, industries and sustainable agriculture provide our students even more opportunities for hands-on experience in Economics. Our graduates have gone on to careers in teaching, research, Business, and agriculture. The Department of Economics is exploring the possibility of credit accumulation to earn the degree at one’s own pace incorporating skill-based education under CBCS, realizing the need for accommodating slow learners the high achievements in the academic programs.

Vision:

"To foster a community of economically empowered individuals through quality education, research, and outreach, driving sustainable development in rural regions."

Mission:

1. Educational Excellence:Provide rigorous academic programs in Economics that equip students with theoretical knowledge and practical skills relevant to rural economic contexts.
2. Research and Innovation:Conduct impactful research focused on addressing local economic challenges, promoting innovation, and contributing to policy development for rural development.3.
3. Community Engagement:Engage actively with local communities, government bodies, and industry stakeholders to apply economic principles and practices that enhance livelihoods and foster sustainable economic growth
4. Ethical Leadership:Instill ethical values and leadership qualities among students, preparing them to become responsible economic professionals who contribute positively to society.
5. Inclusivity and Accessibility:Ensure accessibility to quality economic education for students from diverse backgrounds, promoting inclusivity and equal opportunities for all.
6. Collaborative Partnerships:Forge partnerships with other academic institutions, NGOs, and private sector entities to leverage resources and expertise for mutual benefit and enhanced educational outcomes.

Program Educational Objectives (PEO)

The Economics programme aims to achieve the following objectives:

• Economics department strives to provide quality education and the most advanced curriculum and syllabus to make the students industry-ready and excel in the contemporary business world.
• Will be able to pursue research in their chosen field of related Economics, Finance, Human Resources and Marketing.

Program Outcomes (POs)

• Apply the knowledge of Economics fundamentals.
• Apply the knowledge of development to the economy.
• Understand various environmental problems and their impact on society.
• Understand investment attitude and prepare students for careers in the areas of finance and investment.
• equip students to have glimpses of various business legislations in India and to make students understand their rights emerging out of business and knowing the compliance of legal requirements of business transactions
• To make students understand the nature of entrepreneurship, and its importance to business.
• Explain elements of micro-economics and macro-economics and the role played by various sectors of the economy
• Use the various technologies in Economics Research

Course Outcomes:

• To cater to the manpower needs of the Economy and society.
• Identify the problems in the economy and formulate the solutions.
• To analyse the internal and external environment of problems.
• To enrich conceptual and analytical framework work Taxation, Budgeting, Financial analysis, and development.
• Develop a wider perspective on both the business and regulatory landscape
• To familiarize the students with the process of entrepreneurship and the institutional facilities available to an entrepreneur in India.
• Analyse the concepts of demand, elasticity, markets, supply and its essence in the floating of an organization.
• The students to grasp and comprehend the methods and techniques used in research and provide with the knowledge and skill to undertake research.