DEPARTMENT OF ECONOMICS
PROGRAM EDUCATIONAL OBJECTIVES (PEOs) |
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| The B.A. Economics students program educational objectives are as follows | |
| PEO1 | Economic graduates will be able to interpret the information from economic perspective. Hence will be an effective economic analysts, who could successfully complete a credential test. |
| PEO2 | Economic graduates will be able to assess situation and identify main economic problems and demonstrate an ability to offer alternative solution to problems. This will enhance critical thinking skills. |
| PEO3 | Graduates of economics will be able to demonstrate their proficiency and skills necessary to attract the potential employers in the field of banking sector, insurance companies, marketing field and also in the field of teaching. |
B.A.ECONOMICS
PROGRAMME OUTCOMES
BACHELOR OF ARTS
The learning outcomes of graduate programmes reflect disciplinary knowledge and understanding including distinct competencies that all students should acquire. The programme outcomes are as follows:
PO1: Communication skills: Ability to express thoughts and ideas effectively in writing and orally.
PO2: Critical thinking: Capability to apply analytic thought to a body of knowledge. Critically evaluate practices, polices and theories by following scientific approach to knowledge development.
PO3: Problem solving: Capacity to extrapolate from what one has learned and apply their competencies to solve different kinds of problems.
PO4: Team work: Ability to work effectively with diverse teams. Facilitate co-operative effort on the part of a group and instill the spirit of togetherness.
PO5: Moral and Ethical awareness: Ability to identity ethical practices in all work; appreciating environmental and sustainability issues; unbiased and truthful actions in all aspects of work.
PO6: Leadership quantities: Capability for mapping out the tasks of a team or an organization and setting direction, formulating an inspiring vision.
PO7: Employability: On graduating, the students will be able to appear for competitive examinations. They become employable various government and non-government al organizations.
PO8: Research-related skill: An ability to recognize cause and effect relationships, familiarizing the methods of collecting data and sampling techniques.
PO9: Multicultural competence: Possess knowledge of the values and beliefs of multiple cultures and interact respectfully with diverse groups.
PO10: Lifelong Learning: Ability to acquire knowledge and skills to decide about the future course of career.
| PROGRAMME SPECIFIC OUTCOMES (PSOs) | |
| After the successful completion of B.A. Economics program, the students are expected to | |
| PSO1 | Have the Capability to demonstrate comprehensive knowledge and understanding on the basic concepts and theories that form a part of this programme. |
| PSO2 | Have the Capacity to analyse and evaluate the current events from an economic perspective. |
| PSO3 | Expand skills in practical application of economic theory. |
| PSO4 | Possess an ability to offer alternative solution on policy issues. |
| PSO5 | Demonstrate the ability to analyse, interpret and draw valid conclusions from quantitative and qualitative data. |
| PSO6 | Communicate effectively on specific economic issues and present complex information in a clear and concise manner. |
| PSO7 | Kindle the interest to use ICT in learning environment. |
| PSO8 | Nurture the spirit of leadership qualities and readiness to work and learn. |
| PSO9 | Boost the spirit of self confidence and inculcate the spirit of moral values. |
| PSO10 | Build strong foundation for pursuing continuous learning. |
Department of Economics
Course Outcomes
Course Name : Micro Economics – I Course Code: 21UEC01
| S.NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Explain how economists use economic models and able to Understand the Utility concepts. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Analyse the indifference curves and also understand its uses. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Explain the Elasticity of demand and supply. | 2,4,6,8,9,10 | Apply |
| CO4 | Understand how factors of production can be used optimally to produce goods and services as they are the building blocks of the economy. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Differentiate between short run and long run cost, interpret the relationship between short run and long run costs. | 1,2,3,4,5,6,10 | Apply |
Course Name : INDIAN ECONOMY- PROBLEMS AND POLICIES Course Code: 21UEC02
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the basic structure of Indian Economy. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Analyse the reasons behind income inequality and unemployment. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Comprehensively interpret the reasons for low productivity in agriculture. | 2,4,6,8,9,10 | Apply |
| CO4 | Explain the need of industrial planning and growth to foster Economic Development. | 1,2,6,7,8,9 | Apply |
| CO5 | Justify the growth rate of the economy on account of planning. | 1,2,3,4,5,6,10 | Apply |
Course Name : PRINCIPLES OF MARKETING Course Code: 21AEC01
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the basic concepts of marketing . | 1,2,3,7,8,9 | Remember |
| CO2 | Have an idea on the storage grading and standardization | 2,3,4,6,7,9,10 | Understand |
| CO3 | Define the features of a product and product mix. | 2,4,6,8,9,10 | Apply |
| CO4 | Identify the benefits of product life cycle. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Analyse the need & criteria for Market Segmentation | 1,2,3,4,5,6,10 | Apply |
Course Name : Micro Economics – II Course Code: 21UEC03
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Gain analytical skills for understanding Market structure. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Analyse the characteristics and pricing methods under monopoly, Monopolistic competition, duopoly and duopoly. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Demonstrate the theory of nages, cent, interest and profits. | 2,4,6,8,9 | Apply |
| CO4 | Analyse the marginal productivity theory of distribution. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Understand how factor market works, illustrate basic tools in welfare economics and understand the concept of social welfare functions. | 1,2,3,4,5,6,10 | Apply |
Course Name : INTERNATIONAL ECONOMICS Course Code: 21UEC04
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand and identify basic concepts of International Economics and its relevance of Foreign Trade for economic growth of a country. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Get acquaint the knowledge about various Theories of International Trade developed by economists in the world. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Demonstrate the effects of Tariff and Non-Tariff barriers and its consequences on Trade and Development. | 2,4,6,8,9 | Apply |
| CO4 | Show the importance of maintain Equilibrium in the balance of payments and suggest suitable measures to correct disequilibrium as well. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Be aware of the changes in Exchange rate as we as merits and demerits of Fixed and Flexible Exchange rate system. | 1,2,3,4,5,6,10 | Apply |
Course Name : ELEMENTS OF EXPORT MARKETING Course Code: 21AEC02
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Identify the basic Factors to be considered before entering export field and methods of entering foreign market. | 1,2,3,7,8,9 | Remember |
| CO2 | Know the ways of entry to overseas market. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Recognize the various sources of export finance. | 2,4,6,8,9 | Apply |
| CO4 | Apply various exports procedures and formalities to run an export business. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Locate various sources of information, institutional infrastructure and incentives for exporters | 1,2,3,4,5,6,10 | Apply |
Course Name : MONETARY ECONOMICS-I Course Code: 21UEC05
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Learn the various functions and classification of money. | 1,2,3,7,8,9 | Remember |
| CO2 | Explain the concept of demand and supply of money and its theories. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Gain knowledge on the recent development in the Indian Money Market. | 2,4,6,8,9 | Apply |
| CO4 | Understand the recent developments in the Indian Banking System. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Gain knowledge on the inflation, Deflation, and its effects. | 1,2,3,4,5,6,10 | Apply |
Course Name: THE APPLICATION OF STATISTICAL METHODS IN ECONOMICS – I Course Code: 21UEC06
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the scope, nature and use of statistics | 1,2,3,7,8,9 | Remember |
| CO2 | Distinguish between the sources of data collection. | 2,3,4,6,7,9 | Understand |
| CO3 | Understand the difference between the classification and tabulation of data. | 2,4,6,8,9 | Apply |
| CO4 | Interpret the fundamentals of graph and diagrams. | 1,2,6,7,8,9 | Apply |
| CO5 | Learn the calculation of mean, median and mod. | 1,2,3,4,5,6 | Apply |
Course Name: AN INTRODUCTION TO ENTREPRENEURIAL DEVELOPMENT Course Code: 21UECS1
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | To understand the key role of entrepreneurs. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Discuss the entrepreneurial scenario. | 2,3,4,6,7,9,10 | Understand |
| CO3 | To enlighten the students on the motivational factors behind the entrepreneurs. | 2,4,6,8,9,10 | Apply |
| CO4 | To give more awareness on major challenges faced by family business in India. | 1,2,6,7,8,9 | Apply |
| CO5 | To understand the various forms of business ownership. | 1,2,3,4,5,6,10 | Apply |
Course Name: ECONOMICS FOR COMPETITIVE EXAMINATION-I Course Code: 21UECN1
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Student will be able to understand the basic concepts of Economics and Relationship between other social sciences. | 1,2,3,7,8,9 | Remember |
| CO2 | To understand distribution of National Income and also measure the rate of growth of a country. | 2,3,4,6,7,9,10 | Understand |
| CO3 | To understand the Indian banking system and role in the economic development of the country. | 2,4,6,8,9,10 | Apply |
| CO4 | We familiar the meaning the inflation and deflation. Also will assess by important of budget. | 2,4,6,7,8,9 | Apply |
| CO5 | Identify the role and functions of IMF, World Bank, BRICs, SAARC, ASEAN, in Economic Development. | 1,2,3,4,5,6,10 | Apply |
Course Name: MONETARY ECONOMICS-II Course Code: 21UEC07
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Distinguish the features of commercial banks and its recent reforms. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Understand the role of NBFI | 2,3,4,6,7,9 | Understand |
| CO3 | Describe the functions of central bank and its methods of control credit activities. | 2,4,6,8,9,10 | Apply |
| CO4 | To understand the theories of trade cycles. | 2,4,6,8,9,10 | Apply |
| CO5 | Be aware of the recent monetary policy and monetary management in India | 1,2,3,4,5,6,10 | Apply |
Course Name: THE APPLICATION OF STATISTICAL METHODS IN ECONOMICS – II Course Code: 21UEC08
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the purpose and methods of Measuring variation. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Find out the correlation coefficient and Understand the nature and degree of relationship which can be used for future planning and forecasting. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Know the meaning of Simple Linear Regression, Uses and the Difference between correlation and Regression. | 2,4,6,8,9,10 | Apply |
| CO4 | Explain the Problem of construction of index numbers | 1,2,6,7,8,9 | Apply |
| CO5 | Identify the Time Series model and uses in measuring changes in industrial production. | 1,2,3,4,5,6,10 | Apply |
Course Name: AN INTRODUCTION TO ENTREPRENEURSHIP AND RURAL DEVELOPMENT Course Code:21UECS2
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the meaning and need for rural Entrepreneurship. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Analyse the role and functions of women Entrepreneurs. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Discuss on the need for developing agri-preneurship in India. | 2,4,6,8,9,10 | Apply |
| CO4 | Understand the meaning and role of SHGs in Economic Development. | 1,2,6,7,8,9 | Apply |
| CO5 | Evaluate the objectives of Entrepreneurial Development programmes. | 1,2,3,4,5,6,10 | Apply |
Course Name: ECONOMICS FOR COMPETITIVE EXAMINATION-II Course Code:21UECN2
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the basic characteristics of Indian Economy. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Analyse and Appraise the issues in India’s Poverty, Unemployment and Eradication Programme. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Apply economic reasoning to issues of Agriculture and Impact of Green Revolution, Land reforms in India. | 2,4,6,8,9,10 | Apply |
| CO4 | Narrate Effectively about role of Industrialisation, New Industrial Policy 1991 and MSMEs developing in India. | 1,2,6,7,8,9,10 | Apply |
| CO5 | To Understand the infrastructure in India and also will and unsigned on LPG. | 1,2,3,4,5,6,10 | Apply |
Course Name: BUSINESS ECONOMICS Course Code: 21AEC01
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Gain knowledge of Basic concepts and Nature of Principles of Business Economics to apply in Business decision making. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Grasp the ideas on Demand and supply and influence on determination of Price in the market. | 2,3,4,6,7,9 | Understand |
| CO3 | Illustrate the short run and Long run cost and their relationship with output and examine the Revenue concepts. | 2,4,6,8,9,10 | Apply |
| CO4 | Demonstrate the Equilibrium price output determination under perfect and imperfect market conditions. | 1,2,6,7,8,9,10 | Apply |
| CO5 | Understand the Economists arguments concerning profit policy and acquaint the Knowledge on features of factors of production inflation, deflation and business cycle and its impact on Economy. | 1,2,3,4,5,6,10 | Apply |
Course Name: INDIAN ECONOMY Course Code: 21AEC02
| S. NO. | COURSE OUTCOME | PSOs Addressed | BLOOMS VERB |
| CO1 | Understand the basic concept of economic growth and the features of Indian Economy. | 1,2,3,7,8,9,10 | Remember |
| CO2 | Be aware of the likely distributional consequences of population growth and thus of conflicting interests with in an Economy. | 2,3,4,6,7,9,10 | Understand |
| CO3 | Apply economic reasoning to issues of Agriculture and Impact of Green Revolution, Land reforms, Programmes in Indian Economy. | 2,4,6,8,9,10 | Apply |
| CO4 | Narrate effectively about role of Industrialisation, New industrial programmes and policies concerting Industrial Development in India. | 1,2,4,7,8,9,10 | Apply |
| CO5 | Analyse and Appraise the Trends in India’s Foreign trade. New Economic Policy (LPG) and E-Governance in India. | 1,2,3,5,6,7,10 | Apply |