Department of Economics

History & achievements – The Department of Economics

•The Department of Economics, started in the year 1937, is one of the oldest departments of St.Teresa’s College. The Department of Economics offers both an Undergraduate and Postgraduate course in Economics. While economics as a subsidiary subject for History main was started long back in 1927, the Bachelors programme with economics main was started in 1937 and masters programme in 1995. In 2010, the Department was elevated as a Research Centre of the Mahatma Gandhi University, Kottayam. The faculty comprises six permanent members, all holding doctoral degrees, including one faculty member with a postdoctoral degree.The Integrated M.A. Programme in Social Sciences (Economics) was sanctioned in 2021.The Department of Economics has bagged National Award , State Award and Chief Minister’s Award for innovations for the Project e-Jaalakam.

Mission – The Department of Economics

The department of Economics has around 225 students pursuing various courses and has produced good results and several ranks at the university level. Students play a prominent role and take the lead in organising many innovative, interdisciplinary action events/projects. Students are encouraged to learn beyond classroom through yearly budget analysis, stock exchange visit, participation in Grama Sabhas (Decentralised Planning Process of Local Governments) etc. A platform for hands on training in the form of internships in various institutions help students to apply their theoretical knowledge and prepare them to face challenges of job market. Volunteers also gain hands on experience in managing various facets of a social entrepreneurship unit- STEP ( Society of Teresians for Environment Protection) which include purchase of raw materials, inventory management, quality control, sales and marketing etc.

Vision

  • To mould Empowered, Empathetic and Environmentally sensitive Women Economists
  • To train students in economic analysis with particular emphasis on mathematical economics, create a research  aptitude for policy development and to empower them to become potential leaders and scholars.
  • To  inculcate a sense of social responsibility in them so that they become socially productive citizens.

  • To offer courses in  Applied Economics  so that it will enable the students to have a better understanding of current affairs in policy matters.
  • To facilitate comprehension of social, demographic, technological and business dynamics so that  students  can contribute intelligently to policy debate.
  • To create potential researchers who can enrich the nation through policy prescriptions.
  • To encourage women to make a positive impact on society through synergies within and outside the student community across  the college/region/national boundaries.

Message from HOD

We, at the Department of Economics, aim at moulding empowered, empathetic and environmentally sensitive women economists. We offer courses in Applied Economics that enhance research aptitude for policy design and empower students to become potential leaders and scholars. Recognized as a Research Centre of Mahatma Gandhi University, the department actively promotes quality research and academic excellence in diverse areas of economics.

Our Board of Studies, representing premier institutions such as Indian Institute of Technology Madras, Centre for Development Studies, National Institute of Technology Calicut, Ernst & Young, and the Centre for Budget Studies, Cochin University of Science and Technology has helped initiate significant changes in the pedagogy of teaching and learning. Our curriculum is focused on mathematical tools, application-oriented learning and economic policy analysis.

The department provides essential theoretical and practical training for pursuing careers in economics and management through internships, outreach programmes and research-oriented learning experiences. The department also takes pride in its students who have excelled in academics and professional careers, securing admissions and placements in prestigious institutions and organizations in India and abroad, including London School of Economics and Political Science.

Through academic excellence, research, and socially committed initiatives, the Department strives to nurture competent economists capable of contributing meaningfully to society and policy-making.

HOD, Department of Economics

Economics