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 and also offers Add on Course on Diploma in Financial Journalism. 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 consists of eight members six of whom have doctorate degrees and one faculty pursuing the same. 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 which will enhance a research aptitude for policy design and empower students to become potential leaders and scholars. Our Board of Studies, representing some of the best institutions such as IIT Madras, CDS Trivandrum, National Institute of Technology (NIT) Calicut, Ernst and Young have helped initiate changes in the pedagogy of teaching/ learning. The result is an increased focus on mathematical tools, application questions and an internal curriculum based on economic policy analysis. Our Programmes provide essential theoretical and practical training for pursuing career in economics and management fields.
HOD, Department of Economics

ECONOMICS