POs, PSOs, Cos


 

  Programme Outcomes (POs)

B.A. Economics Programme Students will after successfully completing the programme  will have

PO 1

Develop the ability to explain core economic terms, concepts, and theories

PO 2

Demonstrate the ability to employ the “economic way of thinking.”

PO 3

Demonstrate awareness of global, historical, and institutional forces

PO 4

Apply economics theories and concepts to contemporary social issues as well as  formulation and analysis of policy.

PO 5

Recognize the role of ethical values in economic decisions

PO 6

Demonstrate the ability to collect, process and interpret data, including statistical inference

PO 7

Be able to use critical thinking skills within the discipline of economics about economic matters.

PO 8

Apply both oral and written communication skills within the discipline.

 

 

Programme Specific Outcomes (PSOs)

After completing B. A. Economics students will have

PSO    1

Understanding how different degrees of competition in a market affect pricing and output.

PSO 2

Understanding the efficiency and equity implications of market interference, including Government policy.

PSO 3

Developing the research knowledge in economics and

   Applying quantitative or logical reasoning/research for problem solving

PSO   4

Developing the skills of  data collection, data exploration and data analysis

PSO 5 

Understanding Indian economy and economic environment

 

Course Outcomes

After successfully completing this course, students will be able to

B A –I 

Indian Economy.

CO.1

Understanding characteristics, features, structural changes in Indian Economy.

CO.2

Comprehension of the nature and impact of New Economic Reforms on

the Indian Economy

CO.3

Knowing the problems of unemployment, poverty, rising economic and social inequality and problems of regional imbalance in India.

CO.4

Evaluating the changing role of agriculture. Industrial and service sector and foreign sector in Indian Economy.

CO.5

Measuring the problems prospects of cottage and small scale industries, and industrial sicknesses.

CO.6

Measuring the growth, volume, composition and direction of India’s

foreign trade and capital inflow since 1991.

B A -II

Banks and Financial Institutions .

CO.1

Understanding the meaning, function and role of commercial Banking.

CO.2

Comprehending the procedure of an account opening, operating and Closing.

CO.3

Knowing the structure, function and role of RBI in economic Development.

CO. 4

Judging the progress of financial inclusion.

CO.5

Evaluating the importance, characteristics and components of the Financial market.

CO.6

Understanding the role and types of development banks and Non- Banking financial intermediaries.

CO.7

Realizing the banking reforms and Basel norms-1 and 2.

CO.8

Identifying recent trends in Indian banking such as E-Banking, MICR clearing, ATMs, Credit Cards and Debit Cards, Travelers Cheques, Gift cheques, Demat Account.

B A -II

Macro Economics.

CO.1

Identifying the basic concepts and theories of Macro Economics

CO.2

Awareness about changing macroeconomics policies and theories.

CO.3

Understanding various concepts such as; GDP, GNP, NNP, Personal

Income, Disposable Income, Per Capita Income, and National Incom

CO.4

Identifying the factors determining gross domestic product,

employment, the general level of prices, and interest rates.

CO.5

Realizing the law of markets, consumption function and investment function.

CO.6

Judging the role of fiscal policy and monetary policy in a Developing Economy.

CO. 7

Knowing features, phases and theories of trade cycles.

CO. 8

Evaluating types, merits and demerits of taxes.

CO.9

Comprehending the role of public finance in developing.

B A -III

Micro Economics

CO. 1

Knowing the decision making of consumer.

CO. 2

Identifying the nature of revenue and cost of production.

CO. 3

Comprehending the demand function and production function

CO. 4

Realizing various production theories.

CO. 5

Clarifying the meaning of marginal, average, total revenue, and marginal, average and total costs and its implication.

CO. 6

Awareness of different markets structure

CO. 7

Understanding pricing in different markets.

CO. 8

Judging the factor pricing.

B A -III

Research Methodology in Economics.

CO. 1

Understanding the basic framework of research process

CO. 2

Defining various research designs and techniques.

CO. 3           

Identifying various sources of information for literature review and data collection.

CO.4

Discussing the ethical dimensions of conducting applied research.

CO.5

Appreciating the components of scholarly writing and evaluate its quality

CO. 6

Knowing various aspects of Research in Economics.

CO.7

Understanding various data analysis techniques ( Mean, Median, Mode, Range, Standard Deviation Karl Pearson coefficient of correlation).

CO. 8

Ability to interpretation of data and report writing.

B A –III

History of Economic Thoughts

CO. 1

Acquaintance with the economic thoughts of Classical, Nationalist and Socialist Thinkers

CO. 2

Judging the development of economic thoughts.

CO.3

Realizing the economic concepts and theories of Neo-Classical and Indian thinkers.

CO. 4

Evaluating the development of Indian economic thoughts.

B A -III

Economics of Development

CO.1

Understanding the concept and aspects of economic Development.

CO. 2

Knowing the theories of economic growth and Development.

CO. 3

Measuring the concept and issues of economic planning.

CO. 

Discussing the need, types and necessary conditions of economic Planning.

B A -III

International Economics.

CO. 1

Elaborating the importance of the study of International Economics

CO. 2

Finding similarities and dissimilarities in inter-regional and international trade.

CO. 3

Knowing the changes in the import –export policies of India.

CO. 4

Evaluating various types of exchange rates and its merits and demerits

CO. 5

Discussing the types and effects of tariffs and quotas.

CO. 6

Judging the function, merits and demerits of Foreign Capital, and International Corporation (IMF,IBRD, WTO, and SAARC)

CO. 7

Realizing the volume, composition and direction of Balance of trade and balance of payments.

 


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                                              ABOUT DEPARTMENT   Establishment: June 1969            The Department  of Economics was establ...