Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an economy. Economics focuses on the behavior and interactions of economic agents and how economies work. Consistent with this focus, primary textbooks often distinguish between microeconomics and macroeconomics.Microeconomics examines the behavior of basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labor, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies).
The Department of Economics was started in 1919 with the introduction of B.A. Economics Programme. M.A. Programme was started in 1960. The Department was recognized as the research department in 1975 and M.Phil was started in 1980. Many distinguished professors such as Sri. S. Thothadri Iyengar, Sri. K. A. Neelaganda Sasthri, Sri.M.S. Venkatrama Iyer, Sri. L.S. Parthasarathi, Sri. K.V. Sundaram and Dr. A.N. Rajamani have worked in the Department. There are 10 staff members in the department, out of which 5 staff hold Ph.D degree.
There are 150 UG, 50 PG and 17 M.Phil students in the Department. The dropout rate ranges between 1-5%. Nearly 95% of the students come from families having vocation in the agricultural sector. More than 90% of the students belong to BC/SC/ST communities. Many alumni of the department occupy decent employment in various Government and Private Agencies.
The Department offers both UG & PG Programme under Choice Based Credit System. Many staff members are involved in the curriculum development of Bharathidasan University and other Autonomous Colleges in the last five years. Sri.S.X. Prabhu, is the chairman of Board of Studies in Economics, Bharathidasan University, Tiruchirapalli. Many members of the staff also serve as Members of Board of Studies in various Universities and Autonomous Colleges.
The general library has more than 3000 books in Economics.
The department also maintains a Book Bank meant for SC/ST students.
The journals subscribed in Economics are listed below.
|S.No||Name of the Investigator||Funding Agency||Title of the Project||Date||Amount (in Rs.)|
|1||Dr. T. Sridhar
Dept. of Economics
|UGC (Minor)||A Study on unorganized labourers||Feb - 2009||1,00,000|
Dept. of Economics
|UGC (minor)||Towards the sustainable SHG movement through Microcredit Finance||2004-2006||80,000|
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Dr.C.Rangarajan Endowment Lecture was delivered by Sri. Swaminathan S.Aiyar, The Consulting Editor, The Economics Times on “Political Economy- Its Challenges Facing India” on 12.08.2013
State Level Seminar on Money & Banking was organized by the Department of Economics on 30-09-2011.
XXX Annual Conference of Association of Economists of Tamilnadu was conducted by the Department of Economics from 09-10th January 2010.
The Department of Economics organized a Workshop on Research Methodology in Economics for M.Phil and Ph.D Students on 28th & 29th January 2009.
A one-day State Level seminar on Retail Trade – Issues and Challenges was organized by the Department of Economics on 30.09.2008
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