History of the Department

• The Department is in its 74th year of functioning. It is a full fledged Research Department, with Full time M.Phil Programme and Full time and Part-time Ph.D. Programmes. The Department currently offers B.A., M.A., M.Phil. and Ph.D. Programmes in Economics.
• UG course in Economics was started during 1946-47 with the medium of instruction in English. A section with medium of instruction in Tamil was opened during 1960-61.
• The PG course was introduced in 1988. The M.Phil. Programme in Economics has been introduced in the year 2010. The Department has also been recognised as one of the Research Centres leading to Ph.D. Programme in Economics (Full time and Part time) of Madurai Kamaraj University in the year 2010.
• The Department of Economics is one of the oldest departments in The Madura College. As a Course of Study, Economics has stood the test of time and continues to enjoy mass popularity. The Department was offering B.A.
• Economics both in English and Tamil as a medium. B.A. Special Economics Course was also offered during early 1970’s.
• During 1988, when academically certain structural changes were effected in the college, M.A. Economics Course was started. Both sections of B.A. Economics were put under animated suspension.

Timeline

Highlights of the curriculum

• Offers a total of 21 papers, with five papers in each semester with Non-major elective in the 3rd semester.
• The syllabus is periodically revised and updated to suit to changing times and market requirement.
• Conventional papers like Micro Economics, Macro Economics, Development Economics, International Economics, Fiscal Economics and Indian Economics are taught with syllabus in line with the UPSC/TNPSC/SLET/UGC examinations. These papers help the students to come out successfully in the competitive examinations.
• HRD Marketing Management, Entrepreneurship, Computer Applications and Demography form part of the curriculum, so that the student that the student is able to be self employed as an entrepreneur, sales professional or an enterprising entrepreneur in the stock and the share market.
• Papers like Mathematical Methods, Statistical Methods help the students in sharpening the understanding of the nuances of the subject matter of economies.
• The students are given two periodical tests, to test the understanding of the subject. The seminars are conducted at regular intervals for the students in all the subjects so that the expression. Language and the style of presentation improve with each seminar. The assignments are given for the student to summarize the whole content of the subject and present them as a condensed birds-eye view vision of the science. There is End of Semester Examination too. While external examination is valued for 75 the internal is assessed for 25 marks.
• Students are taken on Field Visits and Field Studies. Seminars, Debates and Workshops are organised for students, periodically, to improve the communication skills and exposition of gain in knowledge.

Skills Imparted

• Imparting
• Analysing
• Examining
• Interpreting
• Promoting
• Modeling
• Making
• Reading
• Listening
• Speaking
• Developing

Carrier opportunities

• Indian Economic Service (IES)
• Indian Statistical Service (ISS)
• Officers in Department of Economics and Statistics
• Economic Adviser and Economists in Reserve Bank of India and other Commercial, Private, Co-operative, Foreign Banks and NBFIs.
• Officers in NSSO
• Officers in CSO
• Policy Maker in the Government
• Teaching Faculty
• Auditing
• Preparing the students for competitive examinations
• Preparing the students for UGC NET / SET Exams

Infrastructure

Salient features

• Inter-Collegiate Student’s Seminar at the State Level (Seminar Souvenir).
• MAGNOMICS Inter-Collegiate Cultural Competition.
• Economics Day Celebrations.
• Invited Guest Lecture Programme.
• Industrial Visit (Extension Activity)
• Remedial classes for the students who have failed in various subjects
• PTA Meeting with a purpose to distribute the mark statement to the Parents and to get suggestion from them.
• Planning Forum – under the aegis of the department.
• Departmental Library – Number of books 2457 out of which 410 books were donated by the Retired Staff besides the General Library.
• As on date we are subscribing 10 Journals/Periodicals along with 4 dailies.
• Reading room will be kept open from morning 9.15 AM to evening 5.45 PM for the benefit of the students.
• The Department has farmed SHG at Pappapatty Village in Usilampatti. It is continuous to be under the care and guidance of the department.
• Students are encouraged to present papers in seminar and to participate in all types cultural competitions.

PG Syllabus