Department of Economics

Course offered - BA Economics (Model II – Foreign Trade and Computer Applications)

The Department of Economics commenced in the year 2016 with its graduate programme in Economics based on Model II curriculum as prescribed by Mahatma Gandhi University

Economics is a Social Science which analyses the production, distribution and consumption of goods and services. The Economics programme aims to provide analytical and technical skills to meet the requirements of a competitive job market. It consists of 11 core papers which give an insight into areas like Micro and Macro Economics, study of government policies and spending under Public Economics, a comprehensive study of the Indian Economy etc. Keeping in tune with times and the need for research and analysis students are given a backing in quantitative areas too through papers on Statistics.

Foreign trade being the backbone of the commercial world, the department offers 8 papers in this area. It covers areas like international marketing and business, foreign trade financing and documentation with a special emphasis on India’s foreign trade policy.

This being a technology driven age they are imparted IT skills too through their complementary subject – Computer Applications.The relevance of effective communication has come up in the recent years. The department addresses these needs through its soft skills sessions which are conducted side by side

The syllabus is structured so as to impart students with theoretical knowledge on the subject. To take their learning further and enable them to understand its applications in the real world, students are made to undertake activity based tasks. A continuous evaluation is carried out through written tests, reviews and discussions on various topics, class response, regularity in doing assignments etc.

The department also has a club which undertakes different activities on a weekly basis. The club offers opportunities to students to project their talents and interests.

Core Papers

  • Micro Economics I and II (2 papers)
  • Macro Economics I and II (2 papers)
  • Economic Development and Planning
  • Methodology of Social Science with Special reference to Economics
  • Indian Economy
  • Public Economics
  • Quantitative Economics (2 papers)
  • Choice Based Course

Vocational Papers

  • Fundamentals and Principles of Foreign trade
  • India’s Foreign Trade
  • International Business
  • International Marketing
  • Foreign Trade Documentation and Procedures
  • Foreign Trade Financing and Procedures
  • Shipping and Insurance Practices and Procedures
  • Entrepreneurship and Small Business Economics

Complementary Papers

  • Computer Fundamentals
  • MS Office
  • MS Access
  • Visual Basic


Students have to undertake a project during their final semester. This can be done individually or as a group. However, the viva voce examination on this project will be conducted individually. The projects are to be identified during the V semester of the programme with the help of the supervising faculty member. The report of the project is to be submitted to the department for valuation by the examiners appointed by the University.

A project is a scientific and systematic study of real issue or a problem intended to resolve the issue with application of concepts, principles, theories and processes. It should entail scientific collection, analysis and interpretation of data to valid conclusions

Teaching and Learning

Teaching and learning is a constant two way process. Teachers and students learn from each other. Faculty members have the freedom to choose a pedagogy befitting their paper. Lectures, power point presentations, videos, group discussions, debates, projects and film analysis are some of the methods used for teaching.

Students are made to undergo an induction programme in the beginning. The foundations of all papers are laid down during this period. Other topics discussed include personality development, time management, self - discipline, mentoring and counseling etc.

Add on Programmes

International Finance (Proposed)

Soft Skills


Students are admitted during June/ July through the CAP allotment process of the MGU and also through the Management Quota. Applications can be sent either online or as a hard copy.

The following documents are to be produced at the time of admission

  • Plus Two Certificate in Original
  • Conduct certificate in original from the institution last studied.
  • Migration Certificate in original (If Applicable)
  • Transfer Certificate from the institution last studied in original.
  • SSLC / Equivalent certificate with two copies
  • Required Fees
  • 5 Passport size Photographs
  • Provide Income Certificate (For those who eligible for fees concession)