B.A (Economics Model I) is offered by Union Christian College (Department of Economics). All members of the teaching faculty have research degrees (M.Phil, Ph.D).Teaching methods using Power Point Presentation and the Net based techniques are followed to support and augment conventional methods. Open house programs, tutorials and remedial classes are organized on a regular basis. Subject Associations (UG&PG) conduct regular programs and publishes BusiNews a monthly journal of the department.
Programme Specific Outcome Ba Economics
- To provide students a well founded education in economics
- To provide structured curricula which support the academic development of student
- To provide and adapt curricula that prepare our graduates for employment and further study as economists
- To provide the students with the opportunity to pursue courses that emphasize quantitative and theoretical aspects of economics
- To provide students with the opportunity to focus on applied and policy issues in economics
- To provide programs that allow the students to choose from a wide range of economics specialization
- To provide a well resourced learning environment for economics
Course Outcomes Of Papers
I Semester
Course 1
- Name of the Programme BA Economics
- Name of Department ECONOMICS
- Course Name PERSPECTIVES AND METHODOLOGY OF ECONOMICS
- Semester FIRST
- Discipline ECONOMICS
- Name of Faculty Dr. SUNIL ABRAHAM THOMAS
- Programme Name BA ECONOMICS
- Level of Study UG
Course Outcomes
- CO 1 Basic understanding of the different branches of sciences – Introduction to the Social Sciences and different approaches to Social Sciences
- CO 2 Understanding the basics of Economics, nature of the subject and its scope and relevance and the basic concepts of Economics
- CO 3 Introducing the major schools of thoughts in Economics and the contributions of various schools as well as individuals to the development of subject.
- CO 4 Introducing basic themes and concepts of research in Economics – Methodology, the conduct as well as the presentation of findings
Course 2
- Department ECONOMICS
- Discipline HISTORY/ COMPLENETARY PAPER
- Name of Faculty RAJALAKSHMI R AND THASNI NAVAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FIRST
- Course Name PRINCIPLES OF ECONOMICS
Course Outcomes
- CO 1 Basic understanding of the scope, relevance and definitions of Economics and its methodology
- CO 2 Understanding the basics of Economics, about scarcity and optimum allocation of resources
- CO 3 Introducing markets and fundamental notions of economics- demand, supply and equlibrium
- CO 4 Introducing fundamental notions of neoclassical economics
- CO 5 Introducing laws and concepts in production
II Semester
Course -1
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. SUNIL ABRAHAM THOMAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SECOND
- Course Name MICRO ECONOMICS I
Course Outcomes
- CO 1 Introduces the basics of microeconomics and discusses the basic economic problems and its solutions. Various and different concepts of microeconomics are introduced to make the further studies more easier
- CO 2 Introducing Demand and supply analysis and the equilibrium analysis- it imparts more knowledge about the various factors which can influence demand and supply.
- CO 3 Introduces the elasticity of demand and supply – its degrees and implications and uses in the economic policy decisions.
- CO 4 Discussing the dynamic demand and supply model: explains the cobweb model and demand – forecasting – objectives and methods.
- CO 5 Discuss various approaches to consumer behaviour – Cardinal and ordinal – Indifference curve analysis- Hicksian – and Slutsky’s approaches -– revealed preference – new approaches to consumer behaviour.
- CO 6 Discussions on Production function – isoquants elasticity of factor substitution – laws of returns to
- scale – economies and diseconomies of scale – empirical production function: Cobb-Douglas production function.
- CO 7 Introduction to cost concepts – explicit and implicit costs, economic and accounting costs, sunk cost, opportunity cost ,real cost, social cost- traditional theory of costs – short run and long run analysis of costs – envelope curve – modern theory of cost – short run and long run- L-shaped and saucer-shaped cost curves.
II Semester
Course -2
- Department ECONOMICS
- Discipline HISTORY/ COMPLEMENTARY PAPER
- Name of Faculty RAJALAKSHMI R & THASNI NAVAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SECOND
- Course Name BASIC ECONOMIC STUDIES
Course Outcomes
- CO 1 Introduces national income accounting and its various concepts
- CO 2 Introducing various concepts in public economics
- CO 3 Introduces financial system with special reference to India
- CO 4 Discussing the various aspects of Indian Economy
III Semester
Course 1
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty LIJI LAWRENCE
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester THREE
- Course Name MICROECONOMIC ANALYSIS II
Course Outcomes
- CO 1 To analyse situations using economic concepts and use those concepts to analyze specific questions
- CO 2 To evaluate consumer and firms’ behaviour and to analyze different types of market structures
- CO 3 To apply economic tools to analyze economic policies
Course 2
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. ANN GEORGE AND MS. THASNI NAVAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester THIRD
- Course Name ECONOMICS OF GROWTH AND DEVELOPMENT
Course Outcomes
- CO 1 Analytically distinguish different concepts of growth and development
- CO 2 Evaluate multidimensional understanding of development as well as poverty
- CO 3 Teach various approaches of development
- CO 4 Assess theories, factors and determinants of development
- CO 5 Analyse human resource development and various dimensions about it
- CO 6 Analyse issues of population, ageing, gender, as well as theories in it
Course-3
- Department ECONOMICS
- Discipline POLITICAL SCIENCE
- Name of Faculty Dr. G. GEETHIKA
- Programme Name BA ECONOMICS/HISTORY
- Level of Study UG
- Semester THIRD
- Course Name COMPLEMENTARY COURSE-
- AN INTRODUCTION TO POLITICAL SCIENCE
Course Outcomes
- CO 1 Develop a basic understanding of the nature, definitions and scope of the discipline of Political Science
- CO 2 Briefly study the features of different types of traditional and modern approaches to the study of the discipline
- CO 3 Learn about the State as an essential concept in Political Science- its elements, evolutionary theory and impact of globalization
- CO 4 Comprehend the key concepts- liberty, equality, law and justice
- CO 5 Analyse the major political ideologies- Liberalism, Marxism, Gandhism and Fascism
- CO 6 Acquaint with the characteristics and types of democracy and various forms of government
IV Semester
Course 1
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. SUNIL ABRAHAM THOMAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FOURTH
- Course Name MACRO ECONOMICS I
Course Outcomes
- CO 1 Detailed understanding of Micro Economics and Macro Economics and the relevance of its separate analysis and discussions about Macro statics and macrodynamics-circular flow of economic activity in a two sector economy
- CO 2 Understanding in details about the national income analysis, various national income concepts and its measurement and difficulties
- CO 3 Introducing Classical Macro Economics, its core features and discussions about the determination of output, employment, price and rate of interest determination.
- CO 4 Understanding Keynesian Revolution and the basic concepts of Macroeconomics as explained by J M Keynes, who provided a well-defined frame work for Macroeconomics
- CO 5 Introducing the Orthodox Keynesian Models – Two Sector – Three Sector – Four Sector Models
- CO 6 Introducing the Neo Classical Synthesis and The IS-LM analysis – Two Sector Model
Course 2
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. ANN GEORGE
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FOURTH
- Course Name PUBLIC ECONOMICS
Course Outcomes
- CO 1 Create understanding in various concepts and theories in public economics; public goods and private goods and role of state
- CO 2 Analyse various concepts in public revenue including the most recent taxation and concepts in budget
- CO 3 Evaluate concepts and theories in public expenditure
- CO 4 Evaluate concepts and classification of public debt
- CO 5 Create critical understanding of various concepts and issues in federal finance
Course 3
- Department ECONOMICS
- Discipline POLITICAL SCIENCE
- Name of Faculty Dr. G. GEETHIKA
- Programme Name BA ECONOMICS/HISTORY
- Level of Study UG
- Semester FOURTH
- Course Name COMPLEMENTARY COURSE-
- INDIAN CONSTITUTION: SOCIAL ISSUES IN INDIA
Course Outcomes
- CO 1 Acquaint students with the genesis of the Constitution of India, role of the Constituent Assembly, salient features of the state structures and institutions
- CO 2 Detailed understanding of pillars of Indian Constitution- Preamble, Fundamental Rights, Fundamental Duties and Directive Principles of State Policy
- CO 3 Familiarise the learners with the actual working of the federal structure of the Indian polity
- CO 4 Introduce the key features of India’s democracy as entailed in the Constitution- decentralization, judicial review, judicial activism
- CO 5 Understand the powers and functions of the organs of the government- Indian Parliament, the President, Prime Minister and the Indian Judiciary
- CO 6 Discuss the major socio-political issues prevalent in India- Casteism, Communalism, Terrorism, Regionalism, Naxalism
V Semester
Course 1
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. SUNIL ABRAHAM THOMAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FIFTH
- Course Name MACRO ECONOMICS II
Course Outcomes
- CO 1 Clear understanding about the various theories of Consumption Function and its importance and implications
- CO 2 To get acquainted with various post Keynesian theories of Investment and its implications
- CO 3 To have a very clear understanding about the demand for money and supply of money
- CO 4 To have a pure understanding about Inflation and its various theories
- CO 5 Better understanding about Unemployment and its types and about Okun’s law
- CO 6 Introducing Inflation Unemployment relationship through Phillips curve and its various modifications – Stagflation
- CO 7 Introduction to Trade Cycle
- CO 8 Detailed discussion about Stabilization policy and also Fiscal and Monetary policy
- CO 9 Fiscal and Monetary policy in the IS-LM context in a closed economy.
- CO 10 Acquainting the Financial Crises & the Regulatory response.
- CO 11 Introducing New Schools of Macro Economics – Monetarist – New Classical – New Keynesians – Supply Siders
Course 2
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. ANN GEORGE
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FIFTH
- Course Name INTRODUCTORY ECONOMETRICS
Course Outcomes
- CO 1 Understand econometrics and regression
- CO 2 Assess basic concepts in regression like PRF, SRF ,OLS
- CO 3 Understand Hypothesis testing
- CO 4 Assess multiple regression
- Co 5 Evaluate violation of CLRM assumptions, its consequences and remedies
Course 3
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Rajalakshmi R
- Programme Name MA ECONOMICS
- Level of Study UG
- Semester Fifth
- Course Name Environmental Economics
Course Outcomes
- CO 1 Develop a basic understanding of the meaning, definitions and scope of the subject matter of Environmental Economics
- CO 2 Briefly study the different types of Energy and Sources, Energy crisis .
- CO 3 Learn about the biodiversity, ecosystems, linkages and species. G
- CO 4 Comprehend the different types of pollution, legislations pertaining to its control, Deforestation and world Conferences on Environment. Population and Environment.
- CO 5 To understand the various human right regimes,evolution and History.
- CO 6 Acquaint with the covenants of Humanrights,Indian perspectives on Human Rights.
Course 4
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty NINO BABY
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FIVE
- Course Name Quantitative Techniques
Course Outcomes
- CO 1 Improve mathematical skills that have become an essential tool for higher education P
- CO 2 Introduce the body of mathematics to enable the study of economic theory
- CO 3 Make the fundamentals strong to build confidence in solving problems
- CO 4 Comprehend the techniques to simplify maths and economics
Course 5
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty RAJALAKSHMY. R
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester FIVE
- Course Name FUNDAMENTALS OF ECONOMICS
Course Outcomes
- CO 1 Introduce foundational concepts in economics
- CO 2 Introduce state and public economics concepts
- CO 3 Understanding financial system and foreign trade in the Indian context
- CO 4 Comprehend Indian economy
VI Semester
Course 1
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty MS.THASNI NAVAS
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SIXTH
- Course Name HISTORY OF ECONOMIC THOUGHT
Course Outcomes
- CO 1 Learn about the evolution of methodological economic thought & An overview of absolutism, relativism, rhetorical and post rhetorical, falsification, logical positivism, naturalism, supernaturalism and utopian socialism.
- CO 2 Recollecting the major economic contributions of pre Adamite economic thought- ancient, greek & roman, mercantilism and physiocracy.
- CO 3 Discussing classical economic thought: adam smith, Thomas Malthus,david ricardo,J.B Say,J.S.Mill, Jeremy bentham. And also learn Sismondi, friedrich list and karl marx along with them
- CO 4 Introducing and understanding marginal revolution, neo classical, Keynesian, monetarism, new classical,supply side & new Keynesian economic thought
- CO 5 Understanding various economic contributions of indian economic thought- kautilya, dadabhai naoroji, Gandhi,D.R.Gadgil, C.N Vakil, P.R.Brahmananda, K.N.Raj,P.C.Mahalanobis,V.K.R.V.Rao,A.K.Sen
Course 2
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty NINO BABY
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SIXTH
- Course Name Quantitative Methods
Course Outcomes
- CO 1 Familiarise the basic concepts in statistics
- CO 2 Use the proper methods to collect data, employ the correct analyses, and effectively present the results
- CO 3 Understand the statistical process behind how discoveries are made in science, decisions are arrived at based on data and predictions are made
- CO 4 Critically assess the quality of analysis whenever the students are exposed to
- CO 5 Provide the skills and knowledge necessary to enable the students to perform statistical processes competently
Course 3
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty LIJI LAWRENCE
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SIX
- Course Name INDIAN ECONOMY
Course Outcomes
- CO 1 Develop a basic understanding of the basic features of Indian economy
- CO 2 Study the structural changes taking place in the economy
- CO 3 Learn about the impact of globalization and Indian economy’s relationship with other economies.
- CO 4 Comprehend concepts like disinvestment, Missing women, Demographic dividend, Migration etc.
- CO 5 Analyse the transition taking place in the economy
- CO 6 To understand the major problems like poverty, unemployment, inequality
Course 4
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty Dr. ANN GEORGE AND MS. RAJALAKSHMY R
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SIXTH
- Course Name MONEY AND FINANCIAL MARKETS
Course Outcomes
- CO 1 Assess financial system and the various concepts of money
- CO 2 Evaluate the role of RBI and its monetary policy
- CO 3 Evaluate commercial banking in India with special reference to digital banking
- CO 4 Analyse money market
- CO 5 Assess capital market
Course 5
- Department ECONOMICS
- Discipline ECONOMICS
- Name of Faculty RAJALAKSHMI R
- Programme Name BA ECONOMICS
- Level of Study UG
- Semester SIX
- Course Name INTERNATIONAL ECONOMICS
Course Outcomes
- CO 1 To gain deep knowledge about the basic principles that tend to govern the flow of trade in goods and services at the global level
- CO 2 To learn about various theories of trade
- CO 3 To learn about the impact of globalization and Indian economy’s relationship with other economies.
- CO 4 To comprehend the worldly institutions and their role in present global economy