Economics - Profile



BRIEF ABOUT ECONOMICS:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.  Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility.  The building blocks of economics are the studies of labor and trade. Since there are many possible applications of human labor and many different ways to acquire resources, it is the task of economics to determine which methods yield the best results.

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people….. The ultimate goal of Economic science is to improve living conditions of people in their everyday lives.

  • The Department of Economics was established with the establishment of the college itself i.e.in 1983 with two groups i.e.B.A. (HEP), B.Com. (Gen).

  • In 2016  B.A.(Computer Applications) was sanctioned.

  • The Department has  one sanctioned post from 1983

  • The Department offers UG Courses for B.A Students.

  • The Department enjoys  freedom  and  prepares  annual  academic  plan  in accordance  with  the  syllabus  prescribed  by  the  Adikavi Nannaya University, Rajahmundry.

  • It has the freedom in planning and organizing, Curricular and Co-curricular activities like Seminars, Field Trips, Guest Lectures and Extension activities etc.

  • The department does not have financial autonomy   however   the funds required to the department will be made available by the principal keeping in view of the department such as purchase of latest editions of textbooks, teaching aids, learning materials etc.  out of the total budget allocation to the college by the Director of Collegiate Education, A.P.

  • At the   beginning of the academic year a bridge course will be organized for the students who did not study Economics at 10+2,  to bring them in line with the Economics students. Monthly unit tests, half yearly and hope examinations are conducted to assess the level of understanding of the students. During this process slow learners are identified and remedial classes are engages for them.  Active  learners are identified and they are encouraged to participate in seminars, field works and surveys and other competitions organized in and outside the college.

 

  • The department adopts ward system.

Succession List : Department of Economics

Sl. No

Name of the Lecturer

Qualification

Period

From

To

1

Sri S Serveswara Rao

M.A.,

10-01-1984

11-04-1986

2

Sri S Jacob

M.A., M.Phil.,

01-07-1986

10-03-1993

3

Sri K. Ajay Kumar

M.A.,

30-07-1987

05-08-1995

4

Sri V. Koteswara Rao

M.A.,

08-08-1994

18-06-1997

5

Sri B. Ramaiah

M.A.,

03-04-1996

01-12-2001

6

Sri K. Ramarao

M.A.,

19-06-1997

21-09-1997

7

Sri Chatrapati V S Saladi

M.A.,(Ph.D), APSET

29-08-2002

27-11-2010

8

Sri Ch. Balaraju

M.A.,

27-11-2010

15-05-2017

9

Sri Chatrapati V S Saladi

M.A.,(Ph.D), APSET

21-06-2017

02-08-2023

10

Dr.D.V.Nageswara Rao

M.A;M.Sc; Ph.D

03-08-2023

Till Now