Department of Economics

DEPARTMENTAL PROFILE OF THE DEPARTMENT OF ECONOMICS

The Department of Economics at Marangi Mahabidyalaya was started in the year 1990 along with the establishment of the college. At the time of establishment Mr. Mohan Boruah was the only faculty i.e. founding HoD of the Department. During the year of establishment only General course was offered in the college. But during the session 2000-2021 the Major course was introduced in the college after receiving permission from the Dibrugarh University. The Major Course has been run by the following four Faculty members- Mr. Mohan Boruah, HoD, Ms. Kalpana Borah, Mrs. Dipty Tamuly and Mr. Nava Kamal Borah.

In the year 2005, the college was divided into two parts as Marangi Mahabidyalaya (Jr) and Marangi Mahabidyalaya (Degree) according to the guidelines of Government of Assam. So, Ms. Kalpana Borah has remained in the junior section and the other three faculty members have run the department at degree level. In the year 2010, Ms. Monikankona Bodo (our Ex-student) joined our Department.

In the year 2004, Prasanta Borah passed B.A. Examination with major in Economics from our Department and he was the first Honours Graduate of the college. The Department inaugurated its Wall Magazine “Nava Prabhat” in the year 2007, edited by Dipankar Borah and it is the first Departmental Wall Magazine of the college. The Department also published an Annual Journal named “Eco-Dynamic” in the year 2009 edited by Dimpy Dutta, but due to various unavoidable circumstances the Department published the journal only for two academic years 2009 and 2010. The first graduate with first class of the Department is Basanta Bonia and he cleared B.A. final Examination in the year 2010.

On 25^th January 2020, Mr. Mohan Boruah has taken the charge of Principal (I/C) of the college and on that day Mrs. Dipty Tamuly is appointed as Head of the Department. Now the Department is smoothly run by the three faculty members Mr. Nava Kamal Borah, Mrs. Monikankona Bodo including HoD, Mrs. Dipty Tamuly.

Vision:

To prepare the students to understands, realized and to soul the social vice and obstacles and to make them feet for contributing to the socio-economic development of the surrounding areas.

Mission:

To provide opportunity for quality higher education.
To facilitate the inculcation of moral, cultural & spiritual values among the youth.
To encourage the youth to fight against all forms of social evils and superstitions.
To instill leadership role among the young in order to develop environmental awareness.
To promote and extend helping hands to the nearby community and educational institutions in order to create a responsible attitude for the upcoming generation.
To maintain and create a healthy atmosphere of gender equity.

OBJECTIVES:

To provide quality education,
To encourage the students to prepare for careers in academic, Govt. and private sectors.
To teach them Economics not as a subject but as an intellectual exercise in day to day life.
To teach them the ways in which they will be self-dependent and self-employed by doing the various types of economic activities.
To teach them about the dignity of labor, moral values and the ways for facing the current socio-economic challenges.

Course Offered:

Originally the Department of Economics offered General course in Degree level till the session 1999-2000. The Department received permission for opening Major (Honours) from the university during the session 2000-2001 and the Department has been offering Major (Honours) and general courses since that Session.

Faculty

Mrs. Dipty Tamuly

Assistant professor( Senior Scale)

Academic Qualification: M.A

Specialization & Area of Interest: Agriculture

diptytamuly72@gmail.com

Mr. Nava Kamal Borah

Assistant professor( Senior Scale), HOD

Academic Qualification: M.A. ( M.Phil)

Specialization & Area of Interest: Demography

kamalnava74@gmail.com

Mrs. Monikankona Bodo

Assistant professor( Senior Scale)

Academic Qualification:M.A. (NET)

Specialization & Area of Interest: Mathematical Economics and Environmental Economics

monikankonabodo@gmail.com

Course Outcome:

Sl. No	Course Name	Course Code	Issued Addressed
1.	. Introductory Microeconomics	ECNHC101	To understand the basic principles of micro economic theory. To understand the micro economics concepts and its application in real life.
2	Mathematical Methods for Economics-I	ECNHC102	To understand basic application of Mathematics in the economic analysis, particularly on micro economic and macro-economic theory. To apply mathematical techniques in Economic Theory in general
	. Introductory Microeconomics	ECNGE1	To acquire the knowledge of the basic concepts of macroeconomics. To discuss the preliminary concepts, associated with the determination and measurement of aggregate macroeconomic variables.
4	Introductory Macroeconomics	ECNHC201	To discuss the preliminary concepts associated with the determination and measurement of aggregate macro economic variables like savings, investment, GDP, inflation and the balance payments.
5	.Mathematical Methods for Economics-II	ECNHC202	To transmit the body of basic mathematics that enable the study of economic theory at the UG level. To illustrate the methods of applying mathematical to economic theory in general.
6	Introductory Macroeconomics	ECNGE2	.To introduce the basic concepts of macro economics. To discuss the preliminary concepts associated with the determination and measurement of aggregate macro economic variables like saving, investment, etc.
7	Essentials of Micro Economics	ECNHC 301	· To know how micro economic problems can be analyzed through formal modelling and mathematical tools · To study the consumers’ and producers’ behaviours and the behaviour of a competitive firm.
8	Essentials of Macro Economics	ECNHC 302	To discuss various alternative theories of output and employment determination in a closed economy. To introduce the students to various theatrical issues related to open economy
9	Statistical Methods for Economics	ECNHC303	To provide the knowledge about the basic concepts of statistical methods and how these methods are used in the economic analysis. To deal with the basic concept and terminology that is fundamental to statistical analysis and inference that include point and interval estimation.
10	Indian Economy-I	ECNGE3.1	To acquaint with the major trends in economic indicators in India in the Post –Independence period.
11	Advanced Microeconomics	ECNHC 401	To give the conceptual clarity to the student coupled with the use of mathematical tools and reasoning. To cover the advanced micro economic analysis like general equilibrium and welfare, imperfect markets, market failure.
12	Advanced Macroeconomics	ECNHC402	To introduce the knowledge about the long run dynamic issues like growth and technical progress. To provide the knowledge about various schools of macroeconomic thoughts like classical, Keynesian, Post Keynesian thoughts
	Introductory Econometrics	ECNHC 403	· To understand the basic concepts and techniques of econometrics. · To cover statistical concepts of hypothesis testing, estimation and diagnostic checking of simple and multiple Regression Models.
14	Public Finance	ECNGE4.3	To get the non technical overview of government finances with special reference to India. To look in to the efficiency and equity aspects of taxation of the centre and states.
15	Indian Economy-I	ECNHC501	To review the major trends in economic indicators in India in the post-independence period. To capture the emerging economic issues.
16	Development Economics- I	ECNHC502	· To study the models of Economic Development and Growth. · To develop measures of inequality and to connect between growth and inequality. · To discuss the role of the state in economic development and informational and incentive problems that affect the State Govt.
17	Economic History of India(1857- 1947)	ECNHDSE503	· To analyse key aspects of economic development during the second half of British Colonial Rule. · To investigate the place of Indian Economy in wider colonial context and the mechanisms that linked economic development in India to the compulsions of colonial rules.
18	Public Economics	ECNHDSE506	· To study the nature of Govt. Intervention and its implications for allocation, distribution and stabilisation. · To study the formal analysis of Govt. Taxation and expenditures.
19	Indian Economy-II	ECNHC601	To examine sector specific policies and their impact in shaping trends in key economic indicators in India. To emphasise for capturing the emerging issues.
20	Development Economics II	ECNHC602	· To discuss the basic demographics concepts and their evolution during the process of development. · To link the structure of markets and contracts with particular problems of enforcement experienced in poor countries.
21	Environmental Economics	ECNHDSE602	To focus on economic causes of environmental problems. To discuss how economic principles are applied to environmental questions and their management through various economic institutions, incentives and other instruments and policies.
22	The Economy of North East India	ECNHDSE604		To acquaint the learners with the characteristics as well as with the current issues of economic of NE India. To show the performance and problems of the primary, secondary and tertiary sectors in NER