Economics

About the Department of Economics: 

Mahamayee Mahila Mahavidyalaya, Berhampur is an Aided Educational Institution imparting Higher education for women in Graduation level, this institution was established in 1981 in the district of Ganjam, Odisha. It extends teaching facilities in Humanities, Social Sciences, Physical Sciences, Commerce. The Department of Economics was established in the year 2016 with 16 number of seats and is committed to provide students with elective mix of pure practical, analytical as well as theoretical knowledge in the areas of Micro Economics, Macro Economics, Public Economics, Mathematical Economics, Money and Banking, understanding Indian and International economy and its system etc. The Economics Department at Mahamayee Mahila Mahavidyalaya offers BA Degree with Economics Honors. The teaching methodology seeks to provide students with a strong theoretical foundation and to create a continuous interest and involvement with the real life implementation of theories for economics issues.

Vision:

  • To maintain an educational and professional atmosphere of diversity and inclusiveness at all levels and to create morally, socially, emotionally, economically employable rational students
  • ToincreasetheimportanceandpopularityofthecourseEconomicsamongstudents
  • DevelopawarenessandskillsinvariousspheresofEconomicsandcollaborateefficiently

Mission:

  • Strong foundation about theoretical and applied economic concepts and to develop critical thinking
  • To develop the potential among students for higher education, research, and career placement in Economics
  • To create environmental and social awareness by exposing students to various activities and understand research work

Importance of the Department:

  • Economics is the study of how individuals, groups, and nations manage and use resources which is currently the most impactful area of study.
  • Economics helps in understanding market behavior, assess situations and make economic
  • Economics major prepares students for careers in banking, insurance, service and manufacturing firms, consulting, government agencies, teaching, non-profit organizations and make them industry ready.
  • Studying Economics helps in developing skills in the students such as problem solving, communication, research, time management and analytical thinking

Objectives of the Department:

  •  To initiate the students into application of diverse Economic Theories and understand relative importance of those theories in today’s world
  • Apply holistic knowledge of microeconomics, macroeconomics and international economics in different fields after graduation
  • To empower the students to approach the economic issues with better solution oriented thinking

DEPARTMENTAL PROFILE

Name of the Department: Economics

Date of Establishment: 2016

Date of Starting of Major Course: 2016

Number of Faculty Members: 03 Personal Profiles of teachers

 

1.Miss. Akankshya Chanda, M.A in Analytical and Applied Economics, NET Qualified Lecturer, HOD
2.Miss.AnjaliMandal,M.AinAnalyticaland

Applied Economics, NET Qualified

 Lecturer
3. Miss. Archana Panigrahy, M.A, M.Phil in Economics Lecturer

Infrastructure of the Department:

  1. Number of Classroom:01
  2. College Library:01
  3. Wooden Self:01
  4. Wooden Benches:12
  5. Wooden Chair:03
  6. Wooden Table:04

Learning Resources of the Department:

  1. Computer Facilities: NA
  2. Printer: NA

Teaching methods adopted to improve student learning:

  •  Classroom teaching
  • Class Seminars
  • Group Discussions
  • Project work
  • Interactive lecture method using blackboard

Names of Programmes / Courses offered (UG, PG, M.Phil., Ph.D., Integrated Masters; Integrated Ph.D., etc.): Under Graduate

 EXCURSION/FIELDWORKFORSTUDENT:

 

Sl No.1 Place State Year
1 Jerang, Taptapani, Khasada Odisha 2020
2 Bhubaneswar Odisha 2022

 

 EXHIBITION/SEMINAR/TRAININGAMONGSTUDENT:

Seminar:

Class seminars are conducted in every semester by department itself.

REMEDIAL COURSES:

 Remedial classes are conducted as per Department of Higher Education, Odisha guidelines.

  • Name of Inter disciplinary courses and the department/units involved: NA
  • Annual/semester/choice based credit system(programme wise):CBCS
  • Coursesincollaborationwithuniversities,industries,foreigninstitutionsetc:A.
  • Details of courses/programme discontinued (ifany) reasons: A.

SWOC analysis of the department and Future plans:

Strengths:

  • Facilities for UG education and giving importance to classroom teaching
  • Dedicated teaching faculties
  • Involvement of students in co-curricular &extra-curricular activities
  • Active participation in Social activities
  • Providing Counseling to the students

Weakness:

  • Students are weaker in language of medium of instructions
  • Non availability of major industries in the vicinity and job opportunities

Opportunities:

  • Improved campus and supportive
  • Better higher education opportunities in industrial as well as teaching

Challenges:

  • Soft skill development programs for
  • Development of e-learning
  • Conduction of Courses or workshops like public policy, econometrics
  • More drop out due early marriage and poor economic background

Future plans of the department:

  • Promote more research
  • Adopt e-learning pedagogy
  • Organize Seminars, Conferences for students
  • Increase progression to higher education and placement
  • To make economics as an interesting/potential subject among the rural local students

Programme Outcome:

After completion of B.A Programme in Economics Honors, the students will be well trained with the major concepts and principles of economics. This will encourage them to analyze the basic economic ideas in practice and to learn the present and past economic condition of the country. Students will link how economic activities like production, consumption, distribution etc. are organized by the markets and understand the economy behavior. They will also acquire knowledge about national income, employment, inflation, deflation, business cycle, monetary and fiscal policy and the banking system which is the most important concepts in the growing economy. Students will acquire analytical and reasoning skill and will be able to predict about possible economic outcomes based on economic theories and will be equipped with quantitative analytical skills with the help of which they will be able to collect, tabulate, present and analyze data to support economic decision making, research work etc.

PROGRAMME SPECIFIC OUTCOME (CBCS):

As the undergraduate CBCS programme is at same level in all over the country, students will be immensely benefitted to gather understanding about the subject Economics equally with the students of other parts of India. This will help them to be prepared for higher education, National competitive examinations, banking exams and students will be able to get equal job opportunities along with job seekers around the country and be competent. The programme is such that students can choose any of the subject of their preference, may it be from any stream which is of maximum importance to unlock the potential of students for their respective career.

Faculty Profile:

  1. Akankshya Chanda working with Department of Higher Education, Odisha as a Lecturer in Economics (SSB) and is the Head of the Department of Economics in the college. She has completed masters in Analytical and Applied Economics from Utkal University, Bhubaneswar- 2018. Interested in macro-economic research, public policy making, project management, data analysis etc.
    • MastersAggregate-90.05%,UtkalUniversity(DoubleGoldMedalist)
    • Undergraduate Aggregate- 80.05%, Indraprastha College for Women, Delhi University.
    • AISSCE-2013-95.4%,D.A.VPublicSchool,
    • CBSE 10th Board- 10 CGPA, D.A.V Public School, Bhubaneshwar. Phone: 9873751391, Email: chanda@gmail.com
  2. Anjali Mandal is presently working as a Lecturer in Economics (SSB), under the Department of Higher Education, Odisha. She obtained herMaster’s Degree in Analytical and Applied Economics from UtkalUniversity, Bhubaneswar- 2020.She has cleared UGC-NET for Assistant Professor. Interested in development economics, sustainable development, and regional economics.
    • 2020MAEconomics,UtkalUniversity,Bhubaneswar,Odisha
    • 2018BAEconomics,S.K.C.G(Auto)College,Paralakhemundi,
    • 2015 CHSE     Board             +2           Arts,             K.C.G (Junior)             College, Paralakhemundi, Odisha.
    • 2013 BSE 10th Board, Maharaja Girls High School, Paralakhemundi, Odisha. Phone: 7735165116, Email: mandalanjali449@gmail.com
  3. Archana Panigrahy is presently working as a Lecturer in Economics in Mahamayee Mahila Mahavidyalaya. She obtained her Master’s Degree in Economics from Berhampur University and completed her M.Phil as well. She joined the college since 2016. Interested n Environmental Economics, Mathematical Economics.

Phone:8984156700,Email: panigrahyarchana@yahoo.com