ECONOMICS

The study of Economics plays an important role throughout our life. Today, economic issues are drawing the attention of every citizen directly or indirectly. Further, the learning of Economics help the student to participate effectively in economic and social affairs and to take intelligent decisions in day-to-day life. In the interests of our own survival and of the nation, there is no education more important than that which helps us to understand our economic problems and reflect on them.

Objectives –

  • To acquaint students with the contemporary economic problems and to help them appreciate the efforts being made to solve these problems.
  • To foster an urge among students for effective participation in the task of economic reconstruction.
  • To prepare students to cope with the necessary stress and strain during the process of economic development.
  • To acquaint students about different criteria of dividing world economy and find out why some countries are rich and some poor.
  • To develop among students an understanding of nation’s physical and human resources and their potentialities for economic development.
  • To deepen the knowledge and understanding about the impact of development on environment.
  • To develop among students favourable attitudes towards conservation and wise use of our natural resources avoiding their misuse and wastage.
  • To help students understand that various sectors of Indian economy are interlinked and that all the sectors must develop simultaneously through planned and coordinated efforts.
  • To familiarise students with basic terminology and elementary ideas of Economics.
  • To help students acquire skills in interpreting simple statistical data