In the present scenario, ECONOMICS is a job-oriented subject. It , creates
awareness about the basic issues and problems related to the Indian Economy. It
also motivates to make a critical analysis of the Indian economic problems.
MICRO ECONOMICS gives a
comprehensive view of the Price Theory with an interaction between the
households and business firms. By studying this subject one can understand the
consumer behavior in relation to demand for products and the behavior of firms
in varied market structure. The
main objectives of the subject MONETARY ECONOMICS is to understand the various monetary standards
which will enable to understand the historical
profile of the evolution of money standards and the various monetary theories.
The subject gives an insight about the integration between monetary theory and
practice.
The objective of MACRO
ECONOMICS is to understand the Macroeconomic concepts involving in the
functioning of the economy. It gives a comprehensive view of Classical,
Keynesian and Neo- Keynesian models.