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Economics

Economics is the study of production, distribution and consumption of goods and services, and helps the individuals to optimally utilize the scarce resources to fulfill their unlimited wants.The postgraduate programme in Economics (MA in Economics) is a two year degree programme that covers the wide range of economics subjects like, Microeconomics, Macroeconomics, Quantitative methods, International economics, Public finance, Economics of growth and development, Indian economic issues, Economics of agriculture, Economics of population, and Economics of money and banking.

            This programme has three important features. First, the students are prepared for their final Panjab University MA Economics examinations. Second, they are trained to appear in competitive economics examinations like, UGC-NET in Economics, Ph.D. Entrance tests in Economics, etc. Third, they have been given hands-on training to use MS-Word, MS-Excel, and other soft tools which are helpful to them for the organization, presentation and analysis of statistical data related with the research at various levels.

 

Papers of M.A. ECONOMICS

 

M.A. (ECONOMICS) – 1st SEMESTER

 

Paper I:     MAECO-101                   Micro Economics-I

Paper II:    MAECO-102                Macro Economics-I

Paper III:   MAECO-103                Quantitative Methods-I

Paper IV:   MAECO-104                International Economics

 

M.A. (ECONOMICS) – 2ndSEMESTER

 

Paper I:     MAECO-201                   Micro Economics-II

Paper II:    MAECO-202                 Macro Economics-II

Paper III:   MAECO-203                 Quantitative Methods-II

Paper IV:   MAECO-204                 International Economics

 

M.A. (ECONOMICS) – 3rdSEMESTER

 

Paper I:     MAECO-301                    Economics of Growth and Development-I

Paper II:    MAECO-302                    Indian Economic Issues -I

Paper III:MAECO-303 & 304             Economics of Agriculture-I        Option (i)

Paper IV:   MAECO-303 & 304          Economics of PopulationOption (vii)

 

 

M.A. (ECONOMICS) – 4th SEMESTER

 

Paper I:     MAECO-401                  Economics of Growth and Development-II

Paper II:    MAECO-402                  Indian Economic Issues -II

Paper III:   MAECO-403 & 404         Economics of Agriculture-IIOption (i)

Paper IV:   MAECO-403 & 404          Research MethodsOption (iii)

SHIV KUMAR [Head of Department]
Designation: Associate Professor
Qualification: M.A,UGC-NET, Ph.D
Specialization: Social capital,Poverty & Inclusive Growth
Email: shiv7.kumar7@gmail.com

 

 

RAJNI KANT SHARMA
Designation: Assistant Professor
Qualification: M.A. (Economics),UGC-NET, M.Phil

Specialization: Public Finance
Email:rajnikantsharma946@gmail.com
 
KAVITA SHARMA
Designation: Assistant Professor
Qualification: M.A. (Economics), B.Ed,Ph.D

Specialization: International Economics,Economics of Growth & Development
Email:saurabh.kehal@gmail.com
SHUKAL PURI
Designation: Assistant Professor
Qualification: M.A. (Eco & Sociology),B.Ed

Specialization: Agricultural Economics
Email:shukalpuri045@gmail.com

DEPARTMENT OF ECONOMICS
ACTIVITIES 

DEPARTMENT OF ECONOMICS

ACTIVITIES - (2023-24)

DEPARTMENTAL ACTIVITIES

  1. Ritika Dhand, Student of MA Economics (2021-23), presented a paper on ‘Poverty in India: An Overview’ in National Seminar on 'Sustainable Development in India: Issues, Opportunities and Challenges' organized by Gujranwala Guru Nanak Khalsa College, Ludhiana on June 27, 2023.
  1. Taranjot Kaur (MA, 2020-22) and RitikaDhand (MA, 2021-23) cleared UGC-NET Economics held in December 2023 with the help of Free Coaching available at A.S. College, Khanna.
  1. Ritika Dhand, Student of MA Economics (2021-23), presented a paper on ‘Estimates and Extent of Poverty: A Study of North-Western Region of India’ in National Seminar on 'Contemporary Economic Issues of North-Western India' organized by Department of Economics, Panjab University, Chandigarh on February 19-20, 2024.
  1. Ritika Dhand, Student of MA Economics (2021-23), presented a paper on ‘Role of Agriculture in Making Trillion Dollar Indian Economy’ in National Seminar on 'Issues and Challenges of Commerce in Trillion Dollar Indian Economy' organized by Smt. ArunaAsaf Ali Government Postgraduate College, Kalka, Panchkula, Haryana in collaboration with ICSSR-NWRC, Panjab University, Chandigarh on February 22-23, 2024. And she got Best Paper Award in this Seminar.
  1. Ritika Dhand, Student of MA Economics (2021-23), presented a paper on ‘Women Empowerment through Handicraft Industry in North Western India’ in National Seminar on 'Promotion of Economic Empowerment and Entrepreneurship Development amongst Women in Crafts Sector in North-Western India' organized by DAV College, Hoshiarpur on March 02, 2024. And she got Best Paper Award in this Seminar.
  1. Ritika Dhand, Student of MA Economics (2021-23), presented a paper on ‘Labour Force Participation of Women in India’ in National Seminar on 'Role of Women Empowerment in Economic Development' organized by RKSD College, Kaithal, Haryana on March 05, 2024
  1. Department of Economics observed World Water Day on 22 March 2024, which is about focusing attention on the importance of water. The theme of World Water Day 2024 is 'Water for Peace'. When we cooperate on water, we create a positive ripple effect – fostering harmony, generating prosperity and building resilience to shared challenges.
  1. The Department of Economics organized 16th Dr. B.S. Minhas Memorial Lecture on 01st April 2024 with the collaboration of Dr. B.S. Minhas Memorial Forum. This lecture has been delivered by Sh. Raj Kumar Goyal, Managing Director, Cytozyme Laboratories Inc., Verdesian Life Sciences, North Carolina, USA. In this Lecture, Sh. Raj Kumar Goyal said that Indian economy is an agro-economy, which is highly dependent on the cycle of production, distribution and consumption. He emphasized that to make Indian agriculture future-ready, initiatives like National Mission for Sustainable Agriculture, the promotion of scientific warehousing and the adoption of drone technologies have to be promoted and facilitated for small scale farmers too.On this occasion, Scholarships in the name of Dr. B.S. Minhas and Mrs. Raj Minhas were given to three students of economics. Apart from this, ten students, who topped in economics subject, were awarded by Sh. Ajay Bhandari in the memory of his father Sh. Balraj Bhandari.
  1. Koshal and Malhotra Education Foundation, Ahmedabad awarded scholarship for the amount of Rs. 20,000 to four students (Rs. 5000 each) who obtained first position in university examinations. This year Sumiti Soni(MA Student majoring in English),Jaskaran Singh (Undergraduate Student majoring in Mathematics), Jaskaran Singh (Undergraduate Student majoring in Physics or Chemistry) and TanishjotKaur  (Undergraduate Student majoring in Economics) obtained these scholarships.

Individual Activities:

  1. Shiv Kumar, Associate Professor of Economics, published a paper on Social Capital and Human Well-Being: A Comparative Study of BRICS Countries, in the journal Artha Vijnana, December 2023, Vol. 65, No. 4, pages: 439-451, ISSN Online: 0975-6884.
  1. Shiv Kumar, Associate Professor of Economics, presented a paper on ‘An Analysis of Effectiveness of Poverty Reduction Strategies in India' in International Seminar on ‘Sustainable Development in India: Strategies and Way Ahead’ organized by Goswami Ganesh Dutta Sanatan Dharma College, Chandigarh on February 27, 2024. (Jointly with Ritika Dhand, Student of MA Economics, 2021-23).
  1. Shiv Kumar, Associate Professor of Economics, presented a paper on ‘Role of Secondary Agriculture in India's Growth Performance’ in National Seminar on 'India's Ambition to Attain US $ 5 Trillion Economy Target: Sectoral Challenges and the Possibilities' organized by Institute of Development Studies, Jaipur on March 15-16, 2024. (Jointly with Ritika Dhand, Student of MA Economics, 2021-23). (100% Financial Assistance was given by IDS, Jaipur).
  1. Rajni Kant Sharma, Assistant Professor of Economics, presented a paper on ‘Breaking Barriers: Women Pioneers in Science and Technology' in National Seminar on 'Role of Women Empowerment in Economic Development' organized by RKSD College, Kaithal, Haryana on March 05, 2024.
  1. Kavita Sharma, Assistant Professor of Economics, received Ph.D. Degree on the topic "A Comparative Study of Foreign Trade in Indian Economy for Economic Growth and Development" from Sunrise University, Alwar, Rajasthan on June 16, 2023.

DEPARTMENT OF ECONOMICS
ACTIVITIES 2022-23

DEPARTMENTAL ACTIVITIES
The Department of Economics, A.S. College, Khanna, organized 15 th Dr. B.S.Minhas Memorial Lecture on 03 rd April 2023. This lecture has been delivered by Dr. Gurbachan Singh, Visiting Professor of Economics, Ashoka University, Sonepat (Haryana). In this Lecture, Dr. Gurbachan Singh, said that government should not mix the monetary policy with fiscal policy to target inflation and output. He emphasized on the need of a well-targeted interest rate policy that influence the interest income earners and for financial as well as real investors in a separate way.He concluded low subsidies and low taxes will adjust on their own rather than high subsidies and high taxes. Dr. Shiv Kumar, Head Department of Economics,performed the role of Stage secretary. On this occasion, scholarships in the name of Dr. B.S. Minhas and Mrs. Raj Minhas were also given to four students. Apart from this, nine students who obtained first position in university examinations in the Economics subject were also awarded by Sh. Ajay Bhandari in the memory of his father Sh. Balraj Bhandari.

Department of Economics organized 14 th Dr. B.S. Minhas Memorial Lecture on “Labor Mobility in India” delivered by Dr. Neeraj Kaushal, Professor of Social Policy, School of Social Work, Columbia University, New York, USA, on March 08, 2022. In this Lecture, Dr. Neeraj Kaushal said that firstly the labor migration facilitates economic growth and reduces geographic inequality, and secondly, many dimensions of internal migration in India, e.g. inter-state labor migration for work, show low levels of mobility compared to mobility in other large countries. As a result, while there is evidence of economic convergence between districts in India, inter-state inequalities have been growing. Thirdly, internal migration for work is the most efficient and effective antidote to poverty. Political leaders and policy makers treat internal migration as a menace that needs to be curtailed with welfare programs like MGNREGA, food for work programs etc. Dr.  Swaminathan S. Anklesaria Aiyar, Research Fellow, Centre for Global Liberty and Prosperity, CATO Institute, Washington DC, USA was also present in this occasion.On this occasion, scholarships in the name of Dr. B.S. Minhas and Mrs. Raj Minhas were also given to twelve students. Apart from this, forty nine students who obtained first position in university examinations in the Economics subject were also awarded by Sh. Ajay Bhandari in the memory of his father Sh. Balraj Bhandari.

INDIVIDUAL ACTIVITIES


i) Shiv Kumar, Associate Professor of Economics, participated in state level workshop on "Quality Assessment & Accreditation through NAAC " organized by The Department of Higher Education, Government of Punjab in collaboration with Rayat-Bahra University, Mohali on February 23, 2022.


ii) Rajni Kant, Assistant Professor of Economics, presented a paper on "Public Expenditure and Income Distribution in Punjab" in 4 th International Conference on "Emerging trends in Research and Development: Sustainability, Challenges and Statergies" organized by RIMT University, Mandi Gobindgarh on December 07, 2021.

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