Category: Economics Faqs

In international trade, many students ask me about why bigger countries often appear desperate to trade with poor, smaller states. Well, in order to improve the standards of living for local people, prices must be as low as possible for the best quality; that is why we do not care much about ‘Absolute advantage’ (the…

The total welfare to the overall economy can be measured by summing up the benefits to both consumers and suppliers in the above model. Consumer surplus (CS) – represented by Triangle ‘bEp’; it denotes the amount that consumers were willing to pay but end up ‘saving’ after paying a lower price. The demand curve shows that…

Many questions in Economics are about conditions that occur at/around ‘equilibrium’, and most of the students I encounter, although they can draw the graph/s, later fail to interpret/analyse them correctly in order to earn full marks. The following illustrations will help you grasp the overall concept behind economic graphs and how we can use them…

The Economics faculty is highly dedicated towards students and is easily approachablein college hours for all kinds of extra help and support, not only in Economics discipline, butalso for any other problems that student faces.

Our students have smoothly obtained their degrees in this course and reported to havecherished studying Economics; however, it does require sincerity and regularity in studies

Economics only demands sincerity and consistency in studies and in no way constrainsthe student to pursue her extra-curricular interests. Our students not only participate, but excel insports, music, dance, dramatics etc.

Yes, the student needs to choose her main subjects in BA program right at the time ofadmission.

Our students are placed across the country holding respectable posts at high levels ingovernment departments and ministries, multinational companies, academic institutions etc.

Knowledge of Economics beautifully complements many other subject areas, rangingfrom sociology, psychology, political science, geography, history, law, mathematics, statistics,finance, business and management.

The Economics department offers the opportunity to gather all kind of knowledge onIndian economy, government budget, research methodologies, statistical analysis, data analysis,computational analysis etc. through its skill enhancement courses, which form a core part ofmost of the entrance and competitive examinations.