The Department of Economics offers courses for General and
Special Degree Programmes in Economics. This is a subject that
deals with some of the most challenging issues in the world. As
consumers, we attempt to make the best use of our limited
resources. As workers or future workers we try to make the best
use of our time. As citizens of a country, our lives are affected
by decisions of the government: amount of taxes and spending
on education and health, whether education is provided free or
through the private sector, decisions that affect a whole lot of
variables such as employment, inflation, interest rate and growth.
As earth-dwellers we are affected by the economic decisions of
each other: extent of trade, the amount of carbon dioxide we
emit to the environment due to economic activities, amount and
kind of food we demand and distances we travel. Economists
have begun to analyze some issues that were not considered
to be in the domain of economics using tools of economics:
marriage, divorce, decision to have children, democracy, gender,
etc. All these decisions are crucial for the well being of the society.
The Department of Economics attempts to train students to think
through some of these crucial decisions and teach the techniques
necessary to analyze them.