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The department of Economics was established in the year 1959.The Department of Economics is a division within a college or university that is dedicated to the study of how individuals, businesses, and governments make decisions about the allocation of resources. Economics is a social science that seeks to understand how markets and economies work, and how they can be influenced by policy decisions. In a Department of Economics, faculty members conduct research and teach courses in areas such as microeconomics, macroeconomics, econometrics, international trade, and public policy. Students in the department typically study economics in order to gain knowledge and skills in quantitative analysis, critical thinking, and problem-solving, as well as to prepare for careers in fields such as finance, consulting, public policy, and academia. The ultimate goal of the Department of Economics is to contribute to the advancement of economic knowledge and to prepare students for success in a global econimic.


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