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Program Specific Outcome
• Students of Economics acquire a detailed knowledge of various economic concepts, theories and the application of Economic principles in the real world.
• Understand a wide array of various economic aspects impacting our day-to-day lives.
• Ability to build on their decision-making skills involving critical thinking which is so very characteristic of a discipline such as Economics.
• Able to promote and enhance financial literacy.
• Acquire a greater insight into Economics from the perspective of micro level to macro level and various aspects from national to international economic affairs.
• Become more appreciative of the need for the rational utilisation of resources.
• Knowledgeably aware of the functioning of the national economy and its economic issues as well as that of the world economy and the need to address those concerns.
• A better perspective of different economic systems in the world.
• Able to analyse and understand public economics with attention on regional and national matters.
NEP Syllabus Course Outcomes (COs)
I Semester-DSC 1.1.: Economic Analysis -I
By the end of the course the student will be able to:
1. Identify the facets of an economic problem.
2. Learn basic economic concepts and terms.
3. Explain the operation of a market system;
4. Analyse the production and cost relationships of a business firm;
5. Evaluate the pricing decisions under different market structures; and
6. Use basic cost-benefit calculations as a means of decision making (i.e., thinking like an economist)
I Semester-DSC 1.2: Contemporary Indian Economy
1. Understand the current problems of Indian Economy
2. Identify the factors contributing to the recent growth of the Indian economy
3. Evaluate impact of LPG policies on economic growth in India
4. Analyze the sector specific policies adopted for achieving the aspirational goals
5. Review various economic policies adopted
II Semester-DSC 2.1: Economic Analysis – II
1. Understand the operation of the overall economic system;
2. Calculate national income and related aggregates
3. Explain the relationship between macroeconomic aggregates;
4. Analyse the nature of business cycles and policies towards controlling them;
5. Evaluate the macroeconomic policies for solving major problems like poverty and unemployment
II Semester-DSC 2.2: Karnataka Economy
1. Understand the nature of economic growth and problems of Karnataka state.
2. Explain the process of structural growth in Karnataka economy;
3. Evaluate the policies and programmes undertaken by the Govt. of Karnataka for bringing about socio-economic development
III Semester-DSC-3.1: Microeconomics
1. Understand introductory economic concepts.
2. Recognize basic supply and demand analysis.
3. Recognize the structure and the role of costs in the economy.
4. Describe, using graphs, the various market models: perfect competition, monopoly, monopolistic competition, and oligopoly.
5. Explain how equilibrium is achieved in the various market models.
6. Identify problem areas in the economy, and possible solutions, using the analytical tools developed in the course.
III Semester-DSC-3.2.2: Agriculture Economics
1. Acquire knowledge of the role of agriculture in economic development
2. Acquire the theoretical and application knowledge of agricultural growth and development
3. To enable the students to understand the Strategy of Agricultural Development in India,
4. To make the students aware of institutional and non-institutional sources of agricultural Finance
IV Semester-DSC-4.1: Macroeconomics
1. Acquire knowledge on the circular flow of income in two sectors, three and four-sector model
2. Understand and learn the calculation of national income
3. Appreciate the classical and Keynesian theory of Employment
4. Understand the concepts of multiplier and accelerator and leaning the simple Calculation on the working of Multiplier and Accelerator
5. Acquire knowledge of the determinants of the Investment function
IV Semester-DSC-4.2.2: Monetary Economics
1. Acquire knowledge of the supply and demand of Money
2. Understand and interest in determination theories.
3. Appreciate the Implications for Monetary Management
4. Understand the relationship between inflation and unemployment
5. Acquire knowledge of the working of business cycles
V Semester-DSC 9: Public Economics
1. Understand introductory Public Finance concepts.
2. Study the causes of market failure and corrective actions
3. Understand the impact, incidence and shifting of tax
4. Study the Economic Effects of tax on production, distribution and other effects
5. Enable the students to know the Principles and Effects of Public Expenditure
6. Understand the Economic and functional classification of the budget; Balanced and Unbalanced budget
7. Understand the Burden of Public debt and know the Classical/ Ricardian views, Keynesian and post-Keynesian views
8. To acquaint with the advantages and disadvantages of Deficit Financing
V Semester-DSC 10: Development Economics
1. Understand the basic concepts and measurements of Development.
2. Learn some classical and partial theories of Development economics and identify the difference.
3. Identify the difference between Developed and Developing Countries.
4. Analyse and tackle the Development issues effectively.
V Semester-DSC 11: Economics of Human Resource Management
1. Understand the meaning, nature, scope and value of the contemporary approach to human resource management with reference to Economics.
2. To describe an organisation of a human resource management functionary in an establishment, and to identify attributes of a successful personnel manager.
3. To impart knowledge and techniques in human resource planning, Job-Analysis, and Job-Design.
4. To explain various methods of recruitment, selection, induction and placement.
5. To develop the importance and methods adopted for training and development of employees in today’s environment in the workplace.
VI Semester-DSC 12: Indian Banking and Finance
1. Understand the structure of Indian banking and the role of banks in monetary policy.
2. Analyze the functioning of banks and different types of accounts and other services offered by banks.
3. Evaluate recent developments in the Indian banking sector, including digital banking, payment banks, and non-performing assets.
4. Describe the overview of the Indian financial system, including financial markets, financial instruments, and financial regulation.
5. Analyze the challenges faced by Indian banks and the implications of banking reforms for the Indian economy.
6. Develop critical thinking and analytical skills in evaluating various financial products and services banks and capital markets offer.
VI Semester-DSC 13: International Economics
1. Understand the international trade theories and their application in international trade
2. Explain the concept of terms of trade and demonstrate the effect of trade barriers; and display the ability to analyse the stages of economic integration
3. Understand the concept of BoP and assess the BoP position and examine the changes in forex rate
4. Analyse the role of International trade and financial institutions
5. Demonstrate good inter-personal and communication skills through class participation and contributing to critical discussion on trade issues
VI Semester-DSC 14: Indian Public Finance
1. Understand the structure of Indian Public Finance
2. Enable the students to know the Source and nature of public revenue and expenditure
3. Understand the Budget and different concept of deficits
4. Know the Public debt and its management
5. Understand the fiscal and monetary policy and their tools and importance
6. To enable the students to know the Indian federal financing system and Financial Commissions
• Students of Economics acquire a detailed knowledge of various economic concepts, theories and the application of Economic principles in the real world.
• Understand a wide array of various economic aspects impacting our day-to-day lives.
• Ability to build on their decision-making skills involving critical thinking which is so very characteristic of a discipline such as Economics.
• Able to promote and enhance financial literacy.
• Acquire a greater insight into Economics from the perspective of micro level to macro level and various aspects from national to international economic affairs.
• Become more appreciative of the need for the rational utilisation of resources.
• Knowledgeably aware of the functioning of the national economy and its economic issues as well as that of the world economy and the need to address those concerns.
• A better perspective of different economic systems in the world.
• Able to analyse and understand public economics with attention on regional and national matters.
NEP Syllabus Course Outcomes (COs)
I Semester-DSC 1.1.: Economic Analysis -I
By the end of the course the student will be able to:
1. Identify the facets of an economic problem.
2. Learn basic economic concepts and terms.
3. Explain the operation of a market system;
4. Analyse the production and cost relationships of a business firm;
5. Evaluate the pricing decisions under different market structures; and
6. Use basic cost-benefit calculations as a means of decision making (i.e., thinking like an economist)
I Semester-DSC 1.2: Contemporary Indian Economy
1. Understand the current problems of Indian Economy
2. Identify the factors contributing to the recent growth of the Indian economy
3. Evaluate impact of LPG policies on economic growth in India
4. Analyze the sector specific policies adopted for achieving the aspirational goals
5. Review various economic policies adopted
II Semester-DSC 2.1: Economic Analysis – II
1. Understand the operation of the overall economic system;
2. Calculate national income and related aggregates
3. Explain the relationship between macroeconomic aggregates;
4. Analyse the nature of business cycles and policies towards controlling them;
5. Evaluate the macroeconomic policies for solving major problems like poverty and unemployment
II Semester-DSC 2.2: Karnataka Economy
1. Understand the nature of economic growth and problems of Karnataka state.
2. Explain the process of structural growth in Karnataka economy;
3. Evaluate the policies and programmes undertaken by the Govt. of Karnataka for bringing about socio-economic development
III Semester-DSC-3.1: Microeconomics
1. Understand introductory economic concepts.
2. Recognize basic supply and demand analysis.
3. Recognize the structure and the role of costs in the economy.
4. Describe, using graphs, the various market models: perfect competition, monopoly, monopolistic competition, and oligopoly.
5. Explain how equilibrium is achieved in the various market models.
6. Identify problem areas in the economy, and possible solutions, using the analytical tools developed in the course.
III Semester-DSC-3.2.2: Agriculture Economics
1. Acquire knowledge of the role of agriculture in economic development
2. Acquire the theoretical and application knowledge of agricultural growth and development
3. To enable the students to understand the Strategy of Agricultural Development in India,
4. To make the students aware of institutional and non-institutional sources of agricultural Finance
IV Semester-DSC-4.1: Macroeconomics
1. Acquire knowledge on the circular flow of income in two sectors, three and four-sector model
2. Understand and learn the calculation of national income
3. Appreciate the classical and Keynesian theory of Employment
4. Understand the concepts of multiplier and accelerator and leaning the simple Calculation on the working of Multiplier and Accelerator
5. Acquire knowledge of the determinants of the Investment function
IV Semester-DSC-4.2.2: Monetary Economics
1. Acquire knowledge of the supply and demand of Money
2. Understand and interest in determination theories.
3. Appreciate the Implications for Monetary Management
4. Understand the relationship between inflation and unemployment
5. Acquire knowledge of the working of business cycles
V Semester-DSC 9: Public Economics
1. Understand introductory Public Finance concepts.
2. Study the causes of market failure and corrective actions
3. Understand the impact, incidence and shifting of tax
4. Study the Economic Effects of tax on production, distribution and other effects
5. Enable the students to know the Principles and Effects of Public Expenditure
6. Understand the Economic and functional classification of the budget; Balanced and Unbalanced budget
7. Understand the Burden of Public debt and know the Classical/ Ricardian views, Keynesian and post-Keynesian views
8. To acquaint with the advantages and disadvantages of Deficit Financing
V Semester-DSC 10: Development Economics
1. Understand the basic concepts and measurements of Development.
2. Learn some classical and partial theories of Development economics and identify the difference.
3. Identify the difference between Developed and Developing Countries.
4. Analyse and tackle the Development issues effectively.
V Semester-DSC 11: Economics of Human Resource Management
1. Understand the meaning, nature, scope and value of the contemporary approach to human resource management with reference to Economics.
2. To describe an organisation of a human resource management functionary in an establishment, and to identify attributes of a successful personnel manager.
3. To impart knowledge and techniques in human resource planning, Job-Analysis, and Job-Design.
4. To explain various methods of recruitment, selection, induction and placement.
5. To develop the importance and methods adopted for training and development of employees in today’s environment in the workplace.
VI Semester-DSC 12: Indian Banking and Finance
1. Understand the structure of Indian banking and the role of banks in monetary policy.
2. Analyze the functioning of banks and different types of accounts and other services offered by banks.
3. Evaluate recent developments in the Indian banking sector, including digital banking, payment banks, and non-performing assets.
4. Describe the overview of the Indian financial system, including financial markets, financial instruments, and financial regulation.
5. Analyze the challenges faced by Indian banks and the implications of banking reforms for the Indian economy.
6. Develop critical thinking and analytical skills in evaluating various financial products and services banks and capital markets offer.
VI Semester-DSC 13: International Economics
1. Understand the international trade theories and their application in international trade
2. Explain the concept of terms of trade and demonstrate the effect of trade barriers; and display the ability to analyse the stages of economic integration
3. Understand the concept of BoP and assess the BoP position and examine the changes in forex rate
4. Analyse the role of International trade and financial institutions
5. Demonstrate good inter-personal and communication skills through class participation and contributing to critical discussion on trade issues
VI Semester-DSC 14: Indian Public Finance
1. Understand the structure of Indian Public Finance
2. Enable the students to know the Source and nature of public revenue and expenditure
3. Understand the Budget and different concept of deficits
4. Know the Public debt and its management
5. Understand the fiscal and monetary policy and their tools and importance
6. To enable the students to know the Indian federal financing system and Financial Commissions