The Department of Economics was established in 1957 with an undergraduate course in Economics . The programs of the Department of Economics aim to provide the students with the concepts and the tools that will enable them to understand, analyse, and eventually contribute to solving the economic problems confronting our societyThe Department has the distinction of having developed a unique and challenging curriculum and syllabus at the Undergraduate and Postgraduate levels. Students are trained to analyze concrete problems with the help of conceptual frames, theoretical insights and mathematical, statistical and econometric tools along with computer applications. Areas of specialization include Development Economics, Environmental Economics, Econometrics, Mathematical Economics, Money and Finance, Institutional Economics, Micro and Macro studies.