NIHIL ULTRA: Nothing Beyond

Department of Economics (B.Sc.)

PROF. Pia Ghoshal M.Sc., M.Phil.
Head of the Department

The Department of Economics is carrying forward its service to the college under the able guidance of the Principal of the college, Rev. Fr. Dr. J. Felix Raj S.J. The faculty members along with the students of the department form a very cohesive team. The department has a total of five full time faculty members - Prof. Dr. Mallinath Mukherjee, Prof. Bipra Kumar Das, Prof. Dr. Ranjanendra Narayan Nag, Prof. Dr. Partha Pratim Ghosh and Prof. Pia Ghoshal (HOD). The undergraduate course in Economics offered by the department is one of the best by any standard.
The faculty members not only participate in the teaching-learning process but also engage themselves in collaborative and individual research. Prof. Dr. Mukherjee, Prof. Dr. Nag Prof. Dr. Ghosh and Prof. Ghoshal have published papers in academic journals. Prof. Dr. Nag also enjoys the distinction of supervising dissertations at the M.Phil. and Doctoral levels. Prof. Dr. Ghosh has successfully completed a research project. Prof. Dr. Nag, Prof. Dr. Ghosh and Prof. Ghoshal have presented and co-authored papers at National and International Conferences.
The academic performance of the students has been brilliant. The placement record of students who have completed their under graduate course deserves a very special mention. They have secured admissions in various post graduate courses, premier institutes and business schools at home and abroad such as

  1. Indian Statistical Institute
  2. Delhi School of Economics
  3. Jawaharlal Nehru University
  4. Indira Gandhi Institute of Development Research, Mumbai
  5. Madras School of Economics, Chennai
  6. University of Calcutta
  7. Jadavpur University
  8. Banaras Hindu University
  9. Indian Institute of Management
  10. XLRI, Jamshedpur
  11. London School of Economics
  12. Oxford University
  13. Warrick University

Our students also take part in numerous academic and extracurricular fests of esteemed institutes and make the department proud by distinguishing themselves. Several papers are presented by the students of the department at various seminars every year. A number of these events were organized by the premier institutes listed below:

  1. IIT Kharagpur
  2. IIM Calcutta.
  3. Jadavpur University, Kolkata.
  4. St. Stephen's College, Delhi.
  5. Indian Statistical Institute, Kolkata
  6. Bengal Economic Association
  7. Presidency University, Kolkata
  8. St Xavier's College, Mumbai
  9. St. Xavier's College (Autonomous), Kolkata

The Economics Department seeks to strike an optimum balance between academic and co-curricular activities to promote students' personality development along with academic grooming. This year the Economics Department organized the ninth edition of Confluence, the annual departmental summit on 24th September, 2014. This summit is an inter-collegiate academic meet for teachers, students and researchers of different colleges and institutions. The Summit draws inspiration from the emerging paradigm of academia - corporate interfacing. Students get opportunities to present their papers and participate in debates and different competitive events. The theme for this year's Summit was "Economic Reforms and Inclusive Growth". Many eminent academicians participated in this summit making it an enriching experience for the participants. Confluence 2014 saw a huge influx for over 250 participants from 19 different colleges, 4 of which were National colleges.
The summit also saw the launch of the Annual Departmental Magazine, Eco Echoes. Eco-Echoes is primarily meant for students' publications and publishes papers of not only students but also papers and interviews of academicians and corporate personalities. Students and teachers work cohesively as members of a team to organize these activities. This team spirit within a congenial family environment is the strength of the department.

The Syllabus

Economics Major is a three-year undergraduate programme, which is divided into six semesters. Currently the restructured syllabus is into its 2nd year. The aim of the course is to develop the basic tools of economic analysis used by economists working in research, academic institutions, government administration, non-governmental organizations and corporate sector. The course deals with both positive and normative issues. In particular, the course is a comprehensive blend of theory, quantitative methods and applications. Along with the use of mathematical-statistical methods and econometrics, the course is a perfect guide to creating future economists and researchers in different sectors with adequate knowledge in developmental and Indian economy. The course is designed at par with the courses of other standard Universities so that students will not face any problem while going for higher studies anywhere in India or abroad.

Some specific features of the course include:

  • Creating an analytical mindset of students and helping students to develop logical acumen to apply economic concepts to real-world problems.
  • Offering a clear perspective on emerging issues at the regional, national and international level.
  • Specific emphasis on project-oriented study based on the use of necessary software.
  • Exposure to the works of eminent economists and Nobel Laureates such as Joseph Stiglitz, Amartya Sen, Paul Krugman, Debraj Ray and Kaushik Basu, to name just a few.

The course offers the following benefits:

  • Study in a department renowned for consistently brilliant academic performance and placements of its students. In particular, the success rate of our students in different competitive examinations is absolutely phenomenal.
  • Enables a student to draw upon the strengths acquired in Mathematics and English at intermediate level to gain, through teaching, assignment, project, classroom presentation and independent study, a rigorous understanding of even the most intricate issues of the subject and development of a social awareness.
  • Prepares a student for a variety of careers in academia, the corporate world and government administration.
  • Very helpful, committed and friendly faculty who encourage interactions between teachers and students. The mission of the department is to develop education as a holistic concept and put students at the centre of all concerns.
  • Corporate placement through systematic co-ordination between the Department and well functioning Placement Cell of the College.

Students Activities

The academic performance of the students has been brilliant. The placement record of students who have completed their under graduate course deserves a very special mention. They have secured admissions in various post graduate courses, premier institutes and business schools at home and abroad such as

  1. Indian Statistical Institute
  2. Delhi School of Economics
  3. Jawaharlal Nehru University
  4. Indira Gandhi Institute of Development Research, Mumbai
  5. Madras School of Economics, Chennai
  6. University of Calcutta
  7. Jadavpur University
  8. Banaras Hindu University
  9. Indian Institute of Management
  10. XLRI, Jamshedpur
  11. London School of Economics
  12. Oxford University
  13. Warrick University
     

Apart from getting admitted in premier institutes for higher studies, many of our students perform very well in the interviews organized by the placement cell of the college and obtain jobs in leading entrepreneurships. In their own capacity too, they get involved in very lucrative professions and make the department proud.

Our students also take part in numerous academic and extracurricular fests of esteemed institutes and make the department proud by distinguishing themselves. Several papers are presented by the students of the department at various seminars every year. A number of these events were organized by the premier institutes listed below:

  1. IIT Kharagpur
  2. IIM Calcutta
  3. Jadavpur University, Kolkata
  4. St. Stephen's College, Delhi
  5. Indian Statistical Institute, Kolkata
  6. Bengal Economic Association
  7. Presidency University, Kolkata
  8. St Xavier's College, Mumbai
  9. St. Xavier's College (Autonomous), Kolkata
     

The students form an integral part of the Xavier's Economics Society which was inaugurated in 2012 by the Principal, St. Xavier's College (Autonomous). Kolkata, Rev Father Dr. J. Felix Raj S.J. Since then the society has achieved many heights.

In 2012 the society organized the annual National Economics Summit- Confluence. The Chief Guest for the event was Prof. Partha Sen from Delhi School of Economics. The Summit saw participation from colleges like Lady Shri Ram College, New Delhi, St. Stephen's College, New Delhi, St. Joseph's College, Bangalore and many other eminent colleges. The Summit offered many intellectually stimulating events such as Paper Presentation, Debate and Quiz. The students gained immense perspective by attending various lectures on "Indian Economic Policies: Rework or Reimplementation", the theme for that year, by many eminent speakers like Prof. Anindya Sen from IIM, Calcutta.

After the great success of Confluence in 2012 the society organized the annual event with much grandeur in the following years. In 2013 the theme for Confluence was "Financial Crisis in Recent Times". The Chief Guest was Prof. Abhirup Sarkar. Just like the previous years the students enjoyed lectures by leading economists. Participation continued from reputed colleges. In 2014, the theme for Confluence was, "Economic Reforms and Inclusive Growth". The Chief Guest was Dr. Achin Chakraborthy, Director Institute of Development Studies, Kolkata. There was enthusiastic participation from colleges across India.

Each year the Society launches it Economics Journal - Eco Echoes. This endeavor is undertaken by students with guidance from teachers. The themes have been as follows, "Footnotes of Yesterday, Headlines of Today: Brazil, India, China,South Africa.(2013)","Rebuilding India : A Story of Contradictions (2014)."

Delegations from the society are sent to various Economics summit across the country each year. They have won various accolades at St. Stephen's College, Lady Shri Ram College, Miranda House and St. Joseph's College, Bangalore. Delegations have also presented papers at the Bengal Economic Association. Apart from these, members of the society have published their papers in the Economics Journal of St. Stephen's College. The society has received the best delegation award at several management events like Insignia (2013) organized by Xavier's Commerce Society and Xavier's Management Convention (2013-2015) organized by Xavier's Management Society. On 23rd of September, 2015 the Department of Economics, St. Xavier's College (Autonomous), Kolkata organized the tenth Edition of Confluence with the theme "India in the Global Perspective". Confluence X was inaugurated by Rev. Fr. Dr. John Felix Raj, S.J., Principal, St. Xavier's College (Autonomous), Kolkata along with Prof. Sugata Marjit, Honorable Vice Chancellor, Calcutta University who was the chief guest for the occasion. Eminent economists participated in the panel discussion exchanging their views on "International Trade and its UnequalizingEffects". Other events included Paper presentation, Debate, Quiz, online events like Investomania and Scriptus and the flagship event Dire Straits. Students from over 18 colleges across India participated in these events. The Fifteenth edition of the annual departmental magazine, EcoEchoes was also launched in this summit. With the theme "India in the Global Perspective", EcoEchoes looked at exploring India's influence on the Global economy from all standpoints. Comprising of students' articles and guest articles from distinguished academicians, the magazine provided an interpretation of India's current position in the world economy.

Since its inception in 2012, Xavier's Economics Society (XES) has taken an active role in promoting the activities of the Department. Comprising of students under the bigger umbrella of the teachers, XES has proved its mettle with the organizational perfection of Confluence and EcoEchoes.