The Department of Economics is carrying forward its service to the college under the constant support, guidance and encouragement of the Rector and Principal of the college, Rev. Fr. Dr. Dominic Savio S.J. The faculty members along with the students of the department form a very cohesive team. The department has a total of ten faculty members — Rev. Dr. Dominic Savio, SJ (Principal), Prof. Dr. Partha Pratim Ghosh and (HOD), Prof. Bipra Kumar Das, Prof. Dr. Ranjanendra Narayan Nag, Prof. Dr. Pia Ghoshal, Prof. Dr. Urmi Mukherjee, Prof. Soumyajit Mandal, Prof. Dr. Saswati Chaudhuri, Prof. Dr. Samrat Roy and Prof. Dr. Mriduchhanda Chattopadhyay. The department has been blessed by the constant support and guidance from Rev. Fr. Dr. J. Felix Raj S.J. (erstwhile Principal, St. Xavier’s College (Autonomous), Kolkata and Vice-Chancellor, St. Xavier’s University) and Rev. Fr. Dr. Dominic Savio S.J. (Principal, St. Xavier’s College (Autonomous), Kolkata) who have been part of the department, helping it achieve new heights and meet new challenges. The undergraduate course in Economics offered by the department is one of the best by any standards.

The faculty members not only participate in the teaching-learning process but also engage themselves in collaborative and individual research. Rev. Dr. Dominic Savio, SJ (Principal), Prof. Dr. Nag, Prof. Dr. Ghosh, Prof. Ghoshal, Prof. Dr. Chaudhuri, Prof. Dr. Roy , Prof. Dr. Mukherjee and Prof. Dr. Chattopadhyay 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. All faculty members 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

• Indian Statistical Institute
• Delhi School of Economics
• Jawaharlal Nehru University
• Indira Gandhi Institute of Development Research, Mumbai
• Madras School of Economics, Chennai
• University of Calcutta
• Jadavpur University
• Banaras Hindu University
• Indian Institute of Management
• XLRI, Jamshedpur
• London School of Economics
• Oxford University
• 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:

• IIT Kharagpur
• IIM Calcutta
• Jadavpur University, Kolkata.
• St. Stephen’s College, Delhi.
• Indian Statistical Institute, Kolkata
• Bengal Economic Association
• Presidency University, Kolkata
• St Xavier’s College, Mumbai
• 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. The students of the department collaborated with the NSS Department to study the local rural economy of West Bengal to understand the rural problems and devise policy prescriptions to address the rural problems. They visited four villages of Debipur, Nurshidachowk, Paikhala and Hogulkuria in March and April 2017. They had very fruitful interactions with the villagers, on the basis of which the students prepared a report on every village. Their experiences and their suggestions were discussed in an interactive session supervised by Prof Kausik Gupta and Prof Ajitava Raychaudhuri. The Department of Economics, St Xavier’s College (Autonomous), Kolkata organized the twelfth edition of its Annual Economics Summit-Confluence on the 18th of September, 2017 with the theme “Globalization and the Indian Economy”. The theme for this day long Economics Summit aimed at critically evaluating the concept of globalization in the backdrop of the current Indian Economic landscape. Confluence XII was graced by Prof Kausik Gupta, Former Vice chancellor of West Bengal state University, Barasat, who was the Chief Guest for the occasion. Rev. Fr. Dr. Dominic Savio S.J. and Prof Kausik Gupta inaugurated Confluence XII and shared their insights regarding the theme of the event. The 17th edition of the departmental magazine, Eco Echoes was also launched during the programme.

The Panel Discussion witnessed the stalwarts of the economic circle of Calcutta exchanging their views on the topic “Macroeconomic management of Fiscal Deficit: The Indian Perspective”. Moderated by Prof Biswajit Chatterjee, this discussion saw the participation of Prof Ajitava Raychaudhuri, Prof Ambarnath Ghosh and Prof Byasdev Dasgupta, which immensely benefitted the audience during the session. One of the most intellectually stimulating events of the summit was ‘Exposition’ where students made use of their analytical skills and theoretical knowledge to delve deep into the issues of contemporary relevance. This year, the topics were aptly chosen to be ‘Monetary Policy in a developing economy’, ‘Globalisation and inequality’, ‘Oil price crisis’ and ‘Child labour in a developing economy.

Other events included two flagship events- ‘State of Affairs’ and ‘Crisis’, couple of online events like Investomania and Scriptus, which were equally challenging and saw participation from students in huge numbers. The summit also comprised of Debate and Quiz which sought to strengthen the spirit of inquiry and reason within the participants.