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Department of Economics

Guru Ghasidas Vishwavidyalaya, Bilaspur | School of Studies of Social Science

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The Department of Economics, a pioneering institute Department of Economics of Guru Ghasidas Vishwavidyalaya, was established in 1989 with a key focus on capacity building. The Department has a long tradition of imparting quality education and conducting in-depth research with special focus on economic issues and planning. The department has envisioned to produce the best economist through exploring the economic study & analysis for policy framing and implementation challenges faced by the Indian and global economy to make a better society and a better world. We have dedicated faculty members who are highly efficient and specialized in research, academics and administrative work. The world economy is facing a relentless crisis in the recent past; the subprime crisis of 2008, the Euro crisis, and the COVID-19 pandemic have deepened unemployment and poverty severely. If not addressed properly, this may increase existing inequalities, and that way break social harmony and increase tension and turbulence. This makes economics crucial and the most important discipline. Career opportunities for the students who have specialisation in economics are: Indian Economic Services, various State and National level Planning Commission, Banking sector, Academics, PSUs, and Research, etc. It also encourages students to hold opportunities in various other disciplines. The department conducts seminars, webinars, conferences, and workshops, apart from this, the students also do internships. Every year, Students qualify the UGC-NET and JRF and obtain different Fellowships. Many of our alumni hold prominent positions in academics, research and administrative spheres across the country. The department is continuously achieving new heights; students and alumni are touching the sky of great success. A degree in Economics opens up vast career opportunities in various sectors in India. Undergraduate (UG) students can explore careers in banking, financial services, stock markets, consulting, and data analytics. Post Graduate (PG) students have wide scope in research, policy making, international business and financial analysis. They may work with institutions like Reserve Bank of India (RBI), NITI Aayog, World Bank and private firms in investment banking, risk management and economic consultancy. PhD holders can enter academia, high-level policy research, and international organizations.

Vision of the Department
To emerge as a centre of excellence by exploring new frontiers in knowledge, research and innovativeness in Economics.
Mission of the Department
1. To develop the Department as an excellent centre of learning. 2. To increase students’ competency through interpersonal and social skills to deal with the real-world situations. 3. To improve the employable skills of the students both for self-employment and valued placement.
Achievements
1. Students have been continuously getting good placements. 2. Students are qualifying national level tests like NET, JRF, SET etc. in Economics. 3. Research papers published in reputed national and international journals, patents etc.
Future Plans
1. To orient the syllabus as per the requirements of industries. 2. To focus on ICT and soft skills of students. 3. Shaping the department as a research hub of community development. 4. Enabling policy actions through academic interaction with different stake holders like academia, local government, and bureaucrats as per needs of the local community. 5. To apply for research projects and grants from various funding agencies. 6. To encourage alumni involvement in the developmental process of the Department. 7. To increase access for students from different countries to undertake degree/diploma from this Department. 8. To conduct international seminars, symposia and conferences, and 9. To undertake research projects in collaboration with global/multi-lateral agencies.
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