PROGRAMME OUTCOMES
PO1 
The students will develop a comprehensive understanding of the advanced concepts of economics and will analyse different economic theories pertaining to various sub fields of economics along with the application of mathematics and statistics in economics. 
PO2 
The students will develop the ability to express their thoughts and ideas effectively not only in writing but also verbally and will be able to communicate effectively with others. 
PO3 
Students will develop the capacity to apply their knowledge to solve different kinds of economic problems and provide a more practical solution to the contemporary economic problems. 
PO4 
The students will be able to collect data from relevant sources, analyse and interpret the collected data, draw valid conclusions and support them with evidence and examples. 
PO5 
The students will enrich their ability to work in a group of people effectively and responsibly so as to achieve the interest of a common cause. 
PO6 
The students will sharpen their ability to collect, analyse and interpret qualitative and quantitative data and thus draw conclusions by applying scientific reasoning. 
PO7 
The students will develop the capability to analyse the data through use of various software like MS Excel, SPSS, Stata and EViews. 
PO8 
The students will develop the capacity to identify appropriate information and data, represent and analyse it through software and with the help of results so received, explain the results. 
PO9 
The students will critically evaluate economic policies and theories and will learn to apply them in real life situations. 
PO10 
The students will acquire leadership skills which will help them to influence and guide their team to act towards achieving a shared goal. 
PO11 
Students will develop the ability to acquire knowledge and skills and to adapt to the changing scenario in institutional and societal setup. 
PO12 
Students will develop the ability to identify cause and effect relationships, formulate and test hypotheses, interpret and draw conclusions from the data. 
PROGRAMME SPECIFIC OUTCOMES
PSO 1 
Understand the basic concepts of microeconomics and optimizing behavior of consumers, producers and firms and analyze different alternative theories of firms, market structures, market externalities, general equilibrium and welfare economics. 
PSO 2 
Understand the basic concepts of macroeconomics and the determination of income, output and employment and other related concepts according to the classical and Keynesian system and comprehend the fundamentals of postKeynesian, new classical and new Keynesian schools of thought. 
PSO 3 
Learn about the various mathematical tools like differentiation, integration, linear programming, game theory, etc. and their applications in economic analysis. 
PSO 4 
Learn about the various statistical tools like descriptive measures, bivariate analysis, time series, probability distributions and hypothesis testing and their applications in economic analysis. 
PSO 5 
Acquire knowledge of the development process of Indian economy and the growth of primary, secondary and tertiary sectors and understand the economic reforms, planning and various issues related to Indian economy. 
PSO 6 
Gain understanding of the use of Microsoft Excel for data analyzing techniques. 
PSO 7 
Comprehend the theories of economic growth, growth models, various sectoral aspects of development, and the process of planning and development. 
PSO 8 
Understand the microeconomic and macroeconomic models with a mathematical perspective. 
PSO 9 
Understand the evolution of various theories of international trade, dynamics of economic growth and trade, protectionism, forms of economic integration, balance of payments, different aspects of foreign exchange markets and the role of international organizations. 
PSO 10 
Learn the mathematical analysis and interpretation of microeconomic and macroeconomic theories. 
PSO 11 
Understand the role of financial system, functions of regulatory bodies in the financial sector and the different aspects of money and capital markets. 
PSO 12 
Develop an understanding of the basic concepts of environmental economic, assessment of environmental decisions and addressing various issues related to sustainable development and global environmental management. 
PSO 13 
Understand the relevance and application of economics in health sector and the concepts of healthcare financing and healthcare insurance. 
PSO 14 
Understand the concepts and theories related to public revenue, expenditure and debt; federal finance, budgetary process and costbenefit analysis. 
PSO 15 
Gain understanding of the use of SPSS for data analyzing techniques. 
PSO 16 
Acquire knowledge about the basics of research and forming a research proposal and dissertation report. 
PSO 17 
Gain knowledge of the theoretical foundations of estimation and interpretation of simple and multiple linear regression models; violation of assumptions of the classical linear regression model and models dealing with time series and panel data. 
PSO 18 
Acquire knowledge of the use of software EViews for estimation and interpretation of simple and multiple regression models; violation of assumptions of the classical linear regression model and models dealing with time series and panel data. 
COURSE ARTICULATION MATRIX: (MAPPING OF COS WITH PSOs)
Course 
COs 


PSO1 
PSO2 
PSO3 
PSO4 
PSO5 
PSO6 
PSO7 
PSO8 
PSO9 
PSO10 
PSO11 
PSO12 
PSO13 
PSO14 
PSO15 
PSO16 
PSO17 
PSO18 

ECO 121 
CO1 
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CO2 
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ECO 122 
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CO2 

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X 

















CO5 

X 

















ECO 123 
CO1 



X 














CO2 



X 















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X 















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ECO 124 
CO1 




X 













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X 














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X 














ECO 125 
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X 

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X 


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X 


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X 


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ECO 126 
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ECO 221 
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ECO 222 
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ECO 223 
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ECO 224 
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X 













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X 














ECO 225 
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X 




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X 





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X 





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X 





ECO 226 
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X 



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X 




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X 




ECO 321 
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ECO 322 
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ECO 323(A) 
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ECO 323(B) 
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ECO 324(AT)

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ECO 324(AP) 
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ECO 324(B) 
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ECO 325 
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ECO 421 
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X 









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X 










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ECO 422 
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X 












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X 












ECO 423(A) 
CO1 







X 










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ECO 423(B) 
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X 







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ECO 424(AT) 
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X 


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X 


ECO 424(AP) 
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ECO 424(B) 
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ECO 425 
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