Economics & Rural Development

Department Details

The college was established in 1973-74 and this college is affiliated to Mumbai University. The Department of Economics was established on 1st July 1974. There are different courses for B.A., B.Com. There are Business Economics courses for M.Com and programs. B.A. General Economics and Rural Development are being taught. M.Com I. and M.Com. II, Business Economics and Research Methods are taught respectively. There is complete economics for TYBA.

Professor Mahadev Karve was the head of the department of economics from 1973-74 to 1978-79. Prof. Aadinath Sangle was the head of thedepartment from 1979-80 to 1996-97. Prof. Sanjivani Deccanwar was the head of the department of economy from 1997-98 to 2009-10. Prof. Dharma Koli was the head of the department of economics from 2010-11 to 2022-23. Now Dr. L. S. Sitafule is a head of the department of economics from 2023-24.


Academic plan for 2018-19 to 2022-23

June Dept. of Economics organized meeting about academic planning
July Department organizing programme on World population Day
August · Organizing : Group discussion on the various topics of related to current affairs of economy

· Conducting  test for FY students know there learning skill and know the slow learners


September Arranging Carrier guidance lecture for students of economics
October Conducting  test of students to know the understanding of learned syllabus
November Dept. faculties participating in CAP of college & university examinations of second half 2018
December Arrange the camp for FYBA/SYBA Rural Development students
January Study tour / field visits of TYBA students
February Conducting surprise test for students
March Presentation and discussion on Union Government Budget
April Dept. faculties participating in CAP of college & university examinations of first half 2018


 Department of Economics
Course Outcome
 S. Y. B.Com.  Semester – III
Business Economics III
(Elements of Macroeconomics )

An overall approach to macroeconomics is to examine the economy as a whole. This course is an introduction to the basic analytical tools of macro economics to evaluate macro economic conditions such as inflation, unemployment and growth. It is designed to make system of overall economy understandable and relevant. The aim is to provide a clear explanation of many aspects of aggregate economic variables to inspire a consistent way of thinking about key macroeconomic phenomena. It intends to familiarize the commerce students with basic concepts of macroeconomics and with certain common features of economic occurrence in the real world.

Business Economics IV

(Foundation of Public Finance)

Public Finance Issues are central to economic and Political discourse worldwide, as one of the primary functions of government is to generate resources from its people to spend money for improving the lives of its people. The primary objective of this course is to provide students with the tools to understand the underlying concepts and practical tradeoffs entailed in Public finance policy alternatives. It is strongly recommended to analyze Union budget of ongoing financial year in the class room.

T. Y. B. A. Economics

Semester - V

Microeconomics III: Paper VII

The course is designed to provide sound training in microeconomic theory. Since students have already studied the perfect competition, the focus of this course is on the study of imperfect completion and general equilibrium and welfare economics.

Economic History of India: 1857-1947: Paper IX

This course analyses key aspects of Indian economic development during the second half of British colonial rule. It investigates the place of the Indian economy in the wider colonial context, and the mechanisms that linked economic development in India to the colonial rule

Environmental Economics: Paper XI

This course focuses on economic causes of environmental problems. In particular, economic principles are applied to environmental questions and their management. Economic implications of environmental policy are addressed as well as valuation of environmental improvements.

Semester - VI

Macroeconomics III: Paper XIII

This course introduces the students to formal modeling of a macroeconomic theory with analytical tools. It discusses goods market with fixed exchange rate, the money market, uncovered interest rate parity and the benefits and costs of fixed and flexible exchange rate

International Economics: Paper XIV

This course develops a systematic exposition of models that try to explain the composition, direction, and consequences of international trade, and the determinants and effects of trade policy. It then builds on the models of open economy macroeconomics developed in courses 08 and 12, focusing on national policies as well as international monetary systems. It concludes with an analytical account of the causes and consequences of the rapid expansion of international financial flows in recent years. Although the course is based on abstract theoretical models, students will also be exposed to real-world examples and case studies.

Indian Economic Thought: Paper XV

The history of Indian economic thought provides rich insights into both economic issues and the workings of the Indian mind. It will give the student an introduction to major Indian thinkers and their ideas on Indian economic policy.

Development Theory And Experience: Paper XVII

This is the second paper of economic development sequence. The course begins with demographic concepts and their evolution during the process of development. Then it focuses on the theory migration and discusses the link between migration and development. The structure of markets and contracts is linked to the particular problems of enforcement experienced in poor countries. The course ends with the issues related to environment and development.

Details Of Course


Sr. No.

B.A. B.Com
Sem. I Micro Economics Introduction

to Rural Development

Business Economics I
Sem. II Micro Economics Introduction

to Rural Development

Business Economics II
Sem. III Macro Economics Indian Economy Rural Development II & III Business Economics III
Sem. IV Macro Economics Indian Economy Rural Development II & III Business Economics IV
Sem. V Six Papers for Both Sem. V&VI


4. Advanced Economics Theory

5. Growth & Development

6. Agri. & Cooperation

7. Indian economic history (1857-1947)

8.History of economic thoughts

Business Economics V
Sem. VI Business Economics IV

Post- Gradate

Sr. No. M. Com Part I & II
Sem. I Business Economics I
Sem. II Research Methodology
Sem II Business Economics II
Sem. III Project Work
Sem. IV Project Work

Guest Lecture

Sr. No. Document Name Action
1 Guest Lecture Invitation View/Download

Staff Details

Sr. No Name Designation Qualification Photo
1 Prof. D. R. Koli Head & Associate Professor

Up to 30/05/2023

2 Dr. L. S.  Sitafule Head & Assistant Professor

From 01/06/2023

3 Dr. G. B. Mangade


Assistant Professor  -
4 Shri. J. M. Giramkar Assistant Professor  -


Sr. No. Document Name Action
1 F.Y.B.A./F.Y.B.Sc Macro Economics Paper I Sem II View/Download
2 T.Y.B.A Economics Sem V and VI View/Download
3 Rural Development View/Download
4 T.Y.B.A. Economics Final Sem V and VI View/Download
5 S.Y.B.A. Indian Economics Syllabus View/Download
6 F.Y.B.A. MicroEconomics I Sem I and II View/Download
7 S.Y.B.A. Rural Development Sem III and IV View/Download
8 S.Y.B.A. Sem IV MacroEconomics II View/Download


Sr. No. Document Name Action
1 Economics Result 2022-2023 View
2 Economics Result 2021-2022 View
3 Economics Result 2020-2021 View
4 Economics Result 2019-2020 View
5 Economics Result 2018-2019 View

Annual Report

Sr. No. Document Name Action
1 Annual Report 2022-2023 View
2 Annual Report 2021-2022 View
3 Annual Report 2020-2021 View
4 Annual Report 2018-2019 View

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