DEPARTMENT PROFILE

The teaching of Economics at under-graduate level was started in the year 1970, which was also the establishment year of N S Patel Arts College. The institute paid the debt of society by rendering established and renowned dignitaries to the society from the year of its initiation. The PG- Department of Economics began in the year 2005 and has two divisions at present time. The Department has earned four gold medals at Under Graduate level. The one and only gold medal (in agricultural Economics) at PG level is proud for us as we are the first among all other PG departments to achieve it. Economics is the Social Science that analyses the production, distribution and consumption of goods and services. A focus of the subject is how economics agents behave or interact and how economics work. A primary textbook distinction is between microeconomics and macroeconomics. Micro economics examines the behaviour of basic element in the economy, including individual household, firms, buyers, sellers, markets and their interactions. But, macroeconomics analyses the entire economy and issues affecting it, including unemployment, inflation and economic growth, monetary and fiscal policy. "

DEPARTMENT OF ECONOMICS

N.S.PATEL ARTS COLLEGE

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