Nutan Vidya Prasarak Mandal's Arts, Commerce & Science College, Lasalgaon

POs, COs

Programme Objectives (PO) and Programme-Specific Outcomes (PSO) of the BA Economics Course offered by the Department of Economics as per Pattern 2023/CBCS/NEP2020 are as follows:

Programme Objectives (PO) of Bachelor of Arts (BA) Programme:

The objectives of a Bachelor of Arts (B.A) programme in Economics offered as per the National Education Policy [2020] are to provide complete knowledge of Economics to the students, to develop a theoretical base of the subject with the help of classical and advanced theories, to skill them to apply the knowledge in policy making in different sectors at the national and international level.

  1. To develop a strong foundation of advanced economic theory aligned with the graduation and honours program.
  2.  To help the students to gain a comprehensive understanding of policy making at various government levels such as, local, state, national and international.
  3. To help the students understand the intricacies of the policy-making process from local to global level.
  4.  To build the foundations of Economics and its inter and multidisciplinary relationship concerning pure and other social sciences.
  5.  To develop an understanding of the role of the national and international governments/institutions in building consensus about the policies that help in welfare.
  6. To develop an understanding of the role of the national and international governments/institutions in building consensus about the policies that help in welfare.
  7. To create awareness among the students about the interrelations between economy and society, and develop critical thinking on socio-economic conditions of various strata of the society.

Programme Specific Outcomes (PSO):

PSO – 1. Knowledge of Economic Theories: Graduates with a B.A. in Economics will possess a strong understanding of economic theories, including microeconomics, macroeconomics and other specialized areas of economics.

PSO – 2. Analytical Skills: Graduates will be able to apply economic concepts and theories to analyse real-world economic issues, such as market behaviour, policy implications, and economic trends. They will also be able to critically evaluate economic research and data using statistical and econometric techniques.

PSO – 3. Research and Writing Skills: Graduates will have developed advanced research and writing skills, including the ability to conduct independent research, analyse economic data, and communicate their findings effectively through written reports, policy briefs, and other forms of economic writing.

PSO – 4. Policy Analysis: Graduates will be able to assess the impact of economic policies on various stakeholders and evaluate their effectiveness in achieving desired outcomes. They will also be able to propose evidence-based policy recommendations to address economic challenges and promote economic growth.

PSO – 5. Quantitative Skills: Graduates will develop a strong foundation in quantitative methods, including statistical and econometric techniques, and be able to apply these skills to analyse economic data and conduct empirical research.

PSO – 6. Communication Skills: Graduates will be able to communicate complex economic concepts and findings to different audiences, including policymakers, business leaders, and the general public, clearly and concisely.

PSO – 7. Critical Thinking: Graduates will develop critical thinking skills and be able to analyse economic problems from multiple perspectives, consider trade-offs, and propose innovative solutions based on economic principles and evidence.

PSO – 8. Professional Ethics: Graduates will understand and adhere to the professional ethics and standards of economics, including academic integrity, objectivity, and confidentiality in research and policy analysis.