Economics

Economics helps in the understanding of the relationship between people and the various problems they face in the market, especially those related to monetary transactions and investments. Economics is a social science that deals with human behavior. In the words of the renowned economist Alfred Marshal : ” Economics is a study of mankind in the ordinary business of life”, it helps us to understand the basic economic problems faced by consumers, how businesses make economic decisions, ways people invest money to save for the future and how economic policy affects the individual, nation and the world. The Department of Economics at St. Paul’s Cathedral Mission College (affiliated to University of Calcutta) teaches the syllabus designed by the University of Calcutta. The new syllabus, introduced by the University in 2010, offers an introductory treatment of economic theory with some discussion of policy applications and economic institutions. The courses has been designed to develop and sharpen skills of analysis, logical reasoning, interpretation and understanding of various economic issues in our everyday lives. The study of Economics involves constructions of theories built on logical reasoning and verification of these theories based on observation of economic phenomena and analysis of data. The syllabus covers both the theoretical and applied aspects. Simple statistical and mathematical techniques needed for economic analysis are also taught within this course. Since many Economic Graduates prefer to go for an MBA degree later on, the new syllabus allows students to take up “Managerial Economics” as an optional paper in the third year. Students will also have an opportunity to get a first–hand experience of economic application when they carry out a project on some contemporary issue in the final year. This will help them to gain useful insights into the real challenges facing India and the world today. We believe that students who will take up the Economic Honours course will find it both fascinating and rewarding

Faculty Detail :


Dr. Shirsendu Mukherjee, M.Sc., M. Phil., Ph. D. (Head of the Department)

Dr. Shirsendu Mukherjee
Designation : Assistant Professor
Department : Economics
e–mail-id : shirsendu.mukherjee1980@gmail.com,
shirsendu.spcmc@gmail.com
Ph. No : +91-92319-16666
Academic Profile
Educational Qualifications : M.Sc., M. Phil., Ph. D.
Area of Specialisation : Teaching Fields Microeconomics, Macroeconomics, Statistics, Mathematical
Economics, Development Economics, Pubic Finance
Research Fields Information and Incentives, Collective Choice, Applied
Microeconomic Theory, Development Economics
Alma Mater : • Ph. D. in Economics, 2012-2016
Thesis Title: Microcredit: Some Theoretical Innovations
• M.Phil in Economics, 2004-2006
Thesis title: Poverty Management and Self Help Groups: Potentials in West Bengal
• M. Sc. in Economics, 2001-2003
• B. Sc. in Economics, 1998 – 2001
College: Ramakrishana Mission Vidyamandira, Belur Math, Howrah
Awards & Recognitions :
Position Held Earlier
Sl No : Designation Period Institution
1 Statistical Investigator (Gr II) (2006-2008) Ministry of Statistics and Programme Implementation
NSSO (FOD), Malda RO, WB (N), Government of India.
Area of Research :
Information and Incentives, Collective Choice, Applied Microeconomic Theory, Development Economics
Current Projects
Title of the Project
Funding Agency
Duration
Completed Projects
Title of the Project
Funding Agency
Duration
List of Publication :
  • “Optimal Group Size with Joint Liability Group Lending Strategy”, Indian Growth and Development Review, Vol. 8, Issue 1, April, 2015, ISSN: 1773-8254 (Jointly with Dr. Sukanta Bhattacharya).
  • “Optimal Joint Liability and Group Size in Microcredit”, Arthaniti, Vol. 13, Issue (1-2), 2014, ISSN: 0976-7479 (Jointly with Dr. Sukanta Bhattacharya).
  • “Credit Market Imperfection and Group Lending: Indian Experience”, Rabindra Bharati University Journal of Economics, Vol. VIII, 2014, ISSN: 0975-802X.
  • “Group lending and Self Help Groups: Joint Benefit as an Alternative Governance Mechanism”, The Journal of International Trade & Economic Development, March, 2008, Vol-17(1), ISSN: 0963-8199 (Print), 1469-9559 (Online) (jointly with Dr. Sukanta Bhattacharya, Prof. Sarmila Banerjee).
  • “An overview of Indian Microfinance”, Book title: The Changing Identity of Rural India: A Socio-historic Analysis, Editors – Elisabetta Basile & Ishita Mukhopadhyay, Anthem South Asian Studies, New Delhi, 2009, ISBN: -13: 9788190757027 (Jointly with Dr. Sukanta Bhattacharya).

Paper Presentations in Seminar/Conferences/Workshops

International

  • Presented a paper titled “Endogeneous Information Collection and Group Formation in Microcredit” in the 11th Annual Conference on Economic Growth and Development organized by Indian Statistical Institute, Delhi (17-19.12.2015).
  • Presented a paper titled “Optimal Joint Liability and Group Size in Microcredit” in the two-day Centenary Research Scholar Workshop (International) on Growth and Regional Disparities: Theory and Empirics organized by the Department of Economics, University of Calcutta (08-09.07.2014).
  • Presented a paper titled “Optimal Group Size Under Group Lending with Joint Liability and Social Sanction” in the 9th Annual Conference on Economic Growth and Development organized by Indian Statistical Institute, Delhi (19-21.12.2013).
  • Presented a paper titled “Optimal Group Size under Joint Liability” in the XXIInd annual conference on Contemporary issues in Development Economics organized by the Department of Economics, Jadavpur University (03-04.01.2013).

National

  • Presented a paper titled “Optimal Joint Liability and Efficient Group Size in Group Lending” in a national seminar on Indian Economy: people, Political Economy, Path and Phases jointly organized by Forum of Development Economics, Kolkata and Department of Economics, Calcutta University (27-28.03.2014).

State Level

  • Presented a paper titled “Microcredit with Group Lending Joint Liability Strategy: A Step towards Financial Inclusion” in the Two-day State Level Seminar on Rural Resource, Credit and Livelihood: The Question of Inclusion sponsored by NABARD (West Bengal) and organized by the Department of Economics, Rabindra Bharati University, Kolkata (27-28.02.2014).
  • Presented a paper titled “Joint Liability Group Lending Strategy: Theoretical Possibilities” in the Two-day State Level Seminar on Contemporary Issues on Development Economics organized by Department of Economics, Rabindra

Bharati University, Kolkata (11-12.03.2014)

  • Presented a paper titled “Competition and Innovations in Microfinance: Some Theoretical Issues” in the Pre-submission Ph. D. Seminar held at the Department of Economics, University of Calcutta on December 18, 2014.
Membership of Professional Bodies :

 


Dr. Indrani Banerjee, M.A., M. Phil, Ph.D

Dr. Indrani Banerjee
Designation : Associate Professor -Head of the Department
Department : Economics
e–mail-id : indrani.spcmc@gmail.com
Ph. No :
Academic Profile
Educational Qualifications : M.A., M. Phil, Ph.D
Area of Specialisation : Teaching Fields: Macroeconomics, Mathematical Economics, Public Finance, Indian Economy.

Area of Specialisation : Econometrics, Statistics, Energy Economics, Macro Economics and Indian Economy

Alma Mater :
Awards & Recognitions :
  • Ph. D. in Economics (Degree awarded in 2007)

Thesis Title: “Oil Demand in India: A quantitative Analysis.”

 

Position Held Earlier
Sl No : Designation Period Institution
Area of Research :
Energy Economics and Environmental Economics
Current Projects
Title of the Project
Funding Agency
Duration
Completed Projects
Title of the Project
Funding Agency
Duration
List of Publication :
Membership of Professional Bodies :

 


Dr. Jaya Mukherjee, M.A., Ph.D

Dr. Jaya Mukherjee
Designation : Assistant Professort
Department : Economics
e–mail-id : jm.spcmc@gmail.com
Ph. No :
Academic Profile
Educational Qualifications : M.A., Ph.D
Area of Specialisation : Econometrics, Development Economics and Microeconomics

Areas of teaching interest: Microeconomics, Statistics and Econometrics, Development
Economics, Mathematical Economics

Alma Mater :
Awards & Recognitions : Awarded Ph. D degree in Economics in 2007 (Title of the thesis: Social Sector Development in India: An Inter-State Analysis)
Position Held Earlier
Sl No : Designation Period Institution
Area of Research :
Development Economics
Current Projects
Title of the Project Role of Organization, Infrastructure and Finance in Ascertaining the Quality of School Education: A Study on the Primary Schools of West Bengal
Funding Agency University Grant Commission (UGC)
Duration 2 Years
Completed Projects
Title of the Project
Funding Agency
Duration
List of Publication :
  • “Elementary Education in India: Enrolment, Retention and Quality” published in Arthaniti, XIII (1-2)/ 2014, ISSN: 0976-7479
  • “Education and Health: Strategic Sequencing in Social Development”, published in Contemporary Issues and Ideas in Social Sciences, Vol.5, No.1 (2009), ISSN: 1817-4604 (joint publication with Prof Sarmila Banerjee, University of Calcutta)
  • “Gender Disparity in India: An Inter-state Analysis”, published in “Contemporary Issues in Development Economics: Models and Applications” edited by P. Pal, Regal Publications, New Delhi, Published in 2009, ISBN: 978-81-8484-019-3
  • “The Social Route to Development”, Rabindra Bharati University Journal of Economics, Vol. II, 2008, ISSN: 0975-802X

 

Membership of Professional Bodies :
Life member of the Bengal Economic Association and the Comparative Education Society of India

 


Dr.Sudeshna Mitra, M.Sc., Ph.D

Dr.Sudeshna Mitra
Designation : Assistant Professort
Department : Economics
e–mail-id : sm.spcmc15@gmail.com
Ph. No :
Academic Profile
Educational Qualifications : M.Sc., Ph.D
Area of Specialisation : International Economics

Teaching Field: Microeconomics, Development Economics, International Economics, History of Indian Economy

Alma Mater :
Awards & Recognitions : Ph. D. in Economics (Degree awarded in 2015)

Thesis Title: “Aspects of Trade Liberalization and Labour Market Related Issues ina Developing Country”

Position Held Earlier
Sl No : Designation Period Institution
Area of Research :
Development Economics
Current Projects
Title of the Project
Funding Agency
Duration
Completed Projects
Title of the Project
Funding Agency
Duration
List of Publication :
  • “Foreign Capital, Wage Inequality and Welfare in the Presence of Technology Transfer”, (Joint with Dr. Kausik Gupta, Rabindra Bharati University), The Asian Economic Review, Vol 54(3), December, 2012.
  • “Skilled-Unskilled Wage Gap in a Small Developing Economy: The Role of Trade Liberalization”, (Joint with Dr. Kausik Gupta, Rabindra Bharati University), The Indian Economic Journal, Vol 57(4), January –March, 2010.
  • “Liberalization and Informal Sector in General Equilibrium”, Rabindra Bharati University Journal of Economics, Vol. IV, 2010.

Paper Presentations in Seminar/Conferences/Workshops

International

  • Presented a paper, titled “Skilled-Unskilled Wage Gap in a Small Open Economy: The Role of Trade Liberalization”, in the 43rd Annual Conference of The Indian Econometric Society (TIES) held at IIT-Bombay during January 5-7, 2007.
  • Presented a paper, titled “Product Differentiation, Quality of Innovation and Capital Mobility: A General Equilibrium Analysis” in an International Conference on 50 years of General Equilibrium Models and Policy Implications for Open Developing Economies-Historical and Emerging Issues, held at CSSSC, Kolkata, on 17-18 November, 2015.

National

  • Presented a paper, titled “Fragmentation, Skill Formation and International Capital Mobility”, in the UGC-sponsored National Seminar on Contemporary Issues in Development Economics, held at Rabindra Bharati University, Kolkata, on 26th and 27th Feb, 2015.
Membership of Professional Bodies :
IEA, ISI