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Economics Department

Teachers Profile

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Dr. Shirsendu Mukherjee

Associate Professor

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Dr. Indrani Banerjee

Associate Professor

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Dr. Jaya Mukherjee

Associate Professor (HOD)

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Dr.Sudeshna Mitra

Assistant Professor

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About

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 2023, 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. 

Why should a student study “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. 

An Economics graduate with a background in Statistics and Mathematics has a diverse range of job opportunities available. The combination of economics, statistics, and mathematics skills can be highly valuable in various industries. Here are some areas where such graduates can find job opportunities:

1. Data Analysis and Research: With strong statistical and mathematical skills, economics graduates can excel in data analysis and research roles. They can work as data analysts, research analysts, or market researchers, using statistical techniques to analyze data, draw insights, and make informed decisions.

2. Econometrics: Econometrics is the application of statistical methods to economic data. Economics graduates with a background in statistics and mathematics can pursue careers in econometrics, where they analyze economic data, build econometric models, and estimate economic relationships.

3. Financial Analysis and Risk Management: Economics graduates with a strong statistical and mathematical foundation can work in the financial sector as financial analysts, risk analysts, or quantitative analysts. They can apply statistical models and mathematical techniques to analyze financial data, assess risk, and make investment decisions.

4. Actuarial Science: Actuarial science combines economics, statistics, and mathematics to assess and manage financial risks. Economics graduates with a background in statistics and mathematics can pursue careers as actuaries, working in insurance companies, consulting firms, or financial institutions to analyze data, calculate risks, and determine insurance premiums.

5. Quantitative Finance: Economics graduates with strong mathematical and statistical skills can find opportunities in quantitative finance. They can work as quantitative analysts, financial engineers, or quantitative traders, using mathematical and statistical models to analyze financial markets, develop trading strategies, and manage investment portfolios.

6. Policy Analysis and Government: Economics graduates with a strong background in statistics and mathematics can work in government agencies, think tanks, or research institutions in roles related to policy analysis. They can contribute to the development and evaluation of economic policies, conduct economic research, and provide data-driven insights to policymakers.

7. Consulting: Consulting firms often seek economists with strong quantitative skills to provide analytical support and insights to clients. Economics graduates with a background in statistics and mathematics can work as economic consultants, providing expertise in data analysis, forecasting, and decision-making.

8. Academic and Teaching: With a combination of economics, statistics, and mathematics, graduates can pursue careers in academia as professors, researchers, or teaching assistants. They can contribute to research in various economic fields and teach courses in economics, statistics, or econometrics.

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. 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.

Best Practices

Department of Economics at St. Paul's C. M. College, Kolkata, tries to implement the following initiatives to ensure the holistic development and academic success of our students. This can be treated as our Best Practices.

Effective Teaching-Learning Process:

  • We try to adopt innovative teaching methods such as flipped classrooms, case studies, group discussions, and multimedia presentations to make learning engaging and interactive.
  • We encourage active participation and critical thinking among students through seminars, workshops, and hands-on activities.
  • We use ICT tools and e-learning platforms to supplement classroom teaching and provide access to additional resources.

Curriculum Development:

  • We regularly review and update the curriculum to incorporate recent developments, emerging trends, and interdisciplinary perspectives in economics.
  • We try to ensure that the curriculum is comprehensive, balanced, and relevant to the needs of students and the demands of the job market, definitely in line with Calcutta University Syllabus.
  • We offer elective courses or specializations in areas of interest such as development economics, environmental economics, or financial economics to cater to diverse career aspirations.

Research and Publications:

  • We encourage faculty members to engage in high-quality research and publications in reputed journals, thereby enhancing the academic reputation of the department and contributing to the advancement of knowledge in economics.
  • We promote interdisciplinary research collaborations and encourage faculty members to participate in seminars, conferences, and research networks to share their findings and insights.

Student Support and Mentoring:

  • We provide academic guidance and mentoring to students to help them navigate their academic journey, set goals, and overcome challenges.
  • We establish a system for regular feedback and counseling to address students' academic, personal, and career-related concerns.
  • We try to organize career guidance workshops, guest lectures, and internships to help students explore various career opportunities and develop employability skills.

Infrastructure and Facilities:

  • We try to ensure that the department is equipped with modern infrastructure, including well-equipped classrooms, computer labs, libraries, and audio-visual aids, to facilitate effective teaching and learning.
  • We create a conducive learning environment by maintaining cleanliness, safety, and accessibility within the department premises.

Quality Assurance and Accreditation:

  • We try to implement quality assurance mechanisms such as internal assessments, peer reviews, and feedback surveys to monitor and improve the quality of teaching, research, and student support services.
  • We strive for accreditation from recognized agencies such as NAAC to benchmark the department's performance against established standards of excellence and quality assurance.

Community Engagement and Outreach:

  • We encourage students to actively participate in community service initiatives, outreach programs, and social awareness campaigns related to economic issues, sustainable development, and social justice.
  • We try to foster partnerships with local communities, NGOs, and government agencies to address socio-economic challenges and contribute to community development initiatives.

Teaching Learning

SL NO TEACHER NAME DATE TITLE VIEW / DOWNLOAD
1 Dr. Shirsendu Mukherjee 22-03-2024 Environmental Economics (Unit 1)
2 Dr. Indrani Banerjee 05-03-2024 History of International Political Economy
3 Dr.Sudeshna Mitra 05-03-2024 Stackelberg Model
4 Dr.Sudeshna Mitra 05-03-2024 Shift of the Production Function in the Classical System
5 Dr.Sudeshna Mitra 05-03-2024 BERTRAND MODEL
6 Dr.Sudeshna Mitra 05-03-2024 Increase in Money Supply in Classical Model
7 Dr.Sudeshna Mitra 05-03-2024 SEM IV Intermediate Microeconomics
8 Dr.Sudeshna Mitra 01-10-2019 Lecture Note_1
9 Dr.Sudeshna Mitra 01-10-2019 Lecture Note_2
10 Dr.Sudeshna Mitra 01-10-2019 Sem II Micro
11 Dr. Indrani Banerjee 27-09-2019 History of International Political Economy
12 Dr. Jaya Mukherjee 26-09-2019 Economics and Human Well-being
13 Dr. Jaya Mukherjee 26-09-2019 Meaning of Development
14 Dr. Shirsendu Mukherjee 22-01-2019 LPP

Syllabus

Capacity Building

Here are some Capacity Building strategies that Department of Economics, St. Paul's C. M. College follows to benefit our students:

Faculty Development:

  • Subject Matter Expertise: Department of Economics encourages her faculty members to attend workshops, conferences, and online courses related to their specific areas of specialization in economics. This will keep our knowledge base current and allow them to introduce new content and research to students.
  • Pedagogical Skills: We organize workshops or invite experts to train faculty on innovative teaching methodologies like flipped classrooms, case-study based learning, or simulations. This will enhance our ability to engage students actively.
  • Collaboration: Department of Economics promotes collaboration among faculty members within the department. This can involve co-teaching courses, developing interdisciplinary modules, or jointly supervising student research projects. This fosters knowledge sharing and strengthens the overall teaching approach.

Curriculum Development:

  • Review and Update: We periodically review the syllabus distribution methodology to align with the latest developments in the field of economics and to incorporate recent economic trends. We consider incorporating real-world case studies relevant to the Indian context.
  • Skill Development: We try to integrate courses that equip students with practical skills like data analysis, econometrics software training, or economic forecasting techniques. These skills are highly sought after by employers.
  • Specializations: We try to explore the possibility of offering elective courses or specializations in specific areas of economics, like development economics, financial economics, or behavioral economics, to cater to students' interests.

Student Learning:

  • Guest Lectures: We invite economists from research institutions, government agencies, or the private sector to deliver guest lectures. This exposes students to diverse perspectives and practical applications of economic theory.
  • Research Opportunities: We encourage student research by providing guidance and mentorship. Consider involving students in ongoing faculty research projects or facilitating access to research databases.
  • Industry Internships: Department of Economics tries to partner with relevant organizations to offer internship programs for students. This provides them with valuable hands-on experience and helps them develop professional skills.

Departmental Resources:

  • Library Resources: We advocate for expanding the departmental library resources, including access to online databases, journals, and e-books related to economics.
  • Technology Integration: We try to promote the use of technology in teaching by encouraging faculty to utilize online learning platforms, educational simulations, and data visualization tools.
  • Visiting Scholars: Department of Economics considers hosting visiting scholars from other universities or research institutions to share their expertise with students and faculty. This fosters a stimulating academic environment.

Collaboration with UGC-NAAC:

  • We try to identify workshops or training programs offered by UGC-NAAC related to faculty development, curriculum design, or student learning outcomes. Encourage faculty participation in these programs.
  • Department of Economics familiarizes us with the latest UGC-NAAC guidelines and quality assurance processes. We align our departmental goals with these guidelines to demonstrate continuous improvement in teaching and learning.

Moreover…

  • Sustainability: Department of Economics chooses strategies that can be implemented and sustained within the available resources and faculty workload.
  • Evaluation: We regularly evaluate the effectiveness of your capacity building efforts by collecting feedback from students and faculty. We adapt our strategies based on the feedback received.
  • Collaboration: We try to maintain open communication and collaboration among all faculty members to ensure a unified approach to departmental development.

Academic Activities

Academic Activities Performed by the Economics Department (4 Professors) at St. Paul's C. M. College, Kolkata (Per Session):

Teaching:

  • Course Delivery: Leading undergraduate courses in Economics across various semesters. This includes lectures, tutorials, and seminars.
  • Curriculum Development: Contributing to departmental curriculum review and development, ensuring it aligns with current trends and learning objectives.
  • Evaluation: Setting and conducting examinations, assignments, and presentations to assess student learning outcomes.
  • Guidance: Providing academic guidance and mentorship to students during office hours or by appointment.

Research and Scholarship:

  • Individual Research: Engaging in independent research projects in specific areas of economic specialization.
  • Collaborative Research: Potentially collaborating with colleagues on research projects or publications.
  • Supervision: Mentoring and supervising student research projects.
  • Conference Participation: Presenting research findings at national or international conferences.
  • Publication: Publishing research articles in academic journals or contributing chapters to edited volumes .

Departmental Activities:

  • Committee Participation: Serving on departmental committees related to curriculum development, admissions, timetables, or library resources.
  • Guest Lectures: Inviting external speakers from research institutions, government, or the private sector to deliver talks for students.
  • Seminars and Workshops: Organizing departmental seminars or workshops on relevant economic topics for students and faculty.
  • Mentorship: Mentoring junior faculty members in teaching methodologies and research skills .

Student Support:

  • Office Hours: Maintaining office hours to provide individual guidance and support to students on academic issues.
  • Project Guidance: Providing guidance and supervision to undergraduate research projects .
  • Career Counseling: Offering career counseling to students, potentially in collaboration with the college's career services center.

Additional Considerations:

This list provides a general overview, and the specific activities may vary depending on individual faculty workload, research interests, and departmental needs. Some professors might also be involved in administrative duties within the college or university. We focus on maintaining a balance between teaching responsibilities, research pursuits, and departmental contributions. We do believe that collaboration among all four professors is crucial for the smooth functioning of the department and the benefit of students.

Certificate Courses

Awards

MOUs

Distinguished Alumna

Our Department of Economics has a special list of alumni which is quite impressive. 

A few among them are: 

 Prof. Krishnendu Bhattacharya, Dept. of Economics, Prafulla Chandra College 

 Dr. Shanty Chakraborty, Economic Adviser, Govt. of Botswana 

 Prof. Raj Kumar Sen, Rabindra Bharati University 

 Prof Shankar Ghosh, Hooghly Polytechnic College 

 Prof. Arun Sengupta, ISI 

 Prof. Mrinal Dasgupta 

 Bimalendu Giri, Research Institute, U.K. 

 Dr. Debes Bhattacharya, University of Sydney 

 Prof. Kalyan Chakraborty 

 Prof Ramen Bhattacharya, Manindra Chandra College 

 Prof. Kamalakanta Sain, Bidhan Chandra Krishi ViswaVidyalaya, Kalyani 

 Asit Bhattacharya, IFS 

 Prof. Narayan Saha 

 Prof Srijit Chowdhury, Vidyasagar College for Women. Kolkata 

 Prof. Pranab Das 

 Amit Deb, WBCS 

 Dipak Paul, WBCS 

 Kallol Roy, WBCS 

 Shibabrata Chatterjee, Advocate.

Result

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Student Progression

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Departmental Notices

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Research

Departmental Profile

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1 Departmental Profile (2014-19)

Facilities

Facilities (Department of Economics)

Here's a list of facilities:

For Faculty Members:

  1. Dedicated Office Space: Each faculty member should have a designated office space equipped with a desk, chair, computer, and necessary stationery.
  2. Faculty Lounge: A comfortable lounge area where faculty members can relax, interact with colleagues, and have informal discussions.
  3. Research Support: Access to a well-equipped library with a wide range of books, journals, and online databases to support research activities.
  4. ICT Facilities: Availability of computers, printers, scanners, and high-speed internet connectivity for research, teaching, and administrative purposes.
  5. Professional Development: Opportunities for attending workshops, seminars, conferences, and faculty development programs to enhance teaching and research skills.
  6. Administrative Assistance: Support staff for administrative tasks such as photocopying, filing, and document preparation to ease the workload of faculty members.
  7. Recreational Facilities: Access to recreational facilities such as a cafeteria, gymnasium, or sports complex to promote work-life balance and well-being.
  8. Health and Wellness Services: Access to health services, counseling, and wellness programs to support the physical and mental well-being of faculty members.

For Students:

  1. Well-Equipped Classrooms: Spacious and well-ventilated classrooms equipped with modern teaching aids such as whiteboards, projectors, and audio-visual equipment.
  2. Library Facilities: Access to a well-stocked library with a diverse collection of books, journals, periodicals, and digital resources to support academic studies and research.
  3. Computer Labs: Fully equipped computer labs with internet access and software applications for research, assignments, and project work.
  4. Wi-Fi Connectivity: Campus-wide Wi-Fi connectivity to enable students to access online resources, e-learning platforms, and educational websites.
  5. Laboratories: Specialized computer laboratories is there for practical sessions of our students. They learn different statistical software for academic purposes, research work, and for learning Data Analysis there.
  6. Academic Counseling: Guidance and counseling services to help students with academic planning, course selection, career guidance, and personal development.
  7. Student Support Services: Support services such as scholarships, financial aid, and accommodation assistance to ensure that students from diverse backgrounds have equal opportunities for education.
  8. Extracurricular Activities: Opportunities for participating in extracurricular activities such as sports, cultural events, clubs, and student organizations to foster holistic development and social interaction.

By providing these facilities, Department of Economics, St. Paul's C. M. College creates an enriching academic environment that supports the growth and success of both faculty members and students.

Activities

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