The Department of Economics at St. Teresa's College holds a rich history and a legacy of academic excellence. Established in 1937, it is one of the oldest departments in the college. With its undergraduate and postgraduate courses in Economics, as well as an add-on course on Diploma in Financial Journalism, the department offers students a comprehensive understanding of the subject. In 2010, it was recognized as a Research Centre of the Mahatma Gandhi University, Kottayam. Let's delve deeper into the department's journey, accomplishments, and its mission and vision.
History & Achievements
The Department of Economics traces its origins back to 1937 when the Bachelor's program with Economics major was introduced. Over the years, the department has grown in stature and reputation. In 1995, the Master's program was added, further strengthening the academic offerings. Notably, in 2010, the department received the distinction of being elevated as a Research Centre. The faculty comprises eight members, six of whom hold doctorate degrees, with one faculty member currently pursuing a doctorate. The department has received prestigious accolades such as the National Award, State Award, and Chief Minister's Award for innovations, specifically for the Project e-Jaalakam.
Mission
The Department of Economics at St. Teresa's College is driven by a clear mission to empower students and shape them into well-rounded individuals. With around 225 students pursuing various courses, the department has consistently achieved good results and secured several ranks at the university level. The department encourages active student participation in organizing interdisciplinary action events and projects. Students are provided with opportunities to learn beyond the classroom through activities such as yearly budget analysis, visits to stock exchanges, and participation in Grama Sabhas (Decentralized Planning Process of Local Governments). Internships in various institutions offer students hands-on training and practical application of their theoretical knowledge, preparing them for the challenges of the job market. Additionally, students gain valuable experience in managing a social entrepreneurship unit called STEP (Society of Teresina's for Environment Protection), developing skills in areas like inventory management, sales, and marketing.
Vision
The vision of the Department of Economics at St. Teresa's College is to mold empowered, empathetic, and environmentally sensitive women economists. The department aims to equip students with strong economic analysis skills, including a focus on mathematical economics, fostering a research aptitude for policy development, and nurturing their potential as future leaders and scholars. Furthermore, the department strives to instill a sense of social responsibility, enabling students to become socially productive citizens.
Mission Objectives
Applied Economics: The department offers courses in Applied Economics to provide students with a better understanding of current affairs in policy matters.
Comprehension of Dynamics: Students are encouraged to comprehend social, demographic, technological, and business dynamics to contribute intelligently to policy debates.
Research Potential: The department aims to create potential researchers capable of enriching the nation through policy prescriptions.
Impactful Citizenship: Women are encouraged to make a positive impact on society by fostering synergies within and outside the student community, both at the college and regional levels.
The Department of Economics at St. Teresa's College stands as a testament to academic excellence and commitment to shaping the future of economics. With a strong faculty, diverse course offerings, and a focus on practical application, the department empowers students to excel in their chosen paths. Through its mission and vision, the department fosters a holistic learning environment, producing knowledgeable economists with a sense of social responsibility.
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