The Department of Economics at LSR is a well knit community of accomplished and highly committed teaching faculty and a very vibrant group of student body. The Department in its continual endeavour towards harmonizing excellence with inclusivity and equity draws strength from a dynamic teaching- learning process, where the faculty feels privileged to collaborate with its enthusiastic young scholars as they embark on an enriching and fulfilling life-long learning experience.
The Economics undergraduate programme provides a strong foundation in economic theory and quantitative tools of economic analysis. It also familiarises students with shifts in development paradigms with particular reference to the state of India’s people in pre and post independence period. The Department has its distinctive ethos where the faculty continually strives to walk as co-learners with the students on the path of knowledge building. The Department’s continuous emphasis on the understanding of the principles of Economics within a multidisciplinary framework has been a great motivator to its students to pursue their dreams and aspirations infused with a people-centric approach. These could involve admissions in prestigious institutions and placements in blue-chip companies. Many of them have also been engaged in diverse fields ranging from civil society to policy making through their education, research, field action and extension.
Departmental Association Activities
The Department makes a constant effort to retool the discipline in a way that is both scientifically rigorous and socially relevant. In this direction, the Department nurtures the teaching-learning process beyond the classroom by organizing an increasing number of collaborative seminars, presentations and workshops by eminent speakers and experts from diverse fields for its students. The Department of Economics in partnership with Heinrich Boll Foundation, India, organized a one-of-its-kind five-day long South Asia Regional Autumn School, 2011.
The Annual Economics Academic Meet, originally christened Equipoise, has overtime gained admirable recognition and repute and has been one of the most awaited events in the Economics circuit calendar. Events such as quizzes, debates and paper presentations have invited the brightest minds from across Delhi University, all these years. The achievements of the Economics Association have come a long way with its Annual Academic Meet Equipoise, evolving into a ‘National Students Symposium- Econvista 2013’ and graduating within two years into ‘International Students Symposium- Econvista 2015’.
This year the Department organised Econvista - from 19th - 21st January, 2017. With the theme being ‘Thinking Beyond The Invisible Hand: Exploring Alternative Development Paradigms’, a new meaning was given to the term ‘everyday economics’, by infusing culture into mainstream economics. Stretched over 3 days with an array of non-competitive, competitive, online and interactive events, Econvista proved to be intellectually stimulating and exciting. It saw participation in huge numbers from various local, national as well as international colleges.
The four well-functioning clubs under Economics Association, namely, Books Documentary Review club, Beyond the Classroom club, Econwhiz club and Financial Investment and Crisis Understanding Cell (FISCUL) are truly commendable initiatives of the students. "The "Mentored Research Forum" is a new student club conceptualized this year which aims at increasing research intensiveness among the students. The forum will also attempt to engage in research collaborations with interested researchers from our faculty and members of renowned institutes.
Many of the students also participate in International Exchange Programmes. Every year, the Department also recognizes one bright student from each of the three years by way of awarding the ‘Dr. Saroj Gupta Memorial Scholarship’, in remembrance of Dr. Saroj Gupta, a former distinguished and much respected academic and faculty member of the Department of Economics. Such efforts motivate the students to grow both at an academic and personal level.
The teaching-learning of Economics at LSR resonates with the shared belief that to sustain a people-centric approach to the discipline, it is most critical that a deeper sensitivity and sensibility towards local and global socio-economic realities be nurtured through collective introspection and appreciation of plurality of opinion.
The Economics Department Journal: Ecolloquial
The journal covers a wide spectrum of topics, which impact us in multifarious ways. Most of the issues addressed by the authors are topical and central to our daily discourse. We hope that this journal serves as an inspiration to future research and lead to discussions of pertinent and important issues, both global and national. The interviews aim to provide a fresh perspective to the issues addressed and questions answered.
A novel feature of Ecolloquial 2017 is the analysis of a primary survey conducted by economics undergraduates of the residents of Zamrudpur regarding access to welfare schemes like PDS, subsidised education and healthcare facilities. Not only did this activity help the students understand the dynamics of a primary survey, but it also showed them the practical aspect of a subject like Economics. please see