Economics
 
1. About the Department of Economics
Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. Economics is one of the departments in the Faculty of Social Sciences in Dr. B. R. Ambedkar Open University offers a complete and holistic study of the discipline of Economics through Distance mode. The Department of Economics was established in the year 1982 and has been offering a wide spectrum of specialised and common core courses at Under Graduate and Post Graduate level Programmes. In keeping with the spirit of the ‘Vision & Mission’ of the University, the Department has organized its academic programmes to meet the requirements of the diverse sections of the society.
 
2. Courses-Under Graduate Level
From its inception in 1982, the University has identified Economics as one of the basic subjects at Under Graduation level. The University started offering Economics in its Bachelor’s programme at 26 study centres initially and presently it is extended to 218 study centres. The BA Programme (BA I, II & III years, CBCS) is offered in Telugu and English mediums. The courses offered in this discipline focus on core subject areas that are expected to provide students with a solid grounding in the study of Economics.
 
3. Courses-Post Graduation LevelThe department has introduced Post Graduation Programme (MA Economics) in the Academic Year 1996-97. The programme is spread over to 19 Study Centres at district level with an average state wide enrolment of 180 students in every Academic Year.
The MA programme comprising altogether 10 courses in two years, were structured programs providing to students with an understanding of various economic methods, theories, and models, principles that serve as a framework for understanding economic behaviour and to help them. The MA I year program comprises of 5 courses: Course-01: Micro Economics; Course-02: Macro Economics; Course-03: Public Economics; Course-04: Quantitative Methods; Course-05: Indian Economic Policies. The MA II year courses include: Course-06: Economics of Planning and Development; Course-07: International Economics; Course-08: Industrial Economics; Course-09: Agricultural Economics; Course-10: Environmental Economics.
 
4. Courses-Research Programme
M.Phil. / Ph.D : The Research Programmes leading to the award of M.Phil. & Ph.D. was introduced from the year 2008. In the first batch (2008-09), Ten students were admitted into M.Phil. and Seven students into Ph.D programme. In the second batch (2009-10), Nine students were admitted into M.Phil. and Four students into Ph.D. programme. In the third batch (2018-19), Two students were admitted into M.Phil. and Two students into Ph.D. programme. The topics selected for research are varied and of current importance. Some of the broad subject fields on which research is been conducted include – Agriculture, Banking, Development Economics, Micro Finance.
 
5. Profile of the Faculty Members
The pedagogy in Open University is different from conventional Universities. The central core faculty working in the University has to perform multitasks. They are involved in the planning and designing the programme, developing the self learning course materials, preparation of audio and video lectures, coordinating with internal assessment of students, counselling to students in both theory and practical sessions and in evaluation process.
At present, One assistant professor is working in the department.
Dr. K. Krishna Reddy M.A., Ph.D., is Assistant Professor of Economics and he holds In-charge, Head of the Department. He has teaching and research experience at University level. His research interests include Agriculture, Rural Development and Banking. He has Published a Book; consists of 15 papers at National and International Seminars; 20 papers published in journals and edited books; Attended Symposias, Workshops and Annual Conferences of professional bodies.  He is the Life Member of Indian Economic Association (IEA), Telangana Economic Association (TEA), Andhra Pradesh Economic Association (APEA) and Indian Distance Education Association (IDEA).
He is actively involved in academic activities like teaching, conducting the classes,   development of self learning materials, Audio & Video programmes, Tele-conferences, framing of syllabus and restructuring of UG courses as per CBCS pattern etc. He was Associate Editor of Nine (09) UG books and also acted as Course coordinator for two P.G courses namely International economics and Environmental Economics.
 
6. Academicians Associated with the Department
Several eminent academicians of the sister conventional Universities are associated with this department in the processes of curriculum development, course content development and evaluation. The faculty working in the respective colleges where study centres are located are serving as Counsellors to conduct the face to face interactive sessions.
 
7. Number of Courses
  • UG – B.A Economics is one of the three optional subjects in the undergraduate programme and it has 6 Semesters-6 core subjects + 4 Electives +  2 Skill courses.
  • PG – M.A., Economics has 10 courses, 5 in First year and 5 in Second year.
8. Student Support Arrangement
UG and PG: The student is provided with the Self-Learning Material supplemented by the Audio, Video Lessons and Tele-Conference on specified Sundays. The face to face counselling sessions are conducted on Sundays at the study centers. The department has started Online classes for UG and PG courses on Zoom platform, in view of COVID-19 pandemic. The department would undertake PG course revision work in next year in the form of Semester System in both English and Telugu, as per University guidelines.
M.Phil/PhD: Besides the above, one semester classes will be conducted for the research candidates.
 
For Further Details
HEAD, Department of Economics
Faculty of Social Sciences
Academic Branch
Dr.B.R.Ambedkar Open University
G.Ram Reddy Marg, Jubilee Hills
HYDERABAD, Telangana, 500033
040-23680610