This Department has a presence in the Prasanthi Nilayam and Anantapur campuses of the University
Department Head:
Prof. Viswanath Pandit
Programmes offered by the department:
Undergraduate Programme:
- B.A. / B.A.(Hons) offered at Prasanthinilayam and Anantapur Campuses
The following courses are offered at Prasanthinilayam Campus only:
- B.Sc.(Hons) Economics
- Postgraduate Programme: M.A.(Economics)
- M.Phil Programme: Economics
- Ph.D.: Doctoral programme
Teaching Staff Profile:
PRASANTHINILAYAM CAMPUS
- Prof. Vishwanath Pandit M.A., Ph.D.
Professor
- Prof. N. Rajagopala Rao M.A., Ph.D.
Professor
- Dr. G. Balachandran M.A., Ph.D.
Reader
- Dr. K.L.N.Reddy M.A., Ph.D.
Reader
- Dr. R. Prabhakar Rao M.A., Ph.D.
Reader
- Sri. T.C.S.R. Sarma M.A., PSC, Dip(ICAR)
Honorary Professor
- Shri G. Raghavendra Raju M.A.
Lecturer
- Shri B. Murali Krishna Bharadwaj M.A.
Teaching Assistant
- Shri Harish Mani M.A., M.Phil.
Teaching Assistant
ANANTAPUR CAMPUS
- Ms. M. R. Geeta Bala M.A., M.Phil.
Lecturer
National/international seminars and workshops organised:
In the year 2006-2007:
The Department of Economics has organized an All India Economic Conference on "Economic Growth with Equity and Stability" from 24th August to 26th August, 2006. The Conference was inaugurated by the Vice Chancellor Sri Anil V. Gokak and the Keynote Address was delivered by Prof. R. Radhakrishna, Director, Indira Gandhi Institute of Development research (IGICR) Mumbai. The following invited special lectures were delivered. About 50 papers were presented by researchers from all over India and faculty members of the University in about 12 technical sessions.
Special lectures delivered:
- Prof.D.M.Nachane, Senior Professor, Indira Gandhi Institute of Development research (IGICR) Mumbai Monetary Policy and Financial Liberalization
- Prof. Arup Mitra, Institute of Economic Growth, New Delhi Organized Industry in India: Employment Elasticity, Wage-Productivity Nexus and Poverty
- Dr. Ashok Lahiri, Chief Economic Advisor, Ministry of Finance, New Delhi Fiscal Policy for Equitable Growth
- Prof. R. Radhakrishna, Director, Indira Gandhi Institute of Development research (IGICR) Mumbai India’s Development, Poverty traps and Malnutrition crisis
Some of the technical sessions with the respective chairpersons:
- Agriculture: The New Challenges-I Prof. V.M. Rao, Institute of Social and Economic Change, Bangalore
- Monetary Policy for Stability Prof. N.S.S. Narayana, Indian Statistical Institute, Bangalore, India
- Social and Physical Infrastructure Prof. J.B.G. Tilak, National University of Educational Planning and Administration, New Delhi
- Public Policy for Development Prof. G. Ramachandrudu, Andhra University, Visakhapatnam
- Strategy for Industry and Energy Dr. K.N. Murty, University of Hyderabad, Hyderabad
- Agriculture: The New Challenges-II Prof. C.H. Shah, (Retired), University of Bombay, Mumbai
- Financial Markets and Instability Prof. K. Narayanan, Indian Institute of Technology, Mumbai
- Ethics and Economic Guidelines Sri S.V. Giri, Former Vice Chancellor, SSSU
- Economic Applications Prof. Pushpa Trivedi, Indian Institute of Technology,
The Department of Economics has organized a National Workshop on 'Human Values in economics and related disciplines' from 19th to 21st Feb 2007. Following are some important speakers, who gave lectures on the topics mentioned against the names:
1. Dr. K. Krishnamurthy, Hon. Professor, Administrative Staff College of India, Formerly Director Institute of Economic Growth, Delhi Arms reduction and Peace dividend
2. Dr. V.M. Rao, Formerly Member, Commission for Agricultural Cost and Prices, GOI, Hon. Professor, Institute of Social and Economic Change, Bangalore Eliminating Poverty: The Role of Human Perspective and Values
3. Prof. V.R. Panchamukhi, Chancellor, National Sanskrit University, Tirupathi, Formerly Chairman Indian Council of Social Sciences Research, GOI, New Delhi Holistic Development: A conceptual framework and Practical approach
4. Mr. P.P. Prabhu, Formerly Secretary, Ministry of Commerce, GOI, New Delhi Growth Equity and Values under Globalization and Liberalization
5. Dr. J.B.G. Tilak, Professor and Director, National University of Educational Planning and Administration, New Delhi Growing Private Sector in Education and Declining Human Values
6. Prof. N.S.S. Narayana, Economic Analysis Unit, Indian Statistical Institute, Bangalore Individuals, Values, Inequalities and Governance
7. Prof. M.P. Vithal, IIPM, Bangalore Ethics and values in Financial Markets
8. Sri S.V. Giri, Former Vice-Chancellor, SSSU Values in Administration
9. Prof. Madhu S. Mohanty, California State University, Los Angeles Childhood Ambinece and Adulthood earnings: Are these related?
10. Dr. Peter Pruzan, Professor Emeritus, Department of Management, Politics & Philosophy, Copenhagen Business School, Denmark A Decision Theoretic Framework for Organizational Ethics
11. Prof. V. Srivatsan, Stern School of Business, New York University, New York Homo Existentialism
12. Prof. George Bebedelis, Eurpean Sri Sathya Sai Education, University of Greece Human Values: A Precondition to Economic Process
13. Dr. Ram Aneja, Former Director, National Dairy Development Board Development Issues in the relating sector: Role of Values
Visiting faculty during the year 2006-07:
1) Prof. V L Rao, GITAM Institute of Foreign Trade, Visakhapatnam, delivered lectures on 'International Economics' from 4th to 18th June 2006.
2) Prof. J B G Tilak, Director, NEPA, New Delhi, delivered lectures on 'Economics of Education' from 1st July to 31st Aug 2006.
3) Prof. Ram Aneja, Formerly Director, NDDB, New Delhi, delivered lectures on 'Agricultural Economics' from 11th June to 31st Aug 2006.
4) Dr. K Narayanan, Department of Humanities and Social Sciences, IIT, Bombay, delivered lectures on 'Introductory Econometrics' from 11th to 24th June 2006.
5) Prof Z Govindarajalu, Department of Statistics, University of Kentucky, delivered lectures on 'Statistical Inference' from 5th to 25th July 2006.
Research Scholars:
- Sri Murali Krishna Bharadwaj is being guided by Prof. Viswanath Pandit for his thesis on Parameters of Monetary Policy under The New Economic Regime
Research Papers Published during the year 2006-2007:
1. V. Pandit, "Economic Outlook for India, 2005 – 06 and 2006 – 07: A Scenario of Sustained Buoyancy", PAIR Economic Forecasting Report No. 16 , Institute of Developing Economics, JETRO, Japan.
2. V. Pandit, "Simple Analytics of Public Sector Pricing in a Capacity Constrained Mixed Economy", Economic and Political Weekly, Vol XLI, No 23, June 2006, pp 2332 – 2339. (co authored with Badal Mukharjee)
3. V. Pandit, "Sustainble Economic Growth for India: An Exercise in Macroeconomic Scenario Building" in Chandreyee Das and Dipankar Ghosh (eds.) Eye on Development, Essays on Development and its Sustainability in India and the world, Kolkata, Sampark pp.66-76, p.34, 2006, Kalinidi housing Scheme, Kolkatta 700 089, Indi.
4. B.C. Sutradhar and R. Prabhakara Rao, "Modeling Longitudinal Discrete Data Affected by One Way Multi Dimensional Random Effects", WSEAS (World Scientific Engineering Academy and Society) Transactions on Systems, Vol 5.5, May 2006, pp.1073 – 1082, 2006.
5. G. Bhalachandran, K Sairamasubrahmaniam, "Income - Consumption pattern Under Urbanisation: A Case study of Puttaparthy", Asian Economic Review, Vol 48 No.1 pp.47-70, 2006.
6. K.R. Prasad, R. Prabhakar Rao, and V. Pandit, "Some aspects of manufacturing Technology in Three Select Industries of India, The ICFAI Journal of Industrial Economics, Vol.3, No.2, pp.20-30, 2006.
7. S.S. Rajan, K.L.N. Reddy and V. Pandit, "Factor substitution and Role of Material inputs: Application of Translog production Function to petrochemical industry in India", (accepted for publication) in Productivity, 2006.
8. Muralikrishna Bharadwaj and V. Pandit, "Demand for Money in an Open Economy", Accepted for publication in the Journal of Policy Modelling, Belgium, 2006.
9. J. Vishwanath (Student of M.A. Programme), (1) "Sources of Economic Growth in India 1950-51 to 1999-2000 (S Sivasubramonian)", Journal of Education Planning and Administration, (2) Development with Dignity (Amit Bhaduri) accepted for publication in Indian Journal of Labour Economics.
Papers presented in Workshops/Seminars/Conferences etc.:
1. Dr. R Prabhakara Rao, "Modeling Longitudinal Discrete Data Affected By One Way Multi-dimensional Random Effects", in the 8th WSEAS International Conference on Automatic Control, Modeling & Simulation (ACMOS '06) Prague, Czech Republic from 12th to 14th March, 2006 (Presented by the co-author Prof. B C Sutradhar).
2. Dr. R Prabhakara Rao, "Econometric modeling with Nonparametric Regression: An Overview", accepted for presentation in the 43rd Annual Conference of the Indian Econometric Society [TIES], Indian Institute of Technology, Powai, Mumbai, from 5th to 7th Jan 2007.
3. Mr. P. Sai Manohar and Prof. V. Pandit, "Revisiting Inflation", presented at the 43rd Annual Conference of the Indian Econometric Society [TIES], Indian Institute of Technology, Powai, Mumbai, from 5th to 7th Jan 2007.
4. Sri G. Raghavendra Raju, "Capital Flows to emerging Market Economics: Indian Experience", presented at the 43rd Annual Conference of the Indian Econometric Society [TIES] Guru Nanak Dev University, Amritsar, from 5th to 7th Jan 2007.
5. Dr. R Prabhakara Rao, "Some inferential issues in Longitudinal Data Analysis" accepted for presentation at the International Conference on Statistical Science, OR & IT and XXVI Annual Convention of Indian Society for Probability and Statistics (ISPS) organized by Sri Venkateswara University, Tirupati. During 7th and 9th Jan 2007.
6. Dr. R Prabhakara Rao, and Sri T.C.S.S.R. Sarma "Medical Research and Statistical Ethics" at the UGC sponsored National seminar on Biomedical Research and Statistics, organized by Gujarat University, Ahmedabad during 24th and 25th Feb 2007.
In the All India Economics Conference on Economic Growth with Equity and Stability, conducted by the Department of Economics, SSSU, Prasanthinilayam, from 24th to 26th August, 2006.
7. Sri Raghava K B V S S and Sri T C S R Sarma, "Rural Health: Some Policy Perspectives", was accepted for presentation.
8. Sri K Ravi Shankar and Sri T C S R Sarma, "Social Sector Expenditure in India".
9. Sri K. Krishna Prasad, Dr. R Prabhakara Rao, and Prof. V Pandit, "Modeling Stock Market Volatility using GARCH Class of Models".
In the National Workshop on Human Values in Economics and related disciplines, oraganized by SSSU, Prasanthithilayam during 19th and 21st Feb 2007:
10. Prof. N. Rajagopala Rao and Sri Harish Mani, "Economics of Information and Moral Hazards".
11. Dr. G. Balachandran, "Kautilya's model of sustainable development".
12. Sri G Raghavender Raju and Prof. V. Pandit, "Shattered Hopes: A critique of Economic development".
13. Sri Vinod Cartic, Prof V. Pandit, Prof. U.S. Rao, "Modeling Social well being : Bentham to Rawls: Alternative formulations".
14. Prof. V. Pandit, "Economic Theory: An Ethical Perspective".
15. Sri P.R. Jayaraman, "Sustainble Development: A Gandhian Perspective".
16. Mrs. M. R. Geetha Bala, "Empowerment of Women through Micro Credit – A study of SHGs of Anantapur District", at the All India Conference on Economic Growth with Equity and Stability, conducted by the Department of Economics, Prasanthinilayam Campus, SSSU, between 24th and 26th August 2006.
Achievements:
- Prof. V. Pandit, HOD, Department of Economics was awarded The Swami Pranavananda Saraswathi UGC National Award for his contribution in the field of Macroeconomic on 20th July 2006.
- Prof. V. Pandit, Department of Economics was invited as panelist for the Panel Discussion on "Different schools of Econometrics" at the 43rd Annual Conference of The Indian Econometric Society (TIES) Indian Institute of Technology, Mumbai, Jan 5-7, 2007.
- Prof. V. Pandit, Department of Economics was requested by the Reserve Bank of India to serve as a member of the Advisory Committee for the Project "Money Income and Prices 1900-1950" located at the IGIDR, Mumbai.
- Prof. V. Pandit, Department of Economics was invited by the National Council of Applied Economic Research (NCAER) to act on the Editorial Board of Margin – Journal of Applied Economic Research by SAGE, 2006.
- Dr. R. Prabhakar Rao, Department of Economics invited Lecture at Centre for Multidisciplinary Development Research (CMDR), Dharwad, Karnataka, Feb 2007.
- Prof. N. Rajagopala Rao and V. Pandit, Department of Economics were invited to deliver two lectures each by the Department of Economics, Andhra University, Visakhapatnam in Feb 2007 as part of its Platinum Jubliee Celebrations.
- Dr. R. Prabhakara Rao, Department of Economics, was appointed as member of Boards of studies, at National Sai Baba Autonomous College, Anantapur for two years.
- Prof. T.C.S.R. Sarma, Department of Economics was invited to deliver lecture on 'Statistical Applications to Medicine' at the Sri Sathya Sai Institute of Higher Medical Sciences, Prasanthinilayam during the year.
- Prof. T.C.S.R. Sarma, Department of Economics was asked to deliver lectures on Statistical Analysis for the Defense Industry by Sivaji University, Kolhapur and for the UGC Sponsored National Seminar on Biomedical Research and Stastics, Gujarat University, Ahmedabad Feb 2007.
Some highlights of the Department:
- B.A. with Major in Economics is being offered at Prasanthinilayam Campus at Anantapur campus.
- In June 1991, B.Sc.(Hons) Course in Economics was introduced at Prasanthinilayam Campus. The course offers a combination of Economics, Mathematics and Statistics.
- B.Sc. (Hons) in Economics programme was introduced in 1994.
- In accordance with UGC guidelines, a two credit awareness course in 'Environment Studies' was designed to fit into the undergraduate curricula. It came into effect from the academic year 1995-96.
- M.A.(Economics) was introduced in the Prasanthinilayam Campus in June 2001, under the guidance of Prof.Viswanatha Pandit from the Delhi School of Economics. In formulating the programme, special attention has been given to focus on proper training of socially responsible citizens of tomorrow.
- B.A.(Hons) programme in Economics with History and Political Science as additional subjects has been started at the Prasanthinilayam Campus in the academic year 2004. This supplements the existing B.Sc.(Hons) programme in Economics for which Mathematics and Statistics are additional subjects.
- In November 2004, the M.Phil. programme was introduced in all subjects where the postgraduate programmes do exist already. This includes Management, Mathematics & Computer Science, Physics, Chemistry, Biosciences and Economics.
- To mark the 25th anniversary of the Institute, a new Humanities building at Prasanthinilayam Campus was inaugurated by Revered Chancellor on 26th August 2006 in the presence of Chief Economic Advisor, Ministry of Finance, GOI, Dr. Ashok K Lahri.
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