DEPARTMENT OF ECONOMICS
The Department of Economics at Bhuwaneshwari Dayal (B.D.) College, Patna, offers a comprehensive and intellectually
stimulating curriculum designed to unravel the complexities of economic systems, policies, and development. The program
delves into both microeconomic and macroeconomic principles, equipping students with the analytical tools to understand
resource allocation, market dynamics, inflation, growth, and welfare economics. With a focus on real-world applications,
the department emphasizes the socio-economic challenges and opportunities specific to Bihar and India, such as
agricultural economics, industrial growth, and public policy. Guided by a dedicated faculty, students engage in critical
discussions, data analysis, and research projects that foster a deep understanding of economic theories and their
practical implications. The department aims to cultivate astute economists and policy analysts capable of contributing
meaningfully to academia, government, banking, and the corporate sector.
The Economics Department at B.D. College, Patna, stands out for its rigorous, application-oriented approach to
understanding the economic landscape of India and the world. Its strengths lie in its curriculum that blends theoretical
frameworks with empirical analysis, often leveraging Bihar’s context as a case study for issues like rural development,
migration, and public finance. Students gain hands-on experience through projects, surveys, and interactions with
industry experts, enhancing their skills in quantitative reasoning and policy evaluation. The department also encourages
participation in seminars, workshops, and economic forums, nurturing a culture of inquiry and innovation. This practical
exposure prepares graduates for diverse roles in economic research, financial services, civil services, data analysis,
and development sectors, making the department a vital incubator for future economists and change-makers.
The Department of Economics at Bhuwaneshwari Dayal College, Patna, is committed to delivering excellence in economic
education and research. The undergraduate program provides a strong foundation in core economic principles, quantitative
methods, and policy analysis, supported by a skilled faculty and access to relevant academic resources. The department
emphasizes critical thinking, problem-solving, and ethical reasoning, preparing students for advanced studies and
professional careers in economics, finance, public policy, and academia. Through a balanced mix of theoretical and
practical learning, the department strives to produce graduates capable of addressing contemporary economic challenges
with insight and competence.
INFRASTRUCTURAL SUPPORT
The Department of Economics at Bhuwaneshwari Dayal (B.D.) College, Mithapur, Patna is a premier academic
unit dedicated
to the study of economic theories, policies, and their applications, with a special focus on the developmental
challenges and opportunities in Bihar and India. The department’s infrastructure is designed to foster a
comprehensive
learning environment, blending theoretical rigor with empirical analysis, and aligning with the standards set by
the
University Grants Commission (UGC), the National Assessment and Accreditation Council (NAAC), and
the Patliputra University Patna (PPU).
1. Academic and Research Facilities
The department is housed in a modern wing of the college, featuring smart classrooms equipped with
projectors,
audio-visual systems, and interactive whiteboards. These facilities facilitate innovative teaching
methodologies,
including data visualization, economic simulations, and guest lectures from renowned economists via
video conferencing.
The departmental library is a vital resource, boasting a curated collection of over 2,000
books, including classical
economic texts, contemporary research publications, and region-specific studies on Bihar’s economy.
Subscriptions to
leading journals like Economic and Political Weekly, Journal of Economic Literature, and Reserve Bank
of India Bulletin
ensure access to cutting-edge research and policy analysis.
2. Digital and Technological Resources
To integrate traditional economic study with modern computational tools, the department maintains a
dedicated computer
lab with high-speed internet connectivity. The lab is equipped with software for statistical and
econometric analysis,
such as STATA, SPSS, EViews, and R, enabling students to work with real-world data sets on topics
like poverty,
agricultural productivity, and industrial growth. Access to online databases like CEIC, World Bank
Open Data, and IMF
eLibrary allows students and faculty to explore global and national economic indicators. The
department also utilizes a
Learning Management System (LMS) for distributing study materials, assignments, and feedback,
ensuring a seamless
academic experience.
3. Research and Collaboration Spaces
The department promotes research through its Center for Development Economics, which provides
dedicated workstations for
faculty and postgraduate students. Collaboration with institutions like the Asian Development
Research Institute (ADRI),
Patna, and the National Council of Applied Economic Research (NCAER) facilitates fieldwork,
surveys, and policy
evaluation projects. The department’s seminar hall, equipped with modern presentation tools and
seating for 150
participants, hosts workshops, conferences, and lectures on themes such as rural development, fiscal
policy, and
economic reforms.
4. Practical Learning and Engagement
A distinctive feature of the department is its Economic Data Analysis Lab, where students engage
in hands-on projects
using primary and secondary data to analyze local economic issues. The department also maintains a
A distinctive feature of the department is its Economic Data Analysis Lab, where students engage in
hands-on projects using primary and secondary data to analyze local economic issues. The department also
maintains a policy archive with government reports, budget documents, and economic surveys, serving as a
resource for research and reference. Field visits to agricultural farms, industrial units, and financial
institutions provide students with practical insights into the functioning of the economy.policy
archive
with
government reports, budget documents, and economic surveys, serving as a resource for research and
reference. Field
visits to agricultural farms, industrial units, and financial institutions provide students with
practical insights into
the functioning of the economy.
5. Community Engagement and Outreach
The infrastructure supports extension activities such as financial literacy camps, entrepreneurship
development
workshops, and policy advocacy programs. Students participate in community outreach initiatives,
including internships
with government agencies, NGOs, and microfinance institutions. The department’s digital
repository of research papers
and policy briefs is accessible to researchers, policymakers, and the public, fostering broader
engagement with economic
issues.
6. Safety and Accessibility
The department prioritizes safety and inclusivity, with wheelchair-accessible entrances, fire safety
systems, and secure
storage for archival materials. Digitization efforts ensure the preservation of rare documents, while
climate-controlled
environments protect physical collections.
7. Future Initiatives
Plans for expansion include a behavioral economics lab for experimental research, partnerships
with international
universities for collaborative studies, and the development of an economic policy incubator to
address grassroots
economic challenges in Bihar.
In summary, the Department of Economics at B.D. College combines traditional resources like libraries
and archives with
modern digital tools and practical learning spaces to create an enriching academic environment. This
infrastructure not
only supports rigorous scholarship but also empowers students to engage meaningfully with the economic
and developmental
challenges of Bihar and India.
Number of Seats in U.G. : 200
Number of Seats in P.G. : 30