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Economics Department
Department of Economics
  • Introduction
  • Staff members
  • Activities
  • Career Options
  • Staff Achievements
  • Students Achievements
  • Syllabus (M.A. Economics)
  • Eligibility Criteria and Course Structure (M.A. Economics)
The Department of Economics, established in 1961, is one of the oldest departments of Mithibai College. It offers a 3-year integrated B.A. programme in Economics covering a total of 9 papers (Microeconomics, Macroeconomics, Indian Economy, Advanced Economic Theory, Growth and Development Economics, Indian Financial Economics, Elementary Mathematics and Statistics for Economic Analysis, International Economics, and Export Management).

The college also offers M.A Economics (CBCS)
The objectives of the course -
  • Provides a solid background in advanced economics and upgrades the skill sets required in applied economic analysis.
  • Formulating hypotheses in social sciences and testing them.
  • Conduct research to evaluate significant questions in social sciences by reviewing academic literature, collecting data, and applying econometric methods.
  • Beneficial for students wishing to do Ph.D program.
  • Geeta Ozwald MenezesGeeta Ozwald MenezesHead of Department, Assistant Professor
  • Megha B. PaiMegha B. PaiAssistant Professor
  • 1Ms. Preksha LalwaniAssistant Professor
  • Geeta Ozwald MenezesGeeta Ozwald MenezesHead of Department, Assistant Professor
  • Megha B. PaiMegha B. PaiAssistant Professor
  • 1Ms. Preksha LalwaniAssistant Professor
M.A Economics Departmental activities-
  • Visits to RBI monetary museum, NSE
  • Students of M.A part I had participated in a social awareness program on demonetization
  • Students attended talk by Mr. Andreas Bauer, Senior Resident Representative of IMF for India, Nepal & Bhutan  and lecture on “25 years of Economic Reform and the Challenges ahead” by Mr. P. Chidambaram, Hon'ble MP and Ex. Union Minister for Finance, GoI
The Department of Economics conducted Preliminary examination for TYBA students from 5th October to 14th October 2017
The Department of Economics conducted a 2 day festival ‘Economania 2016’ on 15th and 16th December 2016. The festival involved various competitions and games centered around use and application of economic theory such as
1) ‘Words Worth It’ - Debate Competition. The topic of debate for the final round  was demonetization and it’s effects on business.
2) ‘Rural le-Carte’ - Product Positioning for rural markets using poster, skit or PPT presentation.
3) ‘Chubby Bunny’ – Game of Taboo.
4) ‘ Check Your Moves’ – Scrabble and Monopoly with Economic twists.
5) ‘Land ‘ – Mock Stock Exchange for commodities trading.
The venue was 403 and 404 Annexe and the event received an enthusiastic response from FYBA , SYBA and TYBA Economics students with a footfall of 80 participants and 4 judges.
  • The Department of Economics organized a talk by Mr. Mukul Goyal, Executive Director Equities, ENAM Securities, on 'Careers in Investment Banking' on 25th January 2017.

  • The department of Economics conducted preliminary examinations for T.Y.B.A students from 27th September to 3rd October 2016. The topper of last academic year (2015-16) Ms. Shubhada Kalkoti interacted with TYBA students on 21st September 2016 on ‘Study plan and preparation for semester V Board Examination’.
  • The department of Economics organised a guest lecture by Dr. Indradeep Ghosh, Faculty member of Meghnad Desai Academy of Economics on 28th September 2016 for FYBA students on ‘Eurocrisis’.
  • The Department has created a blog titled ‘ Mithibai Economics Club’ for it’s students to discuss contemporary socio-economic issues 
  • Mr. Shivendra Singh, alumnus, delivered a guest lecture on 29th  June 2016 for our T.Y.B.A Students on “BREXIT Crisis” 
  • Mr. Shivendra Singh, alumnus, delivered a guest lecture on 30th  June 2016 for  our T.Y.B.A Students on “Basic Accounting Principles” 
  • Mr. Dharmendra Goyal, Director, Shreedhar Cotsyn Private Limited delivered a guest lecture on 28th July 2016 on “Export management: Policy, Procedures and Risks” for our T.Y.B.A Students.
  • Ms. Zahra Kazi, alumna, delivered a guest lecture on 26th  June 2015 for TYBA students on “Role of Infrastructure in Economic Development”
  • Mr. Siddharth Chandani Research Associate CRISIL) delivered a guest lecture on 27th  June 2015 for TYBA students on “Role of Credit Rating Agencies in Financial System”
  • Mr. Ajit Kumar (Chief Manager, Indian Overseas Bank) and Mr. Ajay Chauhan (Assistant Manager, Indian Overseas Bank) delivered a guest lecture on 4th July 2015 for students on “Career in Banking” 
  • Mr. Shivendra Singh, alumnus, delivered a guest lecture on 10th  July 2015 on “Greece Debt Crisis” for S.Y.B.A and T.Y.B.A Students
  • Various Competitions (Product Positioning, Poster Presentation, Debate, Quiz, and Skit) were organized under Economics Fest, “ECONOMANIA 2015”on 31st July 2015 and 01st  August 2015
  • T.Y.B.A Students were invited by Megnad Desai Academy to attend a talk delivered by Dr. Arvind Subramanian (Chief Economic Advisor to the Government of India) on “How is India’s Economic Survey Done” on 13th August 2015
  • Mr. Santosh Kanekar, Global Funds Consultant, Mckinsey, delivered a guest lecture on 17th December 2015 for SYBA students on “Basics of Stock Market”
  • Ms. Venu Swadia, alumna, delivered a guest lecture on 4th January 2016 for T.Y.B.A Students on “Case for Fixed and Flexible Exchange Rates”
  • T.Y.B.A Students visited YMCA NGO on 6th February 2016 to impart value education to school children
  • A Mock Stock Exchange Session was conducted by Mr. Yash Rabadia for S.Y.B.A and T.Y.B.A Students on 23rd February 2016
B.A in Economics equips our students to understand, analyze and address complex local, national and international economic issues by applying creative thinking skills and appropriate quantitative techniques and prepares them for diverse careers in academia, financial markets, banking, insurance, credit rating, civil services, etc. Economics students have one of the highest employability records of all social sciences. Population explosion, limited resources, diverse wants, absolute deprivation, denial of choices and opportunities, glaring income inequalities, environmental degradation, financial crisis, slowdown of economic growth, rising unemployment, inflation, fiscal deficits and balance of payments problems will occupy economists for many years to come, making economics more important, exciting and challenging than ever.

Prof. Geeta Menezes

  • Attended a workshop on ‘Curriculum Design and Development’ organised by the IQAC Committee, Mithibai College on 24th August 2016.
  • Attended a workshop on ‘Revised Syllabus for MA Part I Economics’ organised by Pragati College on 29th August 2016.
  • Research Paper “Gender Budgeting in India: Concept, Initiatives and Concerns” published in Episteme, an online peer reviewed Journal, Vol. 5(1), June 2016 with ISSN 2278-8794.
  • Research Paper “Farmer Suicides in India: Trends, Causes and Policy” published in Research Horizons, Vol. VI, July 2016, indexed refereed international journal with ISSN 2229-385X and impact factor 0.210.
  • Research Paper “Mid Day Meals: What, Why and How” published in Research Horizons, Vol. IV, July 2014, indexed refereed international journal with ISSN 2229-385X
  • Participated in Workshop on “Energy Options in India”, organized by Mithibai College on 23rd August 2014
  • Research Paper “Role of Food Service Providers under the Mid Day Meal Scheme” published in International Journal of Research, Vol. 4 (1), December 2014 with ISSN 2231-6124
  • Research Paper “Performance Evaluation of Mid Day Meal Programme: Evidence from Rural India” published in International Conference Proceedings with ISBN 978-93-83072-69-9.  The International Conference “Rural India in the 21st Century” was organized by Amlani College on 14th January 2015
  • Research Paper “Sarva Shiksha Abhiyan and Educational Development” published in Research Horizons, Vol. V, July 2015, indexed refereed international journal with ISSN 2229-385X and impact factor 0.210
  • Received a Minor Research Grant of Rs. 35,000 from BCUD for the Project “Role of food Service Providers- A Study of BMC Schools”.  Project completed and submitted in July 2015
  • Research Paper “Open Defecation in India-Issues and Challenges” published in International Journal of Research, Vol. 5 (2), December 2015 with ISSN 2231-6124
  • Research Paper “Genesis of Mid Day Meal Programme in India” published in EPISTEME, an online peer reviewed Journal, Vol. 4(3), December 2015 with ISSN 2278-8794
  • Participated on the first day of the two-day residential workshop on “Sustainable Quality Enhancement” at Keshav Srishti, Uttan, organized by IQAC, Mithibai College, on 18th-19th March 2016

Prof. Megha Pai

  • Megha Pai participated in a Syllabus Revision workshop for Syba Economics paper 3 conducted by D.G. Ruparel College on 7th October 2017
  • Attended a workshop on ‘Curriculum Design and Development’ organised by the IQAC Committee, Mithibai College on 24th August 2016.
  • Appointed moderator for TYBA Economics Paper – IV (Advanced Economic Theory) at CAP, University of Mumbai in June ‘2016
  • Appointed member on the ad-hoc BOS for FYBA Economics Paper – I for framing syllabus and developing content under the new CBSGS (100 marks ) pattern of Examination introduced by the University of Mumbai in this academic year 2016-17
  • Attended State level Syllabus revision workshop in FYBA Microeconomics Paper – I organized by D. G. Ruparel College on 15th July 2016
  • Attended the Intercollegiate level First Term Training Programme for DLLE Extension work teachers and student managers on 16th August 2014 at St. Teresa’s Institute of Education, Santa Cruz (W)
  • Participated in two-day residential workshop on “Sustainable Quality Enhancement” at Keshav Srishti, Uttan, organized by IQAC, Mithibai College, on 18th-19th March 2016

Ms. Preksha Lalwani

  • Appointed as Paper Setter, Moderator & Examiner for M. A. (Sem-II) (Choice Based Credit System) for Microeconomics –II, University of Mumbai in May 2017
  • Research paper “Listing Day Performance of IPOs during 2012-2016.” published in Podar Prabodhan, An International Inter Disciplinary Research Journal, Vol. 4, 2016
  • Participated in MCX-IPF sponsored 2 days Faculty Development Program on “Commodity Derivatives Market” held on 23rd & 24th   March 2017 at Pondicherry University

  • Garima , a TYBA student won the Campus Princess title in pageant, part of Miss India Organisation conducted in National College on 14th February 2017.
  • Megha Sethia, Piyush Sarawagi and Mitesh Singhvi attended a training session on Investment Banking by Mr. Varadharajan Raghunathan  organised by Finnacle from February 11 to 13, 2017.
  • Megha Sethia, Piyush Sarawagi and Mitesh Singhvi attended series of talks on 'Pharmceutical Industry' by Mr. Ankit Gupta and'Behavioural Finance' by Mr. Rajeev Thakker, CEO of PPFAS Mutual Fund organised by Finnacle Investment Academy in Surat on February 18, 2017.
  • Megha Sethia, Piyush Sarawagi and Mitesh Singhvi completed a certified course in Financial Modelling by Moody's Analytics from February 21 to 27, 2017.
  •  Vijay Parekh won 2nd runners up position in S P Jain's Inizio Festival Mock Stock Exchange on 17th February 2017.
  • Vijay Parekh had his article “Stock Exchange as an economic barometer” published in the first issue of online E-journal ‘The Economic Transcript’ December 2016under the Mithibai Economic Forum.
  • Mansi Mistry, a TYBA student was selected through the Placement Cell, Mithibai College by ‘Aufklaren’ company, working for IIMUN as Senior Business Development Executive on 15th December 2016.
  • Kajal Sharma, a TYBA student represented Mithibai College and won 2nd prize in Hindi Self Poetry Competition organized at B M Ruia Girls College on 16th December 2016.
  • Sharmeen Rizvi participated in the National level West Zone University Tournament held on 21st and 22nd December 2016.
  • Our T.Y.B.A. students Megha Sethia, Piyush Sarawagi, Mitesh Sanghvi, Yamini Pant, Jesslyn Arora and Rishabh Khaneja won the Best Contingent trophy at Christ University’s National level Economics Fest ‘Altius’ in Bangalore on 17th September 2016 
  • Megha Sethia, Piyush Sarawagi and Mitesh Sanghvi cleared Chartered Financial Analyst Level One Exam in June 2016. Megha Sethia and Piyush Sarawagi are among the world’s top one percent of students who have cleared the CFA level one exams with a ten on ten grade
  • Dwayne Rebello participated in the Forum 2014 of Navarra University, Spain and presented a Research Paper “The Nature Deficit Disorder” in May 2014
  • Ms. Shalini Roy was selected for Student Internship Exchange Program’ for imparting cultural education in Cairo from 22nd April-29th May 2014
  • Ms. Shalini Roy selected for “2015 Teach for India Fellowship Program” in March 2015
  • Megha Sethia was awarded best speaker runner up at ‘Reclamo 2015’ – All about Logos in August 2015
  • Megha Sethia worked as Rapporteur for ECOSOC Committee at ‘Gnaritas MUN’ held in September 2015
  • Piyush Sarawagi participated in the final round of ‘Quiz on the Beach’ Event in December 2016
  • Preeti Asthana participated in ‘The Harvard College US-India Initiative Conference 2016’ on 8th and 9th January 2016
  • Megha Sethia and Piyush Sarawagi awarded first prize in ‘Aahan Business Quiz’ organised by UPG College in January’ 2016
  • Mitesh Singhvi and Megha Sethia awarded first prize and cash reward of Rs.10,000 in ‘Ka-Ching Business Quiz’ organised by Sarla Anil Modi School of Economics on 22nd January 2016
  • Megha Sethia awarded first prize in ‘Finanza’ Event on (Derivatives and commodities trading)  organized by BFM Department of Mithibai College on 25th January 2016
  • Aparajita Kadvekar awarded the runner up prize in ‘Arthotsav’ organised by D.G. Ruparel College on 5th February 2016
  • Rishabh Khaneja, Simran Tibrewala and Nupur Rajoria awarded  first position in ‘I-Business Idea of the year’ event organised by Podar College  on 8th February 2016
  • Jai Goradia was awarded second prize in Debate Competition, first prize in Management Event and first prize in the Conference Event in ‘Arthanomics’ organized by Jai Hind College in 2015-16
  • Jai Goradia was awarded first prize in Debate Competition organized by Sardar Patel Institute of Technology in 2015-16
  • Jai Goradia was awarded third prize in ‘NMIMS Crossfire Debate Competition’ in 2015-16