Department of Economics Education
Education is one of the fundamental factors of development. It enriches people’s understanding of themselves and the world; improves the quality of their lives and eventually leads to broad social benefits. Education raises people’s productivity and creativity and promotes entrepreneurship and technological advances. In addition, it plays a very crucial role in securing economic and social progress and improving income distribution. Therefore, systematic investment in human capital has been considered to achieve sustainable economic development.
Department of Economics Education has been established since B. S. 2050 with the sole objective of producing different levels of teachers, trainers, education experts. The Department of Economics of Education has a special focus on the subject – matter covered by “Economics of Education” and “Teaching of Economics” with inputs from economics core courses and quantitative techniques to integrate education into the broader concept of human development.
The purpose of the Department is to provide advanced knowledge of economics education to produce good economics teachers and specialists of the related area. The specific objective of the Department is to establish the link between economics with education. Currently, the Department runs M.Ed. program in semester basis.
Many scholars have contributed towards the development of the Department and its courses in the past. Their contribution is recorded in the history of the foundation of the Department. The name of those faculties that have served in the past is arranged according to the date of retirement.
- Mr. Batuk Prasad Raj Bhandari
- Prof. Dr. Bhuchandra Prasad Baidya
- Dr. Kumar Kant Jha
- Prof. Dr. Bishwa Keshar Maskay
- Prof. Dr. Shanta Singh
- Prof. Dr. Mahesh Raj Dahal
- Prof. Dr. Dhruba Raj Shiwakoti
Present Faculty Members
Dr. Binaya Kumar Kushiyait, Professor
Dr. Surya Bahadur Thapa, Professor
Mr. Bishnu Bahadur Luitel, Associate Professor
Mr. Min Raj Paudyal, Lecturer
Mrs. Padma Kaphle, Lecturer
- Mr. Narayan Bhattarai, Head Assistant
Ed. 511 Foundations of Education
Ed. 512 Measurement and Evaluation
Ed. 513 Advanced Educational Psychology
Eco. Ed. 515 Micro Economics
Eco. Ed. 516 Economics of Development and Planning
Eco. Ed. 517 Statistics for Economics of Education
Eco. Ed. 518 History of Economics Thoughts
Ed. 521 Curriculum Practices
Ed. 522 Education and Development
Eco. Ed. 525 Macro Economics
Eco. Ed. 526 Mathematics for Economics Education
Eco. Ed. 527 Money Making and Finance
Eco. Ed. 528 Education Finance
Ed. 532 Research Methodology in Education
Eco. Ed. 535 Teaching Economics
Eco. Ed. 536 Educational Planning
Eco. Ed. 537 Rural Development
Eco. Ed. 538 International Economics
(Students can choose either Eco. Ed. 546 or Eco. Ed. 547, in addition to one core course and practice teaching)
Eco. Ed. 546 Managerial Economics
Eco. Ed. 547 Tourism Economics
Courses and Description
Course Title: Micro Economics
This course is designed for the students specializing economics education at Master Degree in Education in Tribhuvan University. It contains theory as well as the application of micro economics. This course deals with the theory of consumer behavior, theory of production, theory of cost and revenue, theory of product pricing and theory of factor pricing. It aims to provide the knowledge on micro economics with numerical exercises.
Course Title: Economics of Development and Planning
This course is designed for those students who specializes Economics in Education at Master Degree in Education. It comprises two parts. Part I deals with economics of development and Part II deals with development planning. Economics of development includes changing concepts and constraints of economic development, theories of economic growth and development, and issues in economic development and part II covers development planning and its tools.
Course Title: Statistics for Economics Education
This course is designed for those students who specialize Economics Education in first semester. It includes the application of probability distribution, correlation and regression, sampling, and estimation and hypothesis testing. This course is to acquaint the students with some of the analytical tools in economics.
This course is best suited to a lecture format, although students are encouraged to ask questions and participate. Tutor will spend so much time talking to other economists that he/she may sometimes use economics "jargon" without realizing it--stop him/her and ask what a new word means. If you are prepared for class but something he/she says is confusing, let him/her know! On the other hand, he/she will resist slowing down the class for a few people who are unprepared. Everyone is expected to read about each topic in the text before the topic is presented in class. You will only be tested on the material covered in class. For example, he/she will not ask you a test question that expects you to remember a topic or application from the text not covered in class. Instead, the text should be used to help you understand the lectures. (1) Before class, be prepared by reading a little bit ahead in the text and looking at the lecture slides if they are posted. If you have already seen the material, the lectures will be easier to follow. (2) After class, reread the text. Sometimes the text will explain a concept better than he/she did in class. (3) In studying for tests, use the text to "flag" material covered in class that still is not clear. Also, take advantage of the text’s website. Homework must be your individual work, and copying the answers of another student is definitely cheating. On the other hand, you are encouraged to get together in groups to discuss the course and even how to get started on the homework. If you have any questions about what is allowed and what is not, see your class teacher.
Course title: History of Economic Thought
This course is designed to provide an in-depth knowledge on evolution of economic ideas, thoughts and theories emerged historically from different schools of thoughts since ancient time to date. This course traces the history of oriental and occidental economic ideas and thoughts from ancient to modern times with an emphasis on developments since the period of Kautiliya and Adam Smith respectively. This course attempt to strengthen the interactions between students and teacher in building a discipline called "economics" - the influence of technological change and the social, business, and political environments on economics including the influence of economists on society. In addition, the main aim of this course is to make students enable to examine the progress of the principles of economics from their formative stages to modern times.
Course Title: Macro Economics
This course is designed for the economics education at master level. It contains theory as well as the application of macro economics. At first, thecourse deals withthe basic concepts of macro economics. Then it proceeds with national income accounting system from theory to its application, classical theory of income and employment, Keynesian economics of income determination, supply of and demand for money and the rate of interest. Finally, it includes the IS-LM Framework under fixed price level and the relationship between inflation and unemployment rate.
Course Title: Mathematics for Economics Education
This course is designed for Economics Education at M.Ed. level. It includes the application of matrix and determinants, application of differentiation, application of integration, differential equation, difference equation, and linear programming.
Course Title: Money Banking and Finance
This course is designed to provide a thorough understanding of the concepts of money, banking, and financial system/markets. This course may help the students to examine not only the origins and nature of money, but also the different theories of money, interest rate, inflation, development of banking system, functions of central bank and commercial bank, money market and capital markets and the foreign exchange market, exchange rate and exchange control.
Course Title: Education Finance
This course is designed to impart knowledge of contribution of education to economic growth and the economic aspect of educational cost and financing system. It is intended to develop acquaintance with human capital, demand for education, cost benefit analysis, job training, and educational finance, efficiency of education and education and employment.
Course Title: Teaching Economics Education
This course intends to orient the prospective teachers on economics towards the nature of economics education. The basic objective of this course is to enhance teaching skill of prospective teachers of economics education. Since the course has been developed considering the applied side of economics education which demands to impart both theory and practical knowledge of the students.
Course Title: Education Planning
This course is developed to provide specialized knowledge on educational planning and the economics aspect of educational system. It has covered educational planning through the economic aspects and educational plan and project analysis, approaches to educational finance, educational planning and labour market, human resources. This course is also developed to meet the need of those students who wish to become the teacher of economics of education as well as who plan to go for advance study in economics of education.
Course Title: Rural Development
This course is designed to provide an in-depth knowledge on elements of the rural economy as well as geography, demographic and ethnic diversity of rural areas including rural resources, rural infrastructure and social services development. It aims to provide specialized knowledge on sectoral development of the rural economy, rural tourism, status of community based programmes for rural economic development in Nepal and planning and implementation approach for rural economic development. Moreover, it also aims to develop the skills of report writing about rural development.
Course Title: International Economics
The course offers a rigorous combination of theoretical and application-oriented courses in economics. The course opens up international macroeconomic issues focusing on international trade theory and policy. This course provides an analysis of the trade problems and forums specially linked with developing countries.
Course Title: Managerial Economics
This course provides students an understanding of the tools and techniques of economics and its application in various areas of corporate decision making. The contents included in the course are decision-making criteria and procedures, demand and cost theory, pricing theory (including price positioning), managerial theories and the organizational nature of the business. The course helps the students to appraise business around him and to develop skills related to operate decision on the future prospects of business.
Course Title: Tourism Economics
This course intends to provide an understanding of the basic concepts of tourism from an economic prospective. It comprises five units. Contents in the course start from nature of tourism economics followed by demand for tourism, supply of tourism products, tourism and economy, and tourism in Nepal.