History of Economics Department
The department of economics one of the oldest in the university is the parent department of both political science and commerce. It was established in 1918 as the department of political economy with the legendary professor Gurumukh Nihal Singh Ji as its first head. Political science was born from the mother department in 1920 and commerce in 1951. In its nearly 100 years of existence, the department has been home in a galaxy of eminent scholars like Prof. H.L. Chabalani, Prof. Gyanchand, Prof. R.N.J. Saha, Prof. A.K. Das Gupta, Prof. R.N. Bhargava, Prof D.K. Srivastava etc.
The faculty members have contributed immensely to the existing body of knowledge in the discipline and have served the nation in different capacities, such as regional chief(eastern zone), I.M.F.; deputy director general, NCAER; member, finance commission; director, madras school of development studies, etc.. They have also served a number of prestigious foreign universities like Cambridge, Harvard, Colombo, Ohio and Missouri as visiting fellow/Professors.
In the centenary year of the university, it is proud to say that department of economics, BHU, is one of the top most teaching departments of the country. Many other faculty members of the Department have also visited foreign universities for Academic work and have published papers in reputed National and International Journals. Number of foreign students and students from different parts of the country has been growing over the years. A Research unit by the name of Growth Centre was established in the 1988 as the part of the department to undertake research projects in agrarian relation, rural employment, changing pattern of income distribution and poverty.
The department has a significant footprint in both, the government sector and the corporate world with our alumni occupying important position in academia, banking, research cells, Media analytics and government bodies. Shri L.K. Jha, Dr. P.N. Prasad, Prof, B.R. Shenoy have been some of the profound alumni of this department. Department has adopted semester at U.G. level and choice based credit system since long. Department has a glorious past and endeavoring hard to establish new benchmark of excellence.