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Deola Education Society's

Karmaveer Ramraoji Aher Arts, Science and Commerce College, Deola

Unipune ID : CAAN017490

NAAC Reaccredited 'B+' Grade with CGPA 2.64

Affilation ID : PU/NS/ASC/022/(1978)

Affiliated to Savitribai Phule Pune University

Best College Award from Savitribai Phule Pune University

 Latest News
  • Certificate program in Banking, Finance and Insurance : Course is conducted by college in Commerce Department View Pdf More...
  • राष्ट्रीय अखंडता शिबीर (दिल्ली) : येथे होणाऱ्या शिबिरासाठी महाराष्ट्र डायरेक्ट मधून महाविद्यालयाचे NCC अधिकारी लेफ्टनंट बी.एस. लाड व विद्यार्थिनी लक्ष्मी पवार यांची निवड झाली आहे. View Pdf More...
  • १४ अग्निवीरांची सैन्य दलात निवड : क.रा.आहेर, महाविद्यालयातून १४ अग्निवीरांची सैन्य दलात निवड झाली आहे View Pdf More...
  • महाविद्यालयात कर्मवीर रामरावजी आहेर यांना १ जानेवारी रोजी २९ व्या पुण्यतिथी निमित्त अभिवादन करण्यात आले : या प्रसंगी प्रमुख पाहुणे म्हणून मा. प्रा.डॉ. यशवंत पाटील सर, मिनाज बेग मिर्झा राहुल जोरे उपस्थित होते. View Pdf More...
  • "बांधिलकी" राज्यस्तरीय पुरस्काराने सन्मानित : महाविद्यालयाच्या "बांधिलकी" या नियतकालिकाला यशवंतराव चव्हाण केंद्राच्या वतीने राज्यस्तरीय द्वितीय पुरस्काराने गौरवण्यात आले. View Pdf More...
  • रुद्रयोग बहूउद्देशीय विकास संस्था व मानस कॉम्पुटर चा पुरस्कार मा. प्राचार्य हितेंद्र आहेर यांना प्रदान करण्यात आला. सामाजिक व शैक्षणिक क्षेत्रात उत्कृष्ट काम केल्या बद्दल हा पुरस्कार देण्यात आला. View Pdf More...
  • आदर्श संस्था पुरस्कार : हिंदू हृदयसम्राट बाळासाहेब ठाकरे यांच्या स्मृतीप्रित्यर्थ शिवसेनेतर्फे नाशिक येथे देवळा एज्युकेशन सोसायटीचा आदर्श संस्था म्हणून गौरव करण्यात आला. View Pdf More...
 Scope and Importance
The Department of Economics is one of the oldest departments in our college since the college is established in 1978. The subject is taught in Arts and Commerce streams. The department is proud to have its former students and teachers contributing in various fields like academics, corporate, government etc.The department believes in teaching economic theory and applying it to the day to day issues to understand the intricacies of economic life. The scope of economics’ is a broad subject and encompasses not only its subject matter but also various other things, such as its scientific nature, its ability to pass the value judgments, and to suggest solutions to practical problems. Economics is relevant not only to the big problems of society, but also to the personal problems, such as one’s job, wages, unemployment, the cost of living, taxes and voting. The study of economics is extensive and varied. The scope of economics depend upon the interaction of economic agents and how economies works. Let’s analyze the scope of economics deeply. Economists use different economic theories to solve various economic problems in society. Its applicability is very vast. From a small organization to a multinational firm, economic laws come into play. The scope of economics can be understood under two subheads: Microeconomics and Macroeconomics. Let’s discuss these in detail: Microeconomics:- Microeconomics examines individual economic activity, industries, and their interaction. It has the following characteristics: Elasticity: It determines the ratio of change in the proportion of one variable to another variable. Theory of Production: It involves an efficient conversion of input into output. Cost of Production: With the help of this theory, the object price is evaluated by the price of resources. Monopoly: Under this theory, the dominance of a single entity is studied in a particular field. Oligopoly: It corresponds to the dominance of small entities in a market. Macroeconomics:- It is the study of an economy as a whole. It explains broad aggregates and their interactions “top down.” Macroeconomics has the following characteristics: Growth: It studies the factors which explain economic growth such as the increase in output per capita of a country over a long period of time. Business Cycle: This theory emerged after the Great Depression of the 1930s. It advocates the involvement of the central bank and the government to formulate monetary and fiscal policies to monitor the output over the business cycle. Unemployment: It is measured by the unemployment rate. It is caused by various factors like rising in wages, a shortfall in vacancies, and more. Inflation and Deflation: Inflation corresponds to an increase in the price of a commodity, while deflation corresponds to a decrease in the price of a commodity. These indicators are valuable to evaluate the status of the economy of a country. Economics is also an art, We find that economics offers us practical guidance in the solution of economic problem.
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