The Department of Economics is one of the oldest departments of St. Xavier’s College, Ranchi established in 1944, The Department started B.A. Pass Course Programme in the year 1947.

A three-year Honours Course in Economics was started in 1969. The Department is committed to the complementary goals of providing quality undergraduate and post-graduate education and producing qualitative economic research.

The goal of the curriculum is to help students develop an understanding of how individuals, organizations and societies make the choices that determine how an economy’s scarce resources are allocated among alternative uses, and theconsequences of those decisions.