Envisions a reputed centre for economics education focusing on dynamism and global visibility for the learner.

To enhance the capacity of the students through application oriented creative    learning of economics education.

To enhance their employability in private sector, voluntary sector and public    sector through relevant exposure to students during collegiate days.

The Department of Economics is one of the earliest full-fledged under-graduate departments of the American College started in early 1930’s. In the beginning, it was a composite department with Commerce and History as an integral part of the programme. Over the years, the Department of Economics has grown as one of the largest departments in the College with 15 faculty members with research bent up mind and over 300 students. The Department of Economics is known for teaching economics with quantitative treatment in higher education. Also, it is worthy to mention that Department of Economics is one of the pioneers in Tamilnadu to introduce teaching Economics in Tamil medium of instruction (regional language). Subsequently, Department of Economics is offering Under-Graduate programme in Economics in both media of instruction namely Tamil and English.

The department started its Post-Graduate Programme in Economics in the academic year 1984-85 by which its contribution to application oriented higher education in economics has been overwhelmingly recognized and highly appreciated. By recognizing the Academic Excellence, the Madurai Kamaraj University granted the status of Research Centre to the Department of Economics in the academic year 1996-97. Subsequently, the department started M.Phil. programme in Economics in the academic year 2005-06.