The Department came into being in 1981 with the introduction of Economics as a subsidiary subject followed by the B.A. Degree Programme. A scholarship has been instituted in memory of Sri. John V. Abraham, a beloved alumnus of the Department. The scholarship is awarded to the best outgoing student of the Department every year. ‘ECON’ is the old students association of the Department that has an actively functioning blood donor’s forum and eye donor’s forum.