AMU is ranked 33 among all the colleges in India in the 2020 NIRF rankings. The department of Economics was established in 1920. It has flourished well to be one of the main constituent departments of the Faculty of Social Sciences. The total fees of the course are INR 2.32 lakhs. The basic academic requirement for pursuing this course is B.A. with a minimum of 55% marks in aggregate and in Economics or a B.Sc. with a minimum of 55% marks in aggregate and minimum 60% marks in Mathematics/Statistics is eligible to apply for the course. A departmental test is conducted for the admission of students in this course and there are a total of 65 seats. The syllabus is updated regularly with the advancement in the subject, balancing emphasis on theoretical analysis with that on applied economics. This college also holds a good placement record, approximately over 100 companies visit the college every year for placement drive. The college has a good 85% placement rate maintained for the last 5 years. The median salary offered is around 5 LPA.