The department of Economics was established in the year 1969 as the part of Swami Ram Tirth Govt. Degree College. The main objective of the establishment of the department was to provide quality education in the subject of Economics to the under-graduate students of this hilly region. Later on, this college had become constituent college of Garhwal university. The post graduate classes had been started in the year 1977. Since then, the department has been catering the needs of education and research in Economics. The campus at old Tehri was shifted to Badshahithaul in the year 1998 due to the construction of dam. Economics as a subject is available at under-graduate and post-graduate levels for the students. Research facilities are also available in the department. The syllabi prescribed for UG and PG students are based on UGC guidelines with the intention to provide students fundamental principles of the subjects as well as recent developments in the subject. This post-graduate department is pursuing research in the fields of international economics, regional development, transport, tourism and finance etc.

The department has sufficient infrastructure with one forty seated lecture room and two staff cabins. The department is equipped with computer and internet facilities.