The Economics Department started in the year of 1964 with BA Economics with one faculty member. In 1978 the Department of Higher Education Govt. of Madhya Pradesh, taken over this college.

Department of Economics is a Research Centre approved and declared since 2022 by Maharaja Chhatrasal Bundelkhand University Chhatarpur. At present 10 scholars of Ph.D. programme are registered in the Department.

Under National Education Policy 2020, Department of Economics offer short term courses on "Chronology of History".