• Advancement of academic knowledge, preferably in social sciences, through the encouragement of academic study and research.
• To promote high standard scholarship through advancing economics, finance, and business knowledge.
• To facilitate communication among scholars through meetings.
• To promote publication opportunities through its official publications and special issues in well-known journals.
• To provide networking opportunities for scholars through conferences.
• To play an essential resource for information and education.

The aim of the Association is investigations relating to improvement of the economic and social conditions of life, and such related developmental issues of the Indian economy in general and other emerging and advanced economies in particular.