The Orissa Economics Association, founded in 1968, was accorded the status of a learned registered society by the Government of Orissa under the Societies Registration Act, 1868 bearing the number 5358/1968-69 dated 27.04.1968. It is one of the oldest regional academic associations in the country. The Association was founded in Ravenshaw College, Cuttack, by Professor Sadasiv Mishra (first President), and a dedicated team of eminent economists namely Dr. Debendra Chandra Mishra, Dr. Chakradhar Mishra, Dr. Kshetra Mohant Pattanaik, Shri Ghana Shyam Das, Dr. Baidyanath Misra (First Secretary), Dr. Bidyadhar Mishra and Shri Ranga Lal Agarwal. At present OEA has 682 individual life members and two institutional members.

Objectives :

The broad objectives of the Association are as follows:
a. To engage with debates and discussions on economic issues of contemporary relevance through seminars, symposia and similar events.

b. To contribute towards improving methods and approaches of teaching economics in the state.

c. To strengthen the overall socio-economic research environment and provide policy inputs to the state based on rigorous research.

d. To disseminate research findings and contribute to the capacity building of young and aspiring researchers and teachers.