By Ahalya P. Rajesh, Junior Editor The objective of structuring a policy, a principled guide to action put in place by the executive branch of the government, is to help solve one of society’s numerous problems and in some cases, to prevent disastrous situations from arising. There is no better case to analyse and study [...]
Ever wondered why Economists are crucial to a business entity? Why, except for the obvious, are Economists so valuable in the world of commerce? Why Economics is still a very popular choice among students? The wide applications and reach of Economics as well as how concepts of economic theory convert into millions of dollars will [...]
Ever wondered why classical economists assume all people to be rational? Ever wondered if there was more to economics than the classical school of thought?
Mythology has always been believed to be equivalent to religion, to be a professor of facts about the propitious past, about supreme deities with astounding powers. There only seems to be a fine line between the two, but one can transcend these limiting definitions and dive into this subject, which has a lot more [...]
Economics, the study of every day, An outsiders perception of the human ways A representation of daily decisions on a graph, A case study analyzing the price of your car Economics is every where! A tax that lowered your purchasing power, The consequences of a country's recession, very far The reason why a rupee has [...]
They say a James Bond movie is only as good as its villain. England's top spy has gone head-to-head against a variety of foes in the half-century of its existence. Ian Fleming, the writer of the James Bond novels, on which the multi-billion film series is based, wrote that “These days, the heroes and villains [...]
Economics has been the silent player in every war fought, both in literature and in the real world.