ROLE OF EMPATHY IN ECONOMICS

According to American Psychological Association empathy indicates understanding a person from his or her frame of reference rather than one’s own .That is, vicariously trying to experience other person’s thoughts, feelings and perceptions.

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Young Economists Research Competition

Meghnad Desai Academy of Economics is excited to announce its 3rd edition of Young Economists Research Competition. YERC is a Research Competition where we give undergraduate students the opportunity to master the art of writing a research paper, choosing 1 out of 4 interesting topics.

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Poor Economists- Nobel laureates

Abhijeet Banerjee started his research on experimental approach to alleviating global poverty two decades ago along with his wife Esther Duflo. After the Mrydals (1930s), they are the second couple to win nobel prize in social sciences.

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Auto Industry Report

India’s passenger vehicle industry, witnessed its worst performance in 19 years in July 2019. For the last 12 out of 13 months, the sector has seen fall in sales. Last year during the same time, almost 2,90,931 units had been sold . This year the sales figure has dropped by 31% to 2,00,790 vehicles.

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Sustainable Development by Dr. A Vasudevan

The students of the Academy had the opportunity to interact with Dr. A Vasudevan, former Executive Director at the Reserve Bank of India. Dr. Vasudevan delivered an engaging talk on the topic, “Hello to Sustainable Development and Goodbye to Fixed Fiscal and Monetary Policy Rules: Snippets of the India Story.”

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