Young Economists Research Competition
On March 9, 2018 5 enthusiastic teams came together at Meghnad Desai Academy of Economics to battle it out for the award of the best research presentation in the Young Economists Research Competition, 2018.
The 5 finalist teams were selected from a large pool of applicants and represented colleges like Sophia’s (Mumbai University), St. Xavier’s (Jaipur), Sarla Anil Modi School of Economics, NMIMS. Out of the 5 teams, 2 teams had one participant each and the rest were 2-member teams.
The teams presented their research on the following very interesting topics:
- GST- What was the objective? Is it being achieved?
- How can India become a nation of innovators?
- Does good economics require bad politics?
The opening address was given by Dean of Meghnad Desai Academy of Economics, Professor Indradeep Ghosh and the esteemed judges of the event were, Mr. Arijeet Banerjee (MD with Deutsche Bank) and Professor Shagata Mukherjee from MDAE.
Each team was given 20 mins presentation time and 10 mins for Questions and Answers from the judges and the audience.
For their chosen research topic, the teams presented their stance with compelling arguments backed by data analysis. MDAE made arrangements to allow one of the teams from St. Xavier’s Jaipur to present their research over Skype. The QnA saw some interesting discussions between the audience, judges and participants and tested participants’ abilities to defend their arguments.
To everyone’s surprise and delight the judges announced two teams as first prize winners and one team as third prize winner.
1st prize winner Sarwari Das from Jai Hind College presented on the topic, “How can India become a nation of innovators?” and proposed support to frugal innovation as a solution to make India a nation of innovators. Her work was applauded for taking a fresh take on the problem.
Sarwari shared her 1st position with Nidhi Taparia from St. Xavier’s Jaipur who presented on the topic, “Does good economics require bad politics?” and was applauded for supporting her argument with interesting correlation.
Since there was tie for the first position, the third position was grabbed by Meet Mehta and Maneka Prabhu from Sarla Anil Modi School of Economics, NMIMS who presented on the topic,” GST- What was the objective? Is it being achieved?”. The team argued that GST had no effect on the stock returns and judges liked their sector wise analysis.
The competition came to an end with the closing remarks by both the judges and individual feedback to each of the teams present.
Participant Feedback1. How was your overall experience with the YERC?I would say my experience has been learning. I thoroughly enjoyed with the kind of competition it has turned out to be. Just that I would like to have a look at what were the contents of others’ papers.2. Did you like the topics that were given?Yes, totally. In fact, I felt the topics provided the much needed room for creativity. And since they came from different segments altogether, the quality was only magnified.3. Was the feedback session with Dr. Indradeep helpful? Why? Why not?It definitely was helpful. I loved the way Professor gave me meaningful insights into the paper, in a very understandable form. Difficult topics can be understood way better this way. I will surely include the suggestions he gave me. Please convey my apologies to sir for not having included his suggestions before.4. Any suggestions for next year?Maybe a greater number of teams can improve the competitiveness and overall experience.5. Can you describe your overall experience in a few sentences.
This being my first research competition, has been a wholesome experience. The fact that I got to present virtually gave me another learning skill. I felt the coordinators were also really cooperative. Shaili ma’am has been there throughout. Pujan sir helped me technically. And Prof Ghosh’s insights have helped me intellectually. So it’s been a great great experience. A big thank you to all.