Faculty Development Programme

International Faculty Interaction on Financial Market Stability & Economic Growth
Date: 04/01/2018
Number of beneficiaries: 8
List of Resource Persons with details:
Dr. Sheri Markose, Professor, School of Economics, University of Essex, UK and Founding Director, Centre for Computational Finance and Economic Agents (CCFEA), Essex
Objective: To understand the importance of financial market stability in fostering economic growth.

he session was started with a welcome address given by Shama Stephen, student, IV MA Economics followed by introduction of resource person. The interaction started with a brief introduction of the Centre for computational finance and economic agents followed by the importance of ICT in the financial market research. The resource person had given the example of the role of the financial sector in the Global recession of 2007-08 and highlighted the concepts of shadow banking and misleading measurement of risk. The resource person has stressed on the use of Simulation method and network method to analyze the present market situation. The students have interacted about the applicability of such methods in other related areas. The resource person also talked about systemic risk management as the need of the hour and interacted about the position of India in the Global Recession Scenario.

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