Time: 10.30 AM
Resource Person: Dr.Alex M Thomas
Classes Attended & Number of beneficiaries: External Participants: 189 Students Internal-150 Students (I & II MA 15 Students and 135)
Topic: “Nobel Laureate Prof.Amartyasen-Humane Face of Economics”.
The Department of Economics organized a guest lecture on the topic “Nobel laureate Prof.Amartyasen-Humane Face of Economics”, on 3rd November 2020. The Resource person was Dr. Alex M Thomas, Assistant Professor, AzimPremji University, and Bangalore. He talked about the concepts of surplus approach, marginality approach, the capabilities approach and Pareto efficiency. According to Pareto, an economy has to allocate its resources in order to obtain maximum level of efficiency, and no change can be made without making someone worse off.
He emphasized on the importance of education in improving an economy and also suggested an application of economic ideas and paradigms to the upliftment of the society.
At the end there was a question answering session between the guest and the audience and the program came to an end by 11:30 AM.
Time: 3.30 PM
Resource Person: Dr.Sheetal Bharat, Assistant Professor, Dr.BR Ambedkar School of Economics, Bengaluru.
Classes Attended & Number of beneficiaries: External Participants: 189 Students Internal-150 Students
Topic: “Contributions of Nobel Prize Winners in Economics 2020 (Auction Theory)”.
The Department of Economics organized a guest lecture on the topic “Contributions of Nobel prize winners in Economics 2020 (Auction Theory)”, on 22nd October 2020. The Resource person was Dr. Sheetal Bharat.She talked about the contributions of Nobel Prize winners in Economics, Professor Paul R Milogram and Professor Robert B Wilson for their invention and improvements of auction theory with new auction formats.
She emphasized on an application of new auction theory in practical applications, which have been spread global and of global importance in case of the society.
At the end there was a question answering session between the guest and the audience and the program came to an end by 4:30 PM.
Title of the programme: Impact of Covid-19 on Indian Economy
Resource Person: Professor S. Madheswaran, Director, ISEC, Bengaluru
Number of beneficiaries: 485 delegates
Objective: To understand the impact of Covid-19 on Indian Economy
The Department of Economics organized a webinar on the topic “Impact of Covid-19 on Indian economy” on 13th May, 2020 at 11 am. The Resource person was Dr. S. Madheswaran, Director, Institute of Social and Economic Change, Bengaluru. The session started with the welcome speech by Dr. K. Vinodha Devi, Coordinator, Department of Economics. The resource person started the lecture by discussing the current economic status of Indian Economy. He states that the economic impact of coronavirus in India has been largely disruptive. It has created unprecedented shock to the Indian Economy. He suggested that the country needs to track its consumption pattern and employment status for policy intervention. He also discussed about the implication of covid 19 on migrant workers. The latter part of the session elaborated the policy measures of the government sector to tackle the problem. The session ended by answering the queries of participants. It was indeed an extremely valuable session which imparted lot of information about the current economic situation.
Guest Lecture on "Women in Labour Market"
Venue: Panel Room No:1, PG Block.
Resource Person: Dr.Channamma KambaraM
Classes Attended & Number of beneficiaries: Students of II and IV Semester MA Economics, 13.
Topic: “Women in Labour Market"
The Department of Economics organized a guest lecture on the topic “Women in Labour Market” on 26th February 2020. The Resource person was Dr. Channama Kambara, Assistant Professor, Institute of Social and Economic Change, Bengaluru.
Madam talked about the “Dwindling Female Labour –Force Participation in India: Challenges and prospects in India”. She emphasized that when women are educated and employed, their autonomy and decision making power widens in the society.
She discussed on the importance of educating and empowering women especially in rural areas in India and the need to change certain stereotypes, customs that restricts girls and women from actively involving in productive activities.
She has also talked on a great length about the FLFP (Female Labour Force Participation) Rate and how India fares when it comes to it. At the end there was an engaging and meaningful conversation between the guest and the audience and the program came to an end by 2:00 pm.
Guest Lecture on Application of Statistics in Corporate Decision Making
Venue: Mini Auditorium1, Main Block.
Resource Person: Mr.Rohit Punnoose.
Classes Attended & Number of beneficiaries: II and IV Semester MA Economics, 13. M.COM & M.Com FA (100)
Topic: “Application of Statistics in Corporate Decision Making"
The Department of Economics, Kristujayanti College, has organised a guest lecture on the topic “Application of Statistics in Corporate Decision Making" on 15th February 2020. The resource person was Mr.Rohit Punnoose, Director, Data Science and Analytics, from Target India Bengaluru.
He has delivered guest lecture on the importance of Data in corporate sector, how the corporates make decision with the data and they collect through the social media.
He discussed the important factors like storage, format, holdings and excess of stocks which determines making of a good business decision. He has also discussed about how corporates are able to figure out customers demand and their choices based on analysing data available on social media.
He also further focused on the practical application of analysing and interpreting data by using R software.
STUDENT LECTURE 2020-21
Venue: Main Block, Room No. 418
This session was based on an online survey done by the post graduate students on what the common people expected and what was the reality. The survey was done on the basis of 10 questions covering various sectors and expectations of the public and the survey was successful and got responds from more than 300 peoples covering all frameworks of peoples and the students also enjoyed the session.
Next session was all about positive aspects of the budget 2020-21 , mainly covered all the development agendas presented by the finance minister Mrs Nirmala Sitharaman and important areas where improvement is required like doubling the farmers income by 2022 and also improvement in infrastructure and providing jobs from public works were the keynote of the session.
Session 3 was all about the negative aspects of the budget 2020-21. The keynote criticism of the session was that it neglected the travel and tourism sector which was also one of the important sources of income for the government and this budget also neglected the present automobile crises which also affected many other industries.
Guest Lecture - Keynes work and his contemporary relevance
Venue: Panel Room, PG Block.
Resource Person: Mr.Alex. M. Thomas
Classes Attended & Number of beneficiaries: II and IV Semester MA Economics, 13.
Topic: Keynes work and his contemporary relevance
Department of Economics organized a Guest Lecture on 3rd February 2020, on the topic “Keynes and his Contemporary Relevance”. Mr. Alex M Thomas was invited from Azim Premji University, Bengaluru to deliver and discuss about John Maynard Keynes work and his contemporary relevance. The resource person covered the following areas during the session of discussion, J M Keynes as Individual, History of Keynes and his work. He also covered works of other Economists like Karl Max, Robinson. His lecture was centred in approaching the relationship of Interest rates with Savings, Income and Production. The lecture delivered was very educative and informative. Students of MA Economics had opportunity to discuss the current Indian Economy scenario with respect to J M Keynes work. The lecture was very interactive and informative.
TITLE: India’s Economic Growth and Environmental Sustainability
Date: October 10th, 2019
Classes Attended & Number of beneficiaries: 14 MA Students.
Name and details of the Resource Person: Dr. M. Balasubramanian, Assistant Professor, Centre for Ecological Economics and Natural Resources (CEENR),ISEC.
To know about the trade-off between economic growth and environmental sustainability.
To analyse the impact of new climate change in the economic growth of India.
Department of Economics organized a guest lecture on “India’s Economic Growth and Environmental Sustainability”. The resourse person was Dr. M. Balasubramanian, Assistant Professor, Centre for Ecological Economics and Natural Resources (CEENR), ISEC, Bengaluru. The program commenced with a welcome address by Mr. Vijay, Student, II MA Economics followed by a brief introduction of the resource person. Dr. M. Balasubramanian started the session with one of the key environmental issue, the loss of natural resources of India in the name of economic development. He presented the estimates of social and financial costs of environmental damage in the country. Followed by that he narrated how estimating environmental value losses will help in calculating Green GDP. He emphasised that deforestation or cutting down of forests; results in a major loss of resources like wood, paper etc. It also causes global warming and rise in pollution levels. He ended the lecture by stating that the growth cannot sustain with this environmental degradation. An interactive session was held for clarifying the doubts of the students.
TITLE: The Role Of Data Science In Economic Analysis
Date: September 11th, 2019
Classes Attended & Number of beneficiaries: 150 BA Students and 14 MA Students.
Name and details of the Resource Person:Mr. Shyam Krishnamurthy, Founder, Interview portal.
Objective: To know about the application of data science in economic analysis.
To analyse the growing importance of economics in different areas
Department of Economics organized a guest lecture on “THE ROLE OF DATA SCIENCE IN ECONOMIC ANALYSIS”. The resourse person was Mr. Shyam Krishnamurthy, Founder, Interview portal. The program commenced with a welcome address by Mr. James Johnson, Student, I MA Economics followed by a brief introduction of the resource person by Ms. Shalini, Student, and II MA Economics. Mr. Shyam Krishnamurthy started the session by providing a general overview of the usage of data science in economic analysis. Followed by that he explained how data science is used to analyze and forecast large data flows. The resource person also emphasized how the information available on the Internet helps to forecast statistics such as industrial growth, GDP, and unemployment rates, as well as factors that directly affect business, like property prices and future interest rate hikes etc. He also emphasized the scope of economics in non quantitative areas like environmental economics, behavioral economics, public policy and resource economics. The presentation ended with a question-answer session with the audience. The session came to an end with the vote of thanks delivered by Ms. Sheethal, Student, I MA Economics.
Guest Lecture - An Impact of New Monetary Policy on Banking Sector
Date: AUGUST 17th, 2019
Classes Attended & Number of beneficiaries: M.A Economics, 13
Name and details of the Resource Person: Mr. S. S RAMANI, Consultant, Institute of Manipal Academy
Objective: To critically analyze the new monetary policy and to understand its impact on Indian economy.
Department of Economics organized a guest lecture on “AN IMPACT OF NEW MONETARY POLICY ON BANKING SECTOR”. The program commenced with the welcome address by Mr. Vijay, Student, II MA Economics followed by a brief introduction of the resource persons. The resource person Mr. S.S. Ramani, Consultant, Institute of Manipal Academy started the session by providing a general overview of the monetary policy of India. Followed by that the resource person started to elaborate, how RBI tries to bring about flexibilities in operations which provide a considerable autonomy in the monetary issues. He also said that RBI encourages more competitive environment and diversification through new monetary policy. It maintains its control over financial system whenever and wherever necessary to maintain the discipline and prudence in operations of the financial system. He then focused his presentation on the recent monetary policy changes and expressed his views on how it will impact the corporate sector and the common man. He also said that a reduction in policy rates will come with a reduction in market yields. The presentation ended with a question-answer session with the audience. The audience put forth questions not only with regard to monetary policy but also from diverse topics like petrol price hike, inflation and unemployment. The session came to an end with the vote of thanks delivered by Ms. Tsusule Lohe, Student, I MA Economics.
Guest Lecture - Natural Resources Management in India
Economics Club organized a Guest Lecture on “Natural Resources Management in India”. Resource person Dr. R Manikandan (Assisstant Professor, Bharatiyar University) enhanced the knowledge of students regarding usage of natural resources management for the sustainable Development. He also suggested the collective effort should take by the student’s community to protect the Mother Nature and ways to grow the Economy.
Classes Attended & Number of beneficiaries: 7 students, M.A Economics.
Name and details of the Resource Person: Mr. Jacob Issac Kunnil, Senior Manager, Kothanur Branch, South Indian Bank.
Objective: To understand the new reforms in the banking sector and its impact on banks and the economy as a whole.
Guest Lecture - An Analysis of Impact of New Reforms on the Banking Sector
A Guest lecture on “An Analysis of the Impact of New Reforms on the Banking Sector” was organized on 16 July 2019 from 3 pm to 4 pm. The session started with the welcome address by Mr. Vijay, III Sem MA Economics followed by that Mr. Jacob Issac Kunnil, who is presently the Senior Manager, Kothanur Branch, South Indian Bank took over the session. In his lecture, Mr. Jacob spoke mainly about the non-performing assets (NPAs) and how it is weakening the banking system of India. He commented that NPAs are like a double-edged sword for a bank as on one hand the bank is not receiving back the lent out money and on the other it has to pay for these defaults from its own profit. He further spoke about the new policies and bodies that are put in place to solve the problem of NPAs. The Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI Act) and the role of Insolvency and Bankruptcy Code (IBC) were highlighted. An interactive session was held for clarifying the doubts of the students. The session came to an end with the vote of thanks and a memento was presented as a small token of appreciation to the valuable resource person.
Expert Lecture on “Budget 2019-20
Department of Economics organized an expert lecture on “Budget 2019-20” on 6th July, 2019. The resource persons for this lecture were Mr. Sudhakar G, Director, Taxation, Deloitte and Mr. Bharath HP, Partner, Tax and Regulatory, 4i Advisory Services.
The resource persons addressed the students of II year MA Economics, M.Com and M.Com (FA). Mr. Sudhakar started the session by providing a general overview of the budget allocations under different heads. He then focused his presentation on the direct and indirect taxes and expressed his views on how it will impact the corporate sector and also the common man. He mentioned that faceless assessment is one of the plus points of this budget. Also, Mr. Bharath elucidated the topic of Angel Tax and its impact on start-ups. Their presentation ended with a question-answer session with the audience. The audience put forth questions not only with regard to taxes but also from diverse topics like petrol price hike, affordable housing and unemployment.
Guest Lecture – “Sub structure in banking discipline”
Department of Economics organized a Guest Lecture on “Sub-structure of Banking Discipline” by expert resource persons Mr. Jose P Varghese, Joint General Manager, Regional Office, South Indian Bank, and Mrs. Shruti, Assistant Manager, South Indian Bank, Christ University Branch. Mr. Jose gave insight into risk-return tradeoff and Non-Performing Assets with their effects on banks. The role of Debt Recovery Tribunal and SARFAESI Act, 2002 was brought into picture with regard to recovering loans from defaulters. Further, Mr. Jose gave suggestions about future career and personality development. Mrs. Shruti presented a talk on the history and technological advancement in Banking. The session was quite interactive for students and faculty members.
"Conservation, Sustainability and Enhancing Natural Capital Valuation in Modern World"
Department of Economics organized a guest lecture on “Conservation, Sustainability and Enhancing Natural Capital Valuation in Modern World” on 13th December, 2018. The Resource person was DR. M. Balasubramanian, Assistant Professor, Centre for Ecological Economics and Natural Resources (CEENR), ISEC, Bangalore. Dr. M.Balasubramanian is one of eminent resource persons in India in the field of Environmental Economics specialized in Green Accounting, Natural Resource and Environmental Economics, Cimate Change, Solid Waste Management, Environmental Policy, Sustainable Development and Sustainability and Urban Ecology.
Dr.M.Balasubramanian addressed the students of I and II year MA Economics and explained the concept of Natural capital and its valuation in the modern world in very systematic and research oriented manner. He emphasized the importance of Ecosystem services and Natural capital. The session was highly useful for the student in terms of practical knowledge and to find research opportunities in the area of Environmental Economics.
Classical Economics - History, Theory & Policy
Classical economics, which dominated in the 18th and early 19th centuries, laid the foundation for much of modern economics. Key Classical economists include Adam Smith, author of -'The Wealth of Nations’, David Ricardo and John Stuart Mill. The objective of Lecture on Classical Economics brings out relevance in modern times. Department of Economics organized a Guest Lecture on "Classical Economics-History, Theory & Policy." for the students of MA economics by an expert resource person Dr. Alex M. Thomas, Assistant Professor, Azim Premji University. Dr. Alex demystified the classical economics. In session started with discussion on book of Thomas Piketty 'Capital' and followed by the discussion on the major ideas about Classical, Marginal, Keynesian, Marxian and Behavioral school with lucid examples. Lecture emphasized on the work of Sraffa and Kalecki. The session was quite interactive for students and faculties.
Stock trading can be financially rewarding if done in the right way. Investing in the stock market involves riding the various ups and downs of the market. Since the introduction of online trading, investing in the stock market has become simple and convenient. Due to growing need of understanding online trading, Department of Economics organized a guest lecture on ‘Online Trading’ on 20th February 2018 for the students of MA Economics. Teachers and students were guided by an expert resource person Mr.Sunil Nayak, Cluster Manager, Karvy Commodities Ltd. In the beginning of the session, the advantages of trading were highlighted with special emphasis on use of technology to make trading simple and convenient. With the help of examples, the resource person has explained the way to start online trading with the expert help and the areas where one has to be careful while trading. The session was quite interactive and students had get their doubts clarified related with the online trading.
Monetary Policy Dynamics in the Recent Economic Environment
Name and Details of the Resource Person: Dr. M Seenuvasan, Assistant Advisor, Department of Economics & Policy Research, RBI, Bengaluru.
Objective: To enhance the knowledge in terms of the Monetary Policy Dynamics and its impact on the Recent Economic Environment.
On 19th January, Department of Economics organized a Guest Lecture on “Monetary Policy Dynamics in the Recent Economic Environment”. The Resource person of the session was Dr. M Seenuvasan, Assistant Advisor, Department of Economics & Policy Research, RBI, Bengaluru. The session started with a welcoming address by Ms. Susanna Sajeev, student of I MA Economics and then the session was taken over by him, starting with the recent policy changes of RBI, the Resource person opined that the major focus of monetary policy at present is leveraging the economic growth with stability and less inflation. He discussed about the fall of GDP after demonetization and very soon the economy is going to recover from this downfall. The session was quite interactive and went through doubts on current Bank rate, Repo rate, tools to control inflation, recent economic crisis and answers were given with practical examples. The students of M.A Economics were highly exposed to the recent monetary changes and its impact on the current economic environment. As a token of gratitude from Department of Economics he was thanked by presenting a memento by Prof. Neeta Dwivedi. The vote of thanks was given by Mr. Fahad Hamsa student of II MA Economics.
Guest Lecture On “The Nuances of Banking”
‘A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain’- Robert Frost
On January 11 2018, Department of Economics organized a guest lecture on ‘The Nuances of Banking’ .Teachers and students were guided by an expertise resource person Mr.Renil Raj, Manager at Indian Overseas Bank, under presence of our Department Coordinator Mrs. Neeta Dwivedi. The session was started with welcoming address by Ms.Deepa Das, student of 1st MA Economics and the session was taken over by him, starting with the main functions of bank and various aspects of working of a bank.
He also had given a brief about public sector banks and government regulation acts on banking and gone through the working of Indian Overseas Bank as a public sector commercial bank. He covered different types of loan and its interest rates and also specified about priority sectors where they can get subsidies, mainly agriculture sector. Different sectors of industries and allied loans do have its own impact on growth of banks.
As economics students each were able to gain new information and techniques of banking and its wide opportunities, especially for students who are into economics will be at ease under the working conditions of banks. He concluded with the IBPS banking test which is a gateway for banking profession.
The session was quite interactive and went through doubts on NPAs, farmer’s security, collateral based loans, weavering of loans and answers were given with practical examples which were reasonable. As a token of gratitude from Department of Economics he was thanked by presenting a memento by Mrs.Neeta Dwivedi and vote of thanks was given by Mr.Sunon .G.Zhimo student of 1st MA Economics.
Enhancing our thoughts on banking concepts through different aspects we go on nurturing our knowledge, capturing new world of learning economics in different attitudes of life.