Spending time in teaching and researching economics, one discerns patterns familiar and unfamiliar across board. We always tend to observe interesting things that evoke a mystery, a curiosity in us. Yet, as we observe or experience the patterns while we go about our lives consciously or subconsciously, there might be an economics underplay beneath it. It would be obviously interesting to think how many actually seek plausible explanations for the mysteries, paradoxes, puzzles, teasers among others in theories and principles of economics. Exploring into the same might make teaching and learning economics more fun. Thus, enticing to call these instances economics encounters.
Researching economic encounters is exciting and illuminating. Hence, this is an endeavour to bring together the explanations on these seductive economics encounters onto a stage. The platform must provide a grip for a fun based approach, something alluring to the laymen, the non-specialists. At the end of the day, the audience must take the learnings onto their dinner table diffusing the beauty of economics. To a layman, a non-specialist, economics often presents a picture of terror, a phobia. In contrast, economics is not arcane, but orbits around plenty of common sense. Therefore, if conventional myths about economics have to be dispelled, a message needs to be delivered on how studying and researching economics is not just common sense but entertaining too. Therefore, Indus Business Academy (IBA) deems it to be a privilege to host Ecofluence-the research festival, for economics buffs, an event with a difference.
It's not only about presenting the plausible economics explanation of an action or a reaction but in a manner that is easily understood by the laymen. Therefore, as you seek to present think how best you can demystify your presentations to an audience that might not understand economics jargons!
In our daily lives, we encounter interesting things where actions and outcomes pique our curiosity. As we wonder the underlying phenomenon, a plausible explanation anchored in economics might be lurking around us. Therefore, using the principles or concepts or models in Economics, delve into an intriguing question that has arisen from observing patterns of events, actions, behaviours and outcomes. Provide an answer with the apt application of economics. Note: There is cause and effect. Probe the economic cause of the action or the outcome under investigation and NOT the economic effect of those actions and outcomes.
Select entries will be compiled and published in a book. The selected entries will be communicated at the time of the event.
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