First Annual Economics Conference February 11, 2017
Sarla Anil Modi School of Economics organized its First Annual Economics Conference on 11th February, 2017. The theme of the conference was ‘Contemporary Issues in Economic Development with special focus on Emerging Economies’. The keynote address, Macroeconomic Vulnerability and Prospects for the Indian Economy, by Dr. Ravindra H. Dholakia. Prof, Economics and Public Systems, IIM Ahmedabad.
Seven papers were presented in two parallel pre-lunch technical sessions on International Trade and Finance and Development Economics. The papers dealt with wide ranging issues in like margins of trade, stock market integration, urbanization, state of construction workers and others. Ms. P.A.Lakshmi Prasanna, Senior Scientist with Indian Institute of Rice Research, Hyderabad was presented with the best paper awarded for her paper titled ‘Nexus between land inequity and stunting in children - insights from district level analysis for India’.
The first session was chaired by Dr. M.H. Suryanarayana, Professor, IGIDR and Dr. C. Veeramani, Assistant Professor, IGIDR
Post lunch seven papers were presented in two parallel technical session – Development Economics and Applied Economics - of the Research Colloquium. Ms. Tanima, a final year B.Sc. Economics student of Sarla Anil Modi School of Economics, NMIMS, Mumbai was awarded the best paper award her paper on ‘Effect of Ethnic Diversity on Economic Growth in India’.
The second session was chaired by Dr. Sarthak Gaurav, Assistant professor, IIT Bombay and Dr. Mona Bhalla, Associate Professor, ASMSOC, NMIMS.
International Visitor
| Date | Course | Topic | Guest |
| 14th February 2017 | Economic Governance and Policies | Seeing the Invisible Hand | Prof. Alex Tabarrok, Bartley J. Madden Chair in Economics George Mason University |
| 7th November | NA | Inclusive Growth: Inequality and the targets for policy reform | Prof. Sayantan Ghosal, Professor, University of Glasgow |
Guest Lectures by Experts
SAMSOE has pioneered a unique model of having 5% of the lectures of all core subjects conducted by industry experts in the subject. This year has begun with the following renowned professionals conducting lectures and giving students a chance to interact with them and see for themselves how the theory taught in class blends with the practical.
| Date | Course | Topic | Guest |
| 29th March 2017 | Applied Econometrics | Experimental Methods for Impact Evaluation | Mr. Sumit Patil, Res. Director Neerman |
| 27th March 2017 | Business Strategy | Business Strategy Formulated For The Start Up Company-The Hexis Consulting | Pooja Jadhav, Founder & Chief Trainer, The Hexis Consulting |
| 24th March 2017 | Public Finance & Policy | Political Economy and Public Policy | Pratyush Bhaskar, Business Journalist |
| 15th March 2017 | Economics of Geopolitics & International Relations | Geopolitics and International Relations - The changing global order. | R.N. Bhasker, Consulting Editor, Asia News |
| 4th March 2017 | Financial Economics | Impact of change in Fundamentals on Market Price | Mr. Nitesh Bhati, Assistant General Manager, SEBI |
| 1st February 2017 | Behavioral Economics | Experimental Economics | Dr. Shubhro Sarkar, Assistant Professor, IGIDR |
| 10th December 2016 | Creative Writing | Creative Writing | Rochelle D'silva, Poet |
| 5th November 2016 | Money, Banking & Financial Institutions | Investment Banking | Mr. Ramanuj Lal, Partner, Alternate Risk Premia Investments |
| 22nd October 2016 | Time Series Econometrics Indian Economy |
Functions of the RBI and use of Time series Econometrics in Monetary Policy | Pratik Mitra, Director Monetary Policy, RBI |
| 22nd October 2016 | Marketing Management | Digital Marketing | Dolly Jha, Executive Director, Nielsen |
| 21st October 2016 | Game Theory | Imperfect information games | Dr. Shubhro Sarkar - Assistant Professor, IGIDR |
| 21st October 2016 | Mathematical Economics & Statistics | Infinity | Dr. Shivangi Chandel, Lecturer Meghnad Desai Academy of Economics |
| 15th October 2016 | Effective Communication | How to make your own website | Mr. Rishi Gangoly, India's first website coach |
| 12th October 2016 | Economics of Environment & Sustainable Development | Vehicular & Industrial Pollution | Dr. Vinish Kathuria - Associate Professor, Shailesh J Mehta School of Management IIT, Bombay |
| 8th October 2016 | Primary Data and Conducting surveys for Research | Research Paper (M. Sc. Economics) | Gaurav Sarthak, Assistant Professor, Shailesh J. Mehta School of Management IITB |
| 3rd October 2016 | Pricing Methods industry application | Pricing & Resource Management | Mr. Satish Belani, Head, Data Scientist A.C. Nelsion |
| 27th September 2016 | Principles of Management | Socio Economic implications of BREXIT | Mr. M. P. Rege Retired commissioner Commodity Board. Executive Director of Different Co. |
| 26th September 2016 | Corporate Finance | Private Equity and LBO | Mr. Parth Gandhi M.D. Aion Capital |
| 19th September 2016 | Marketing Management | Modern Marketing Concepts in the Newspaper Industry | Ms Poojaa.V. Jadhav, Director & Chief Trainer, THE HEXIS CONSULTING |
| 9th September 2016 | Research Paper (M. Sc. Economics) | Use of Secondary Data for Research | Dr. Vinish Kathuria - Associate Professor, Shailesh J Mehta School of Management IIT, Bombay |
| 6th September 2016 | International Economics | China's slowdown & its impact on the Indian Economy | Mr. R.N.Bhaskar- Consulting Editor, DNA |
| 1st September 2016 | Research Paper (M. Sc. Economics) | Introduction to Research Methods | Prof. R. Nagraj, Professor, IGIDR |
Pedagogy
Movies / Documentaries
We at SAMSOE, believe that simply studying from textbooks is not enough. Today, it is important to acquire skills that would enable individuals to apply their classroom training to a rapidly changing world. Towards this end, we incorporate various modern techniques to engage out students and instil in them the spirit of inquiry.
Case studies and real world examples are integral part of the curriculum at SAMSOE. That apart, students are shown movies and documentaries to help them associate textbook knowledge to real world scenarios. In some course students are engaged with the subject matter through games and other class activities.
| Date | Movie | Course |
| March 2017 | Brazil’s Bolsa Familia 1991 Balance Payment Crisis Piper How exchange rate works Raghuram Rajan on Monetary Policy How Accounts were Fudged at Satyam. Satyam Computers Scam |
Indian Economy Creative Writing Indian Economy Business Strategy |
| February 2017 | "GURU”-Life story of Shri Dhirubhai Ambani. Business Strategy Wall Street Financial Economics< The Budget Verdict 2017 Public Finance and Public Policy Monetary Policy and Budget 2017 Intermediate Macroeconomics India- by BBC Political Science Origin of Indian Constitution by SC Judge Justice Rohinton Nariman Brexit Explained Economics of Geopolitics & International Relations China Vs USA- Empires at War Joseph Nye- Soft Power China Vs India- BBC Documentary |
Business Strategy Financial Economics Public Finance and Public Policy Intermediate Macroeconomics Political Science Economics of Geopolitics & International Relations |
| January 2017 | Even the Rains (2010) The Imitation game (2014) Margin Call The Corporation What is Liberalism What is Socialism What is Marxism - Followed by a discussion Brief History of Cold War 1945-1991 USA Vs. USSR- Power Distribution in the World Politics |
Economic Governance and Policies Intermediate Microeconomics Financial Economics Public Finance and Public Policy Political Science Economics Geopolitics & International Relations |
| December 2016 | Promised Land (2012) Syriana Inequality for All (2013) Mind over money Geopolitical Prognosis Part I Geopolitical Prognosis Part II The Day India Partitioned BBC Part I The Day India Partitioned BBC Part II |
Ecode – II Economics of Geopolitics and International Relations Economic Governance and Policies Behavioral Economics Economics of Geopolitics & International Relations Political Science |
| October 2016 | Nil Battey Sannata (2016) Stanford Prison Experiment Myth of Overpopulation by Hans Rosling |
Development Economics Research Methods Theories of Growth and Development |
| September 2016 | Lehman Brothers Bankrupt Life and Debt The Day After Tomorrow The Big Short Promised Land Pink |
Capital Markets International Economics Economics of Environment and Sustainable Development Money Banking and Financial Market Economics of Environment and Sustainable Development Introductory Sociology |
| August 2016 | Too Big to Fail 42 |
Macroeconomic Theory International Economics |
Films
Video Clips
Video Clips screened for M. Sc.
| Date | Movie | Course |
| July 2016 | 42 | Ecode – I |
| Date | Name of the video clip | Course |
| August 2016 | Monetary Policy Press Meet | Macroeconomic Theory I |
Video Clips screened for T.Y.B. Sc.
| Date | Name of the video clip | Course |
| March 2017 | 3ie Video on Impact Evaluation Blue Ocean Strategy Corporate Governance Failure in Enron-Whistle Blower-Ms Sharron Watkins |
Applied Econometrics Business Strategy |
| February 2017 | Dan Ariely, Richard Thaler video clips | Behavioural Economics |
| January 2017 | Dan Ariely-Ted talks Prospect Theory Visitation of Independence Axiom Browsor Wars |
Behavioural Economics |
| December 2016 | Justice by Michael Sandel Fifth bi-monthly monetary policy press conference You need Strategy for your Organization-By Prof: Michael Porter of Harvard University. Leader Talk-In Conversation with N.R.Narayana Murthy & Prakash Padukone by Rajdeep Sardesai-CNN/IBN. |
Economic Governance and Policies Advanced Macroeconomics Business Strategy |
| September 2016 | Porsphe Take Over A 1978 interview of Indira Gandhi referring to her economic policies and the fallout of Emergency rule |
Capital Markets Indian Economy - I |
| August 2016 | Video on Consumer Behaviour by Coca-Cola Sterilizing India |
Marketing Management Indian Economy - I |
| July 2016 | Video Lecture by Dr. Philip Kotler on Marketing Mantra. Video Lecture by Mr. Steve Jobs, Late CEO of Apple-Best Marketing Strategy. The Public Goods Game |
Marketing Management |
Video Clips screened for S.Y.B. Sc.
Video Clips screened for F.Y.B. Sc.
| Date | Name of the video clip | Course |
| February 2017 | Wall Street Warrior- Season 1 | Financial Economics |
| September 2016 | Short video on international income inequality | Theories of Growth and Development |
| August 2016 | Monetary Policy Press Meet Video on Decision Making Process-How Consumers make Buying Decisions The Big Fight- Do high marks ensure success in life- A Focus Group Discussion |
Money Banking and Financial Institutions Research Methods |
| Date | Name of the video clip | Course |
| March 2017 | How the stock market works | Intermediate Microeconomics |
| February 2017 | Video shown in class- Talk Show by John Oliver titled "Fashion" discussing the international supply chain in the textile industry Major trends of 2017 The Economic survey: Parliament presentation by Arvind Subramanian |
International Economics I Ecode – II |
| December 2016 | Third Bi-monthly Monetary Policy Fifth Bi-monthly Monetary Policy |
Intermediate Macroeconomics |
| October 2016 | Ted talks- Brain Magic | Effective Communication |
| September 2016 | Office Farming in Japan The Barbie doll & Apple iPhone Double Irish Dutch sandwich tax strategy German Mittelstand Inside Job |
Development Experience of Major Economies of the World Principles of Macroeconomics |
| August 2016 | Going inside Brazil’s favelas They don’t really care about us – Michael Jackson Hague ruling on the South China sea The Tiananmen square massacre Unique ways to deal with China’s pollution The Manhattan Project Charlie Chaplin’s satires of WWII & the Industrial Revolution Henry Ford’s Assembly line turns 100 Obamacare Shashi Tharoor – Britain owes reparations London 2012 Olympic opening ceremony – The Industrial revolution |
Development Experience of Major Economies of the World |
| July 2016 | Guns, Germs & Steel The Best Stats You've Ever Seen - Hans Rosling - TED Talks Fears of Boom and Bust: Hayek vs. Keynes Into the Graveyard |
Development Experience of Major Economies of the World Principles of Macroeconomics FY A&B Economics of Environment and Sustainable Development |
Case Studies are used extensively as part of the curriculum at SAMSOE. Some of the case studies used are listed below.
Case used for M.Sc. Economics
| Date | Topic | Course |
| July 2016 | Equity of the sexes | Statistics and Econometrics I |
Case used for T.Y.B. Sc. Economics
| Date | Case Study used | Course |
| March 2017 | Making stick Stick: The Business of Behavioral Economics | Behavioral Economics |
| February 2017 | Survival Stakes The Case of Hysterical IT Company The Case of Successful SBUs The Case of Strategic Acquisition |
Business Strategy |
| January 2017 | Progressa Case Study (Cornell University) The Case of Counter Strategy Turn Around Trauma |
Applied Econometrics Business Strategy |
| December 2016 | Case of Tata Consultancy Services and Apple Case of Kyoto Protocol Case of PAT Scheme in India |
Behavioral Economics Business Strategy |
| November 2016 | XYLYS: Exploring Consumer Perception about Premium Watches in the Indian Context Note on Behavioral Economics The Case of the Niche Bike- The of Strategy Planning |
Economics of Environment and Sustainable Development |
| October 2016 | Case of oil prices Case of Kuznets Curve in Developing Countries Case of EU Emission Trading System in India Case of South African Carbon Trading System Case Study: Product Management in Maruti Udyog Case Study: ARC Pharmaceutical Company Case Study: Hewlett-Packard: A Channel Strategy Dilemma- Case Study: Dell Computer |
Economics of Environment and Sustainable Development Marketing Management. |
| September 2016 | Lehman Brothers Friendly Cards Nike Valuation of Haze Management and Prevention in China Modal Shift Study in Klang Valley, Malaysia Solid Waste Management Service within the Sekondi – Takoradi Metropolis in the Western Region of Ghana Travel Cost Approach for Valuing Recreation Benefits of Fthiotida Coastal Zone Frooti’s Innovative Campaign Coca-Cola |
Capital Markets Corporate Finance Economics of Environment and Sustainable Development Marketing Management. |
| August 2016 | Case study on executive selection criteria Case study on Change Mgt & TQM Risk minimization by diversification. Story of Samsung Portfolio Weights, Shorting and Porsche takeover by Volkswagen Case study of Mundu Tribe in India Case study of Forest Rights Act in India Case study of Zambia Coastal Floodplains Case study of Sundarbans Wetland Case Study of Alaska Trust Fund Case Study of Pacific Island Nauru Case Study of New Methodology to estimate National Income Case Study: Super Asia Pipes presented by Groups 3&4 on 01-08-2016. Case Study: Marketing of Milk-Amul -presented by Groups 1& 2 on 08-08-16 Case Study: Burnol-presented by Groups 3 & 4 on 10-08-16. Case Study: Buying Behavior of Women & Men-had open discussion in the class on 17-08-16. Case Study: Fair & Lovely-Creating Demand-presented by Groups 1 & 2 on 31-08-2016. Case Study: Haldiram’s getting the Four "P”s Right-presented by Group No.3 on 31-08-16 |
Principles of Management Capital Markets Economics of Environment and Sustainable Development Marketing Management |
| July 2016 | Equity of the sexes Inclusion of disabled child in general high school education- An ethnographic analysis Metzler’s Paradox |
Mathematical Economics and Statistics –II Research Methods International Economics |
Case used for F.Y.B Sc. Economics
Case used for S.Y.B. Sc.
| Date | Case Study used | Course |
| March 2017 | Case of Exchange Regime and Capital Mobility in China and Cuba | Intermediate Macroeconomics |
| Date | Case Study used | Course |
| March 2017 | Case of Exchange Regime and Capital Mobility in China and Cuba Case study on Role of BRICS in Greece and Cyprus Case study of Political Implications of RCEP Case of OBOR and AIIB Case of CPEC Case study of Political Implications of India-ASEAN FTA Case of Fourteenth Finance Commission Case of Fiscal Responsibility Legislation Accounting of tangible and intangible asset |
Economics of Geopolitics and International Relations Public Finance and Public Policy Analysis of Financial Statement |
| February 2017 | Consolidation of accounts Cash flow Borrowing cost |
Analysis of Financial Statements |
| January 2017 | Farm Policy in United States Case of Bandra Worli Sea Link Case Study of US Tax Reforms Case Study of Iran US Nuclear Deal Case Study of Brazil Price Method Case Study of Syrian Conflict String of Pearls (a kind of case study or Reference) Case study on IFRS on segmental reporting, Events occurring after the balance sheet date, Revenue recognition and Inventory valuation |
Public Finance & Policy Economics of Geopolitics and International Relations Analysis of Financial Statement |
| December 2016 | Case of Automated Teller Machines Case of Lavasa Hill Station Price War and OPEC Israel-Palestine Conflict Decision making (ICAI journal) |
Public Finance and Public Policy Economics of Geopolitics and International Relations Analysis of Financial Statements |
| September 2016 | Working Capital and Cost Sheet | Managerial Accounts |
| August 2016 | Why India Votes – An Ethnographic case study by Mukulika Banerjee (LSE) | Research Methods |
Case used for F.Y.B. Sc.
| Date | Case Study used | Course |
| December 2016 | Case Study on Capitalisation of Banks Case Study of Demonetisation |
Intermediate Macroeconomics |
| October 2016 | Case study on Phillips Curve | Principles of Macroeconomics |
| September 2016 | Students Performance- Feedback Case of Inflation in India |
Effective Communication Principles of Macroeconomics |
| August 2016 | Case study of Zambia Coastal Floodplains | Principles of Macroeconomics |
Games & Experiments
Software Training
Class Activities
Convocation - 2016
The Convocation ceremony for Sarla Anil Modi School of Economics, Sunandan Divatia School of Science and Anil Surendra Modi School of Commerce was held at Bhaidas Hall on 2 August 2016 at 10.30 am. The Chief Guest for the Convocation was Mr. Noshin Kagalwalla, Managing Director, SAS Institute (India) Pvt. Ltd.
The following students were in the Dean's List:
The following were the awards given to the graduating students of The Sarla Anil Modi School of Economics.
Students Award
Special prize for organizing
Best Staff award
Ms. Vishakha Sawant
