The Fourth Annual Economics Conference organized by Sarla Anil Modi School of Economics (SAMSOE), NMIMS, Mumbai in collaboration with The Indian Econometric Society (TIES) was held on 7th March, 2020. The theme for this year was ‘Sustainability, Equity and Development.’ Dr. Leandro M De Magalhaes, Lecturer, University of Bristol, U.K. delivered the Keynote address on "Inequality, Progressivity, and Growth” followed by Dr. R. Ramakumar, NABARD Chair Professor, TISS, Mumbai delivering the Chairperson’s address on "Rural and Agricultural Economics: Heterodox Perspectives”. Dr. Bipin K. Deokar, Sr. Deputy Director, EPWRF was the invited guest who chaired the technical sessions and adjudicated the paper presenters.
A total of 40 papers were received and 13 selected papers were presented during the conference (9) and research colloquium (4). Ms. Anu Abraham, Assistant Professor, SAMSOE, NMIMS, Mumbai won the Best Paper Award and a cash prize of Rs. 7000 for the conference presentation. The paper authored by Ms. Vaishnavi Kanukurti, Christ University, Bengaluru was adjudged as the best paper of the research colloquium which carried a certificate and cash prize of Rs. 5000.
Consultancy Service at Centre for Monitoring, Evaluation and Impact Assessment (CMEIA) Rajiv Gandhi National Institute of Youth Development (RGNIYD). Dr. Mohd. Imran Khan has been engaged as Data Analyst to generate data pertaining to adolescents in the state of Tamil Nadu from December 2019 to January 2020
Talk on Research Paper for F.Y.M. Sc.
Ms. Rajani Sinha,Senior Economist and Vice President at Aditya Birla gave a talk on Economic Research for non-academic purposes to F.Y. M. Sc. students as a part of their Research Paper on 17th August 2019.
Research Study on issues of social relevance
A Research study was undertaken as part of the ‘Research Methods’ and ‘Research Writing’ courses for S.Y. B. Sc. Economics students in Collaboration with the NGO PRAJA.
The topic was ‘Electoral behaviour among youth’.The students will prepare a questionnaire and undertake data collection on the topic. The final report will be submitted to PRAJA.
International Visitors
|
Date |
Course |
Topic |
Guest |
|
06-03-2020 |
Public Finance and Policy |
"Separation of powers and the tax level” |
Prof. Pankaj Jain, Dr. Leandro M De Magalhaes Lecturer, University of Bristol, U.K. |
|
18-12-2019 |
Financial Economics |
"Stock market regulations" |
Prof. Pankaj Jain, George Johnson Professor and Chairman of the Department of Finance, Insurance, and Real Estate (FIR) in the Fogelman College of Business at the University of Memphis, USA |
|
14-12-2019 |
Economics of Geopolitics and International Relations |
"Brexit and its impact on Indian Economy" |
Prof. Atul Mishra, Plymouth Business School (University of Plymouth UK) |
|
29-08-2019 |
Behavioral Economics |
"Rational Fools? A brief introduction to Behavioural Economics" |
Prof. Ananish Chaudhuri, Professor of Experimental Economics and the Head of the Department of Economics, University of Auckland Business School |
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, aspects of the subject.
|
Date |
Course |
Topic |
Guest |
|
06-03-2020 |
Advanced Econometrics |
Spatial Econometrics |
Arfat Ahmad Sofi Assistant Professor, BITS Pilani, |
|
06-03-2020 |
Public Finance and Policy |
"Separation of powers and the tax level” |
Dr. Leandro M De Magalhaes Lecturer, University of Bristol, U.K. |
|
25-02-2020 |
Indian Economy |
"Understanding India's Economic Slowdown" |
Dr. R. Nagaraj Indira Gandhi Institute of Development Research |
|
11-02-2020 |
Creative Writing |
"Short Story Writing" |
Ms. Melanie Nazareth Lecturer |
|
10-02-2020 |
Behavioral Economics |
How to evaluate Public Policy? |
Dr. Shagata Mukherjee Associate Professor Meghnad Desai Academy of Economics |
|
04-02-2020 |
International Business |
"Key factors for Wealth Building” |
Mr. Bhavin Shah Director, Latin Manharlal |
|
18-12-2019 |
Financial Economics |
"Stock market regulations" |
Prof. Pankaj Jain, George Johnson Professor and Chairman of the Department of Finance, Insurance, and Real Estate (FIR) in the Fogelman College of Business at the University of Memphis, USA |
|
14-12-2019 |
Economics of Geopolitics and International Relations |
"Brexit and its impact on Indian Economy" |
Prof. Atul Mishra, Plymouth Business School ( University of Plymouth UK ) |
|
19-10-2019 |
Money, Banking and Financial Institution |
"Analyzing bank’s balance sheets and studying the financial system” |
Mr. S. Narayanan, Consulting Editor - Special Projects, The Free Press Journal |
|
18-10-2019 |
Financial Economics |
"Opportunities in Capital Market Using Live Market Data” |
Mr. Arindam Saha , Jt. CEO of Tickerplant Limited |
|
18-10-2019 |
Development Economics |
"Interstate Migration in India: Integration and Policies” |
Mr. Varun Aggarwal, Founder and Lead at INDIA MIGRATION NOW |
|
09-10-2019 |
Development Economics |
"Urbanization and rural-urban migration: Theory and policy with a focus on developing countries” |
Dr. Ram B. Bhagat, Professor and Head Department of Migration & Urban Studies, IIPS |
|
09-10-2019 |
International Economics |
"Money, interest rates and foreign exchange market” |
Mr. Vivek Kaul, Writer, Daily News and Analysis (DNA) and The Economic Times |
|
07-10-2019 |
Research Methods |
"Introduction to secondary databases of Indian Economy” |
Ms. Sanchita Mukherjee, Senior Project Officer in the study on Global Youth Tobacco Survey IV, India undertaken by the WHO in collaboration with the Ministry of FHW and the International Institute for Population Sciences |
|
Research Writing |
|||
|
03-10-2019 |
Public Policy |
"The Road map to India’s 5 Trillion Dollar Dream” |
Mr. Bipin Deokar, Senior Deputy Director (EPWRF) |
|
Macroeconomic Theory – I |
|||
| 30-09-2019 | Marketing Management | "India’s Opportunity in Global Management” | Mr. R. Gopalakrishnan, Executive director of Tata Sons Ltd. |
|
29-09-2019 |
Behavioral Psychology |
"Human Development” |
Ms. Pratishtha Trivedi Mirza, RCI licensed Clinical Psychologist, |
|
23-09-2019 |
Theories of Growth and Development |
"Education: What works and what doesn’t”. An evaluation of education programmes and policies in India as well as its measurement in the Human Development Index |
Mr. Aditya Jahagirdar, Analyst , The Health Practice division of Villgro Foundation, a social enterprise incubator ,Chennai. |
|
21-09-2019 |
Principles of Management |
" An Analysis of Indian Insurance Sector " |
Mr. Yashesh Sampat, Head- Affinity & Association, Associate Director, Chartered Insurance Broker (CII, London), FIII at Edelweiss Insurance Brokers Ltd. |
|
18-09-2019 |
Indian Economy |
"Topic- Concerns on India's economic slowdown" |
Ms. Rajani Sinha, Senior Economist and Vice President at Aditya Birla group |
|
14-09-2019 |
Effective Communication |
"Education projects in India" |
Ms. Ashlesha R Dsouza, CELTA certified trainer with British Council India |
|
09-09-2019 |
Economics of Environment and Sustainable Development |
"Ground Water” |
Mr. Dhawal Joshi , Advanced Centre for Water Resources and Management (ACWADAM) |
|
29-08-2019 |
Behavioral Economics |
"Rational Fools? A brief introduction to Behavioural Economics" |
Prof. Ananish Chaudhuri, Professor of Experimental Economics and the Head of the Department of Economics, University of Auckland Business School |
| Date | Movies/ Documentaries | Course |
|
March 2020 |
GURU |
Business Strategy |
|
January 2020 |
1. King’s Speech 2. Remember the Titans |
Motivational Training & Leadership Training |
|
January 2020 |
Why Democratic Socialism Is Gaining Popularity in the United States |
Political Science |
| November 2019 | Hindi Movie "Rocket Singh-Salesman of the year” | Marketing Management |
| October 2019 | Stanford Prison Experiment | Behavioral Psychology |
| September 2019 | Too Big To Fail | Macroeconomics Theory – I |
| September 2019 | Big Short | Money, Banking and Financial Institution |
| August 2019 | 12 Angry Men | Behavioral Psychology |
| July 2019 | Guns, Germs and Steel – Part 2 | Development experience of major economies of the world |
| July 2019 | Into the Graveyard | Economics of Environment and Sustainable Development |
| July 2019 | The Crash of 1929 & The Great Depression | Financial Economics |
| Date | Video | Course |
|
March 2020 |
Youtube: Transfer Pricing |
International Economics |
|
March 2020 |
1. Sedition Laws: Essential or Archaic? 2. Sedition Law: How can it affect you? |
Political Science |
|
February 2020 |
1. Karl Marx: Political Theory https://www.youtube.com/watch?v=fSQgCy_iIcc 2. The March of History: Mises vs. Marx - The Definitive Capitalism vs. Socialism Rap Battle https://www.youtube.com/watch?v=QwqnRYPcrl0 |
Political Science |
|
January 2020 |
1. The Enlightenment 2. The French Revolution 3. Why Democratic Socialism Is Gaining Popularity in the United States 4. A brief history of socialism |
Political Science |
|
January 2020 |
Shel Silverstein |
Creative Writing |
|
December 2019 |
On Contractarianism |
Political Science |
| December 2019 | Dead Poets Society- Speech On Passion | Effective Communication |
| September 2019 | Skills for the 21st Century- | Effective Communication |
| July 2019 | Fears of Boom and Bust: Hayek vs. Keynes | Principles of Macroeconomics |
| July 2019 | Fight of the Century | Principles of Macroeconomics |
| July 2019 | Clips from Marginal Revolution University on Geography and development | Development experience of major economies of the world |
Video Clips screened for S.Y.B. Sc.
| Date | Video | Course |
|
March 2020 |
1. Subprime crisis 2. Vijay Malaya (Rich to Rages |
Analysis of Financial Statement |
| August 2019 | 1. Clips on Social Learning & Insight Learning 2. Ted Talk ‘How To Make Stress Your Friend’ |
Behavioral Psychology |
| July 2019 | Perception | Behavioral Psychology |
| July 2019 | Clips from Marginal Revolution University on economic growth | Theories of Growth and Development |
Video Clips screened for T.Y.B. Sc.
| Date | Video | Course |
|
February 2020 |
Leader Talk-Rajdeep Sardesai in conversation with N.R.Narayana Murthy and Prakash Padukone. |
Business Strategy |
|
January 2020 |
TED talks by Dan Ariely Richard Thaler in conversation with Hal Varian, at Google on the topic Misbehaving: The Making of Behavioral Economics |
Behavioral Economics |
| December 2019 | 1. Mahindra & Mahindra-Business Enterprise-Growth Story. 2. Business Leader of the Year-Mr. Anand Mahindra. 3. You Need Strategy for your Organization by Prof Michael Porter. |
Business Strategy |
| July 2019 | Video Lecture by Dr. Philip Kotler on Mantra of Marketing and Marketing Strategy. | Marketing Management |
| July 2019 | Video Lecture by Steve Jobs of Apple on Best Marketing Strategy-Think Different. | Marketing Management |
Class Activities / Games & Experiments (Other Pedagogy)
| Date | Course | Pedagogical tools | Year |
|
April 2020 |
Intermediate Macroeconomics |
Monetary Policy discussion |
F.Y. B. Sc. |
|
April 2020 |
Creative writing |
Digital Technology Expression of creativity through writing |
F.Y. B. Sc. |
|
January 2020 |
Political Science |
Trolley problem (Thought experiment for showcasing two schools of moral reasoning) |
F.Y. B. Sc. |
|
January 2020 |
Creative Writing |
Creative writing from a series of words Writing on favourite topics Industrial/ entrepreneurial personalities |
F.Y. B. Sc. |
| December 2019 | Effective Communication | Game to teach foreign words Grammar –Pronouns and Usage | F.Y. B. Sc. |
| December 2019 | Law | Chart Method | F.Y. B. Sc. |
| November 2019 | Effective Communication | Scripts/Mino Movies/ Role plays/PPTs/ music-vocal and instrmntl | F.Y. B. Sc. |
|
September 2019 |
Effective Communication |
1. Speech Presentation 2. Mapping 3. Exchange of learning |
F.Y. B. Sc. |
|
September 2019 |
Principles of Microeconomics |
Game to explain the law of variable proportion |
F.Y. B. Sc. |
|
September 2019 |
Principles of Macroeconomics |
1. Inflation 2. Uncertainty Experiment |
F.Y. B. Sc. |
| August 2019 | Economics of Environment and Sustainable Development | ‘Game of Open Access Good Experiment | T.Y. B. Sc. |
| August 2019 | Behavioral Psychology | Personality Assessment | S.Y. B. Sc. |
| July 2019 | Behavioral Psychology | Quiz to understand facial expressions | S.Y. B. Sc. |
| July 2019 | Financial Economics | 1. Excel Application 2. Research Paper Review |
S.Y. M.Sc. |
| July 2019 | Game Theory | Research Paper Review | T.Y. B. Sc. |
Case Studies
Case Studies are used extensively as part of the curriculum at SAMSOE. Some of the case studies used are listed below.
Cases used for F.Y.B. Sc. Economics
| Date | Case study used | Name of the Course |
|
April 2020 |
1. Counter Cyclical Behaviour of Real Wages in US 2. International Pattern of Aggregate Supply Curves 3. Sacrifice Ratio in US |
Intermediate Macroeconomics |
|
March 2020 |
1. Monetary Policy in India 2. Case of German External Problems 3. Case of Policy Mix: Financial Recession |
Intermediate Macroeconomics |
|
February 2020 |
1. Financial Crisis of 2007-08 2. Case of US Economy: Keynesian Framework 3. Case of Liquidity Trap: Japanese Economy 4. Discussion of coordination between select India’s Budget Proposals and Bi-monthly Monetary Policy 5. Inside Job
|
Intermediate Macroeconomics |
|
February 2020 |
Venezuela: 21st century Socialism |
Political Science |
|
January 2020 |
1. Case of Supply-side Economics: Tax cuts in the US 2. Case of Budget Surplus and Full Employment 3. Case of Fiscal Policy Multiplier in India |
Intermediate Macroeconomics |
|
December 2019 |
1. Case of Reagonomics in US |
Intermediate Macroeconomics |
|
December 2019 |
Lalman Shukla vs. Gauri Dutt , Harvey vs. Facie |
Law |
|
October 2019 |
1. Case Study on Precautionary Saving in Japan 2. Case of Stagflation in United States 3. Case Study on Inflation and Dutch Disease in Venezuela 4. Case study on Hyper-Inflation in Zimbabwe 5. Case of Making of Smart Cities in India (Allahabad) 6. Case of Swachch Bharat Mission (India) 7. Case of Demographic Dividend in India (NSSO Data) 8. Case of Petro and Crypto currency |
Principles of Macroeconomics
|
|
September 2019 |
Caselet on Elasticity |
Principles of Microeconomics |
| August 2019 | 1. Case Study of New Methodology to estimate National Income 2. Case study of Automated Teller Machines: Post Demonetization in India 3. Case Study of Divergence in CPI and WPI 4. Case of Housing Price Index in India 5. Case of Consumer Price Index of Services in India |
Principles of Macroeconomics |
| July 2019 | 1. Case study of US: Great Depression 2. Case study of Market Stabilization Scheme (Demonetisation) 3. Dust Bowl and Hoover's Administration |
Principles of Macroeconomics |
Cases used for S.Y.B. Sc. Economics
| Date | Case study used | Name of the Course |
|
March 2020 |
ILFS Case study |
Analysis of Financial Statement |
| December 2019 | 1. Inventory valuation 2. Events occurring after the reporting period 3. Operating Segment 4. Provision, Liabilities and contingent liability |
Analysis of Financial Statement |
| November 2019 | 1. Basel III: An Evaluation of New Banking Regulations 2. The Return of the Loan: Commercial Mortgage Investing after the 2008 Financial Crisis |
Money Banking and Financial Institutions |
|
September 2019 |
1. Satyam accounting fraud, Sahara fraud 2. Working Capital, Cost sheet |
Managerial Accounts |
| August 2019 | 1. The case of Little Hans and the case of Anna O | Behavioral Psychology |
| July 2019 | Clinical Case Studies to Understand Schools of Psychology | Behavioral Psychology |
| July 2019 | Research Ethics | Research Methods |
| July 2019 | Stock market fraud – Harshad Mehta and Ketan Parekh | Managerial Accounts |
Cases used for T.Y.B. Sc. Economics
| Date | Case study used | Name of the Course |
|
March 2020 |
1. The Case of Marketing Leadership 2. The Case of Financial Portal 3. Leadership Lacunae 4. Free Sampling Strategy- 5. Corporate Governance Failure at Enron 6. Anatomy of Security Scam 1992 |
Business Strategy |
|
February 2020 |
1. Case Study: The Case of Successful SBUs-Presented by Group-1 2. Case Study: The Case of Strategic Acquisition-Presented by Group-2 3. Case Study: The Case of Vision Formulation-Presented by Group-3 4. Case Study: The Case of Hysterical IT Company-Presented by Group-4.
|
Business Strategy |
|
December 2019 |
1. Case Study: Strategic Moves by the Mahindra Group-Presented by Groups 1 & 2 on 18-12-2019. 2. Case Study: Managing Hindustan Unilever Strategically-Presented by Groups 3 & 4 on 18-12-2019. |
Business Strategy |
|
October 2019 |
1. Case study on REC in India 2. Case of Solar Panels in India 3. Case of South African Carbon Trading Scheme 4. Case of EU ETS |
Economics of Environment and Sustainable Development |
|
October 2019 |
1. Investment Analysis and Lockheed Tri Star (HBS Case) 2. Butler Lumber Company (HBS Case) |
Corporate Finance |
|
September 2019 |
1. Haldiram’s Getting the Four P’s Right 2. Project Shakti 3. Britannia Industries Ltd 4. Maruti Suzuki- 5. Supriya International 6. AJAX Ltd- 7. Star Engineering Co.Ltd 8. BPL Colour Television |
Marketing Management |
|
September 2019 |
1. Case Study of Alaska Trust Fund 2. Case Study of Pacific Island Nauru 3. Case of Property Prices in Mumbai City 4. Case of Mode of Transport in Malaysia 5. Case study of Forest Rights Act 6. Case of Sixth Pay Commission in India 7. Case study of Asian Financial Crisis |
Economics of Environment and Sustainable Development |
| August 2019 | 1. Nike Inc: Cost of capital 2. Butler Lumber Company (HBS Case) 3. Phuket Beach Hotel |
Corporate Finance |
| August 2019 | 1. Case Study of Ganga Action Plan 2. Case Study of Solid Waste Management in Eldoret Municipality 3. Case Study of Klang Valley 4. Case Study of Demand for Air Quality in Boston, USA 5. Case Study of Keoladeo National Park: Valuing Tourism |
Economics of Environment and Sustainable Development |
| July 2019 | 1. Eastern Bank 2. Super Asia Pipes Private Ltd. |
Marketing Management |
| July 2019 | 1. Case study of Darukhana and Alang Shipyard 2. Case study of Dadri Plant (NTPC) 3. Case study of Commonwealth Games in India 2010 4. Case study of Zambia Coastal Floodplains 5. Case study of Circular Economy: E-Waste in India 6. Case study of Textile Waste in India 7. Not in My Backyard Case (Canada) |
Economics of Environment and Sustainable Development |
Cases used for F.Y.M. Sc. Economics
| Date | Case study used | Name of the Course |
|
September 2019 |
The 2007-2008 Financial Crisis: Causes, Impacts and the Need for New Regulations | Macroeconomic Theory I |
Convocation- 2019
The Convocation ceremony for Sarla Anil Modi School of Economics, Sunandan Divatia School of Science and Kirit P. Mehta School of Law was held at Mukesh R. Patel Auditorium on 3rd August 2019 at 11.00 a.m. The Chief Guest for the Convocation was Mr. Shardul S. Shroff, Executive Chairman, Shardul Amarchand Mangaldas & Co.
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
B.Sc. Economics Program
Orientation 2019
Orientation Programme F.Y. B.Sc. Economics Batch 2019-22 and M.Sc. Economics Batch 2019 - 2021
The programme consisted of an inaugural session at Santokba Hall. Students were addressed by the Vice- Chancellor, Dr. Rajan Saxena, Pro-Vice-Chancellor Dr. Subhajyoti Ray. Associate Dean Prof. Amita Vaidya, gave the students as well as the parents an insight into the working of the School of Economics. The Second Year B. Sc. Economics students also shared their experiences at the School with the F.Y. B. Sc. Economics students. It was followed by an interactive session of the parents and the students with the faculty.
July 12, 2019Workshops
Workshops for F.Y. B. Sc. Economics
