Wednesday, June 22, 2022

Mostly Economics

Mostly Economics

A review of undergraduate economics curriculum in India:

Posted: 22 Jun 2022 12:34 AM PDT

Rethinking Economics India has released its review of UG economics curriculum in India. Summary: The report shows that the undergraduate curriculum of Economics is falling short of students' needs or expectations. Both microeconomics and macroeconomics are grounded in neoclassical interpretations of economic theory, barring a few exceptions. A dearth of readings and authors from India […]

Monetary system of future

Posted: 22 Jun 2022 12:26 AM PDT

BIS has a chapter in its Annual Report envisioning the monetary system of the future: A burst of creative innovation is under way in money and payments, opening up vistas of a future digital monetary system that adapts continuously to serve the public interest. Structural flaws make the crypto universe unsuitable as the basis for […]

Industrial Revolution 4.0: Will it be different this time for India?

Posted: 22 Jun 2022 12:01 AM PDT

V. Dhanya, Rigzen Yangdol, Satyarth Singh and Mamta Dhanda (intern at RBI) in this RBI Bulletin research article analyse how Industrial Revolution 4.0 will impact India: Technological changes in the last decade have revolutionised the organisation of industrial production. Industry 4.0 which integrates new technologies – like Internet of Things (IoT), cloud computing and analytics, […]
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