Having studied business during secondary school, I had limited options of courses I could pursue for under-graduation. I could have either done my bachelors in commerce, chartered accountancy or pursued economics. While researching about these subjects in detail, economics interested me the most. The chance to study not only about banking systems and principles of trade, this subject promised to help me better understand the on-goings in the world. Right from my first class on Principles of Economics, I was hooked. I remember the class discussion was on trade-off between controlling inflation and generating employment and it made me want to rush back home and read more about central banks of different countries and their …show more content…
Apart from intensive internships, summer schools and department participation, the most interesting aspect of my under-graduation were the class discussions I participated in. Studying in a college with the best and most experienced faculty ensured that the lectures were as participative as possible, a trait my college shares with Boston University. My interest in Econometrics led me to opt out of an internal assessment in exchange for writing a paper under the guidance of my professor. This paper on ‘Geographic Determinism’ tried to combine the concepts I was studying in the class and the book I was reading, ‘Wealth of Nations’ by Adam Smith. It focused on how geographic isolation and distance from the equator (malaria effect) significantly determined the economic performance of the country through regression analysis. Geographic isolation was measured by the coast line of the country and distance from the equator was taken a weighted mean of the latitudes of the country in accordance with the population at the latitudes. The dependent variable, to indicate the economic performance, was taken to be the per capita income. Regression was done to find the correlation between the independent and dependent variables and I presented this paper in the Economics Department of my own …show more content…
Though, I was less interested in Microeconomics in general, the Game Theory dynamics I learned in that class was one of the most interesting topic I have studied in my under-graduation yet. My Macroeconomics’ professor, seeing my keen interest in the subject, encouraged me to read more contemporary books like ‘Breakout Nations’ and ‘Poor Economics’ and also led me towards generating keen interest in the inter-disciplinary nature of economics, compelling me to read historical books and political books as well. During the 2014 general elections in India, I remember reading more about the different economic views of Jagdish Bhagwati and Amartya Sen concerning the candidates than reading about the actual contenders for the elections. My interest in current political issues not only led to discussions in class on game theory dynamics in warfare and ISIS threats but also made me write a paper on ‘Sustainability of Refugees in European Union’ for presentation in Hans Raj College, Delhi University. This paper focused on economic and social scenarios of 8 countries of European Union to judge the sustainability of refugees in each