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economics

Cost of consumption

The term “consumption” simply represents purchases of goods and services (including energy) by consumers. It has a strong material dimension that lies along a gradient between “needs” and “wants”.

Dynamic pricing to curb scalpers

Coldplay's Mumbai concert began as just a musical event but now it's become a symbol of the growing frustration with ticket and resale practices.

Hidden Costs

Economics is not just about financial comings and goings within markets: the ‘unpriced’ or non-market services that the natural environment provides us with are equally its concern.

IMF and India

In the ever-fluctuating realm of economics, forecasts serve as guiding stars for policymakers, investors, and citizens alike.

Education 4.0 Need of the hour

The evolution of education can be traced down from the stage/era/time of Education 1.0 where the students were the passive recipients and teachers were authoritarian. The approach followed was teacher-centred and the usage of technology was merely a pipe dream.

Welfare Economics

Ms Bhattacharya’s Rs 3.21 lakh crore budget is riveted to continuing the welfare schemes, even extending them to cover a wider net. Specifically, priority has been accorded to ensure social safety for the poorest of the poor in West Bengal. After all, the state has been on the cusp of poverty for as long as it has.