ECONOMICA

Picture from Orobel.com Looking back upon the year 2016, I am filled with a sense of dread. Will I be next? How bad would my city look after an attack? And how will we cope if an international terrorist organization were to strike on our soil? Hopelessness, uncertainty and mainly a sense of fear prevails. Personally, I fear the feeling I had right after 26/11 when my entire city was on lockdown and everyone sat clutching their hearts in their hands. I fear that we will be holding our breaths so long for good news, that it will be eons before we are safe again. I fear, Fear itself. But as I spent my year studying economies and learning market structures in detail, the one question that kept plaguing my mind was this, will our economy fall if we were ever to be attacked?  Did USA crash after 9/11? Were Paris and Brussels affected in 2016? After immense research and a lot of questions, this is what I gathered. Economies as individuals are affected after a terrorist...

Dr. Deshpande (centre) being felicitated by Dr. Desai (left) as Dr. PRakash Salvi looks on (right). On 15 th December, the University of Mumbai and Economica (the Department of Economics at Ruparel) organized a talk on Artha Saksharta (Economic Literacy) with Dr.  Chandrahas Deshpande  (Ex-Director, MC) as a part of the celebration of 168 th year of the University of Mumbai.                  The program was organized by Sharanya Pillai.  Members volunteered as photographers, videographers, to get the bouquet, for setting up the whole room, for board decoration and publicity. The program received an enthusiastic response from students.                  The program started with little introduction of the chief guest and his felicitation with a bouquet of flowers. He then started his speech. First of ...

The Cultural Department is an imperative part of the D.G . Ruparel College. With activities going on year round, our college has been a part of state level competition called Maharashtra Utsav . This year, I had the privilege of being a part of the MU Team. My role in MU was limited to one event only i.e Folk dance. The folk dance to be performed was called as Kalbeliya . It is a folk dance that belongs to the North-West State of India i.e Rajasthan.  Folk Dance in general requires lot of energy and stamina. It is considered to be one of the most hectic dance forms, ours was not an exception. My team consisted of 10 members including me. The day we reached the rehearsal hall, we were told about the dance form and also that the time limit given was approximately 8-10 mins. All of it seemed impossible during the initial days, with us attending lectures in the morning and then spending the entire afternoon rehearsing! We were extremely unsure of ourselves. Ruparel's Kalbeliya...

Assumptions are what modern sciences base themselves on. Physics might assume that properties have a consistency; Mathematical assumptions are meticulously written down before any theorem. Often these assumptions are fairly simplistic and are considered so obvious that they do not require any explanations. For an economics student, assumptions are provided before aspects such as Demand Theory as well. But there is one universal assumption that, even though disproved time and again, continues to be a pillar for Economics, Political Science, Linguistics and any human-oriented subject in general :   that humans are trustworthy creatures. Artwork by Swarada Mayekar Trust makes the cogs of our society turn. The manufacturer must trust his workers not to steal and go on rampage; the workers must trust that consumers will buy the products and they will get their wages; the consumers in turn must trust the manufacturer to create a product that fulfills their basic need and ...

Perkele! Indian society has always equated good education with "academic achievements". We can’t even stick to ONE philosophy of education long enough to see if it actually works.  We keep on trying new methods, ideas and initiatives .  We keep adding more and more to our plates without removing any of the past ideas.  We believe, “more” is the answer to all  our education problems.  MORE classes,  homework,  assignments,  pressure,  content,  after school tutoring testing and longer days !  This is doing nothing, but creating  MORE frustration.          Finland  believes less is more. It applies to both, students as well as teachers. Finnish students don't start formal education until the age of 7. Finland allows it's children to play and explore while learning, instead of locking them up in a room. Children start learning when they are actually read...

Artwork by Nikita Panicker In a world where gender discrimination exists in almost every sphere of our society, here comes the story of a woman who has achieved the top position in one of the world’s largest company. Indra Nooyi, CEO of PepsiCo has scripted a success story that showcases what American dreams are made of.  She has also proven that no matter who you are or where you come from, if you have a dream then all you need is the will and determination to achieve it. BACKGROUND Indra Krishnamurthy Nooyi is an India-born, naturalized American business executive and the current Chairperson and Chief Executive Officer of PepsiCo . Nooyi was born to a Tamil-speaking family on 28th October 1955. She was educated at   Holy Angels Anglo Indian Higher Secondary School   in Madras and received bachelor's degrees in Physics, Chemistry and Mathematics from   Madras Christian College   in 1974 as well as a Post Graduate Programme (MBA) from the   Indi...

While thinking of the Porsche 550 Spyder, the first thing that triggers in our mind is James Dean. (Although in a death wish kind of way.) James Dean’s death in 1955 made the Porsche 550 Spyder infamous as the car that killed him. While being the stopping ground for Dean as he waited for another car, this was not even the car he was after. The stories about the curse of James Dean’s Porsche are downright scary and daring to read them requires tremendous courage! James Dean in the car. While shooting for Rebel Without A Cause, James Dean decided to upgrade from the 356 to the 550 Spyder and wanted to make this car uniquely his. Dean called upon George Barris, of movie car fame, to customize the Porsche to suit his taste. He gave it tartan seats and two red stripes over the rear wheels. He plastered the number ‘130’ on its doors, hood and engine cover. He named this car “Little Bastard”, what his language coach, Bill Hickman, liked calling him. He later got the name painte...