Arthonomics

Economics Club
DoMS, IIT Madras

[Samanvay IIT Madras @IITMSamanvay]

Eco-Stan, the economics event of Samanvay 2020 successfully concluded today. Our esteemed judge Mr. Santosh Kumar Sahu, Assistant Professor of Economics, Department of Humanities and Social Sciences, IIT Madras had a tough time selecting the winners. We thank all participants.

[Samanvay IIT Madras @IITMSamanvay]

‘The starting point is not design; it is sustainability'. The Economics event that will test the managerial capability of the participants to cope with dynamic macroeconomic factors. Participate now and you stand a chance to win prizes worth Rs. 16,000!

#SamayForSamanvay

[DoMS IIT Madras @domsiitmadras]

DoMS, IIT Madras brings to you its annual business fest Samanvay 2020: Building Sustainable Economies. Samanvay is the confluence of thoughts and ideas, integration of knowledge and skills, and synthesis of intellectual prowess and brilliance.
#samayforsamanvay #samanvay2020

[IIT Madras @iitmadras]

@domsiitmadras presents its annual business festival #Samanvay2020, which comprises domain-specific competitions, conclave panel discussion, lecture series & workshops from eminent industry stalwarts.
@IITMSamanvay #SamayforSamanvay
To know more: https://t.co/Ik46QM2t5U

[Samanvay IIT Madras @IITMSamanvay]

#SamayForGyaan Decades ago, oil companies ruled the world. An immense, untapped valuable asset, oil was the world’s most valuable resource. Fast forward to 21st Century, data is the new oil. Check out our post to know more.
#samayforsamanvay #samanvay2020 #domsiitmadras #bfest

[Samanvay IIT Madras @IITMSamanvay]

#SamayforGyaan Eradicating poverty in all its forms is one of the greatest challenges facing humanity. Zero Poverty by 2030 is UN's number one goal for Sustainable Development. Swipe left to read about innovative solutions organizations have come up with in pursuit of this goal.

[Samanvay IIT Madras @IITMSamanvay]

2020 has got us down, but not out.
Department of Management Studies, IIT Madras presents its annual business fest Samanvay, completely online for 2020!
Click here to register now-
https://t.co/0g7SoUsjyq

#SamayForSamanvay #Samanvay2020 #DoMSIITMadras #IITMadras #BFest

[Samanvay IIT Madras @IITMSamanvay]

Tick-Tock, Tick-Tock. Miss it, Miss out.
Samanvay 2020 - DoMS IITM Business fest
Stay tuned for more updates.
#samayforsamanvay #samanvay #iitmadras #domsiitm #mba #business #businessfest

[Arthonomics @domsarthonomics]

.@actuallyPR explains the Potemkin Village!
Read on.

Insta: https://t.co/GG9kOuBtqy

#potemkinvillage #potemkineffect #potemkin #economics #iitm #doms

[Arthonomics @domsarthonomics]

Prisoner's Dilemma - Two rational individuals not co-operating with each other, at the cost of their best interests! How does this tie in with Game theory?
Read on

#prisonersdilemma #gametheory #nashequilibrium #economics #economy #iitm #doms

Insta Link: https://t.co/gnRgd0mnKJ

[Arthonomics @domsarthonomics]

The paradox of value. Also called the Diamond - Water paradox. Introduced by Adam Smith in the 1700s, it talks about the contradiction in the price of diamonds and water.

Read on!

Insta Link: https://t.co/EsAXe0rVdC

#diamondwater #diamond #water #adamsmith #economics #economy

[Arthonomics @domsarthonomics]

Is there a true communist country in the world?
What is communism? How is it related to socialism?

#Siva explains in this post. Read on to know more!! #communism #socialism #marxism #marx #economics #economy #iitm #doms

[Arthonomics @domsarthonomics]

Amidst the Covid19 pandemic, the "Tragedy of the Commons" has been in the news. What is it? How is it relevant in today's times?

Read on to find out.

#economics #economy #tragedyofcommons #coronavirus #corona #covid19 #covid_19 #iitm #doms

[Arthonomics @domsarthonomics]

Here goes the first in the meme series making economics more fun😁

Learn more about Ceteris Paribus by swiping to the right!

Sources: Isolation and Aggregation in Economics.

#meme #memes #economics #economy #reality #iitm #doms

[Arthonomics @domsarthonomics]

You'd have heard about (or even had) Chivas Regal😉!
But what is the Chivas Regal effect? And what is its place in economics, esp with regard to MBA admissions (yes, that's right!!) Read on to find out... #chivas #chivasregal #economics #economy #iitm #doms

[Arthonomics @domsarthonomics]

Quiz Qn #1

The Jevons paradox is perhaps the most widely known paradox in environmental economics. Although Jevons originally focussed on X, the concept has since been extended to the use of any resource. Identify X

Question by @actuallyPR

#jevons #economics #economy #quiz

[Arthonomics @domsarthonomics]

#6 is on the recent minority stake bought by Facebook in Reliance Industries!

The collaboration will offer huge competition to current e-commerce players, apart from payment apps
#reliance #jio #facebook #india #economics #economy #iitm #doms
Source: Financial Express/Livemint

[Arthonomics @domsarthonomics]

Oil! That's what everyone is talking about right now.
But what's the story exactly?
Read on to find out!
#OilCrash #OilPrices #OilMarketCrash #oil #economics #economy #iitm #doms

[Arthonomics @domsarthonomics]

#4
The Lipstick effect!
Now what's that?
Here's everything about this concept that's all the more relevant now!
#lipstickeffect #lipstick #economics #economy #iitm #doms

[Arthonomics @domsarthonomics]

Helicopter Drop/Money has been in the news recently, with regard to the economic impact of the Covid-19.
Learn more about it here!
#HelicopterMoney #helicopterdrop #coronavirus #covid19 #economics #economy #iitm #doms