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economics

Pareto Minimality

Vilfredo Federico Damaso Pareto (1848-1923), an Italian Polymath (trai - ned in physics and mathematics) whose genius radiated into the major fields of knowledge especially, sociology, civil engineering, economics, political science and philosophy had made several contributions to economic theories.

Unyielding Resolve

In the on-going saga of global trade tensions, the persistent standoff between China and the United States has become a defining chapter.

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”.

Subaltern Economics

The RBI-appointed KV Kamath Committee, which worked out the financial parameters for loan restructuring, has concluded that 72 per cent of banking sector debt worth Rs 37.72 lakh crore was under stress. Further, according to the Committee, the coronavirus pandemic is not solely responsible for the stressed loans; Rs 23.71 lakh crore, or 45 per cent of banking sector debt, was already under stress

Ecology and Economics

The underlying assumption is that if the environment is treated as a commodity and given a price, this will create a market for environmental factors. And depending on the demand and supply for environmental goods, a price will be attached to each one.

Ashoka University’s Economics Department ranked no. 1

The rankings are devised based on volume as well as the reach of the research output of the department since it takes into account total publications, number of citations, and number of downloads of research papers of registered authors.