Department of Economics (2018-19)

The Department of Economics, LBC organized several protuberant events in the academic year

2018-19. The economic society, Éparcus, conducted numerous guest lectures, two intra-college

events and several inter-college events in the annual economics festival BREAKEVEN’19

under the guidance of Ms. Sonica Singhi, convenor of the society. In addition, the department

(Dr. Ritu Suri as teacher-incharge, Ms. Uma as convenor and Ms. Ujjayini Roy as co-convenor)

successfully executed a week long „Faculty Development Programme‟ on „Research Methods

and Data Analysis Using SPSS & EVIEWS‟ in collaboration with IQAC, Lakshmibai College. A

brief report of these events is given below:

Éparcus, The Economics Society of Lakshmibai College

Intra-college maiden fixture, Mind your whistle was held on 24th

October, 2018 that

brought GK cum economics enthusiasts together and gave them a chance to prove their

mettle.

A guest lecture was held on 4th

January 2019 by Ms. Sweta Satya, an IES officer. She

enlightened the students on the role and working of the fifteenth finance commission.

Leaving no stone unturned, she held an interactive and thought provoking session with

the students.

The society, in collaboration with the Department of Food Technology and in association

with the Association of Food Scientists and Technologies (India) Delhi Chapter, invited

Major Dinesh Sharma, Co-founder of Academy of Pastry Arts & Enchante, on 23rd

January 2019. He conducted a thought provoking session with the students of the college.

A guest lecture by Prof. Neeraj Arora, PGDM IIM Calcutta, was held on 25th

January

2019. He shared his thoughts on the topic „Getting Ready for the Industry 4.0‟.

A guest lecture by Prof. Chirag Mehta, an Investment Banker, was held on 29th

January

2019. He conducted an interactive session with the students on the topic, “Career in the

field of Finance, Economics, Management and Data Science”.

A guest lecture on "Do what you love- Identify your passion” was held on 30th January

2019. The lecture was delivered by Prof. Ankur Kaushik. He enlightened students about

the true meaning of passion and how to amalgamate courage and hard work to make a

successful career.

BREAKEVEN‟19, the annual economics departmental fest of the society was organized

on 31st January 2019. Though it has never been less but this year it was even bigger and

brighter. There were six events beginning from a guest lecture by Mr. Surender Kumar

from Delhi School of Economics who shared his knowledge on the topic “Climate,

Global Economy and Policy”. He enlightened the students and faculty on the current

pressing issues.

The lecture was followed by several inter-college events listed below:

Bet you know it, a quintessential event putting economic cognizance and

gambling expertise to an unrivalled test.

Bid pool, where the students allocated their funds and became their own warren

buffet.

Auc-World, a not-so-conventional auction event with mind boggling riddles

putting everyone‟s wit to test.

Ecomania, a game of numbers, with money at stake and luck deciding your fate.

Carpe-Diem, a treasure hunt that brought out the Sherlock in people and closed

the deal just like Harvey.

Know-it-all, an event where you get a chance to either get heard or get hurt, this

event provided a platform for students to voice their opinions.

All the events and guest lecturers saw great response from the students. Excitements and

participation in large numbers kept the society motivated throughout the year to bring something

bigger and better for the hungry minds of budding economists. Prizes were won and battles were

lost but memories were made and great learnings learnt.

Faculty Development Program on “Research Methods and Data Analysis Using

SPSS & EVIEWS”, Nov 20-26, 2018 (with IQAC, Lakshmibai College)

The Department of Economics and IQAC, Lakshmibai College, University of Delhi organized a

one-week Faculty Development Programme on Research Methods and Data Analysis Using

SPSS & EVIEWS during November 20-26, 2018. The FDP was attended by 29 academicians

and researchers associated with various colleges and research institutions of repute from across

the country. The week long program was inaugurated with the lamp lighting under the esteemed

presence of the Chief Guest Professor Sangit K Ragi, Department of Political Science,

University of Delhi and our honorable Principal and Patron Dr. Pratyush Vatsala.

Resource person Dr. Syeedun Nisa from Jamia Hamdard University commenced the first

session of the FDP on the topic of Research Design. The next two sessions on Data Collection,

Sampling Techniques and Writing Research Proposals were chaired by Dr. Pankaj Kumar

Gupta, Professor in Centre for Management Studies (CMS), Jamia Millia Islamia University,

New Delhi. The following four days were chaired by Dr. Prabhat Mittal, an eminent scholar

with his post-doctoral from University of Minnesota (USA), doctorate in Management from

Faculty of Management Studies (FMS), University of Delhi, and currently an Assistant Professor

in Department of Commerce, Satyawati College (Evening), University of Delhi. He undertook

sessions on Introduction to SPSS, Tools of Analysis and Interpretation, Correlation and

Regression Testing of Hypothesis, Analysis of Variance, Case Study and Practice Session on

SPSS, Time Series analysis using EVIEWS. One vigorous session on Factor Analysis on the

fourth day was chaired by Dr. Ritu Bajaj, Registrar, Vishwakarma University.

The last day of the one week FDP was dedicated to group presentations by the

participants. The session was chaired by Dr. Alka Harneja, IQAC Coordinator, Dr. Lata Sharma,

NAAC Cordinator and Dr. Isha Chawla, senior faculty, Department of Economics. Some of the

topics included Modelling the gold prices, variation in wages by gender, poverty rates of five

different states of India. Participants were seen applying various concepts and methodologies

learnt on the previous days on their selected topics.

The week-long faculty development program concluded with a valedictory function with

Dr. Namita Rajput, Principal, Shri Aurobindo College gracing the occasion as the Guest of

Honor for the valedictory session. Dr. Rajput delivered a very informative lecture on

“Characteristics of High Quality Research”. Following this the participation certificates were

distributed to all the participants and certificates of appreciation were presented to the organizing

team. Further the participants were requested to share their experiences of the program. All of

them appreciated the way entire program was organized and conducted and the immense

learning opportunity the FDP offered them. The FDP concluded with a vote of thanks from the

Department.