ENVIRONMENTAL ECONOMICS by Guy Dixon

In this Economics Society gathering the discussion addressed the contemporary issue of environmental problems from an economic perspective. The key questions that Guy addressed were: What is the nature of the environmental problems? Why do environmental problems occur? What are the problems that we face when confronted with this issue? What are some ways of…

POVERTY by Ronak Jain

In the second Economics Society gathering, Ronak discussed the issue of persisting poverty in the world in the world today. Situation today Today we see a divide between the rich (or at least fairly rich) 6 billion people and the bottom 1 billion who still face challenging living standards, often lacking even basic amenities like…

THE BIRTH OF THE DISMAL SCIENCE by Maria Chetskaya

In our first ever Economics Society gathering at MCS we travelled through the human history plotting the events which contributed to the birth of Economics. The three central questions that Maria addressed were: 1)       How did economics come about? 2)       Why do we need Economics? 3)       Is Economics a dismal science? Man addressed the problem…