In IBA relating to economics, I firstly remind about simulation game. It is a game where a group of people where I was one of the member of the group we established a company and trade goods which we manufactured with cost of the product given and entering into markets by paying entry cost for the particular market. Here I feel like I am trading in real market. And also we are supposed to think beyond what our competitors think. We calculate the price by calculating standard deviation and fix price in such a way that we beat our competitors with our price and sell all the goods which we manufactured.
Next class participation is one more main thing where we will take part class lectures by asking questions and saying our views related to the topic. In graduation days I studied economics but I don’t know that I can relate economic concepts to real life. And now I can also observe economics in every part of the day to day life.
Next class participation is one more main thing where we will take part class lectures by asking questions and saying our views related to the topic. In graduation days I studied economics but I don’t know that I can relate economic concepts to real life. And now I can also observe economics in every part of the day to day life.
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