About the session:
This is a lecture for all those people who do not understand a word of economics. All around there is talk of a Recession. Words like sub prime mortgage, unemployment, inflation, bankruptcy, economic slowdown, global credit crunch keep coming back to us from the television, newspapers, shopkeepers and friends. What is this recession that everyone is talking about? What causes it and what are the key indicators? How does it affect us? What are the causes which are believed to have resulted in the recession of 2008? This session is my attempt to answer the above questions and to better acquaint the students with the existing gloomy global economic environment.
About the presenter: Aarti Pathak
Aarti Pathak completed most of her schooling from New Delhi and graduated (with distinction) in Economics from Symbiosis College of Arts and Commerce, Pune. She did her post graduation in the same subject from Fergussion College, Pune. She enjoyed working in the I.T industry for a year before she decided to follow her heart and shift towards the teaching profession. Aarti qualified the UGC-NET exam in 2005 and has been teaching formally and informally ever since. Besides teaching she takes immense pleasure in sketching, writing and traveling. In today's world seldom is a conversation carried on without at least a casual reference to economic terms like inflation, taxes, income, investment, interest rate, unemployment, black market, expenditure, profits, foreign exchange, stock market, bullion, GDP… Economics is one of the most dynamic subjects today. Clearly it has permeated all facets of our lives. In all her sessions, she hopes to simplify and explain the complex economic jargons and help students understand it better and also to relate the subject to their own day today lives.
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