Comments on: How to study economics

By: Atanu Dey on India’s Development » Reasoning Economically

Atanu Dey on India’s Development » Reasoning Economically — Sat, 20 Oct 2007 08:40:52 +0000

[...] le, we the fish will be constantly in danger of being saved from drowning. Related post: How to Study Economics. Stumble it! 8 Com [...]

By: diptesh

diptesh — Thu, 29 Sep 2005 10:56:06 +0000

strong

By: Atanu Dey

Atanu Dey — Sun, 25 Sep 2005 08:35:51 +0000

Krishnan,I have a followup post on the topic called Reasoning Economically which addresses some of your points.

By: sharvari

sharvari — Sat, 24 Sep 2005 23:24:26 +0000

A very timely post Atanu. I was planning to ask you for the same advice. Nevertheless, I would like to read your views on how to improve one’s understanding of economics.

By: salil wagh

salil wagh — Sat, 24 Sep 2005 04:09:53 +0000

Thanks Atanu
Deep down somewhere in my heart I have this wierd dream to pursue masters course in economics from DSE or LSE.
Thanks for introducing me to the starters before I start thinking of the main course.

SALIL

By: DesiPundit » How to study economics

DesiPundit » How to study economics — Sat, 24 Sep 2005 00:37:48 +0000

[...] ics at 8:19 pm by Patrix Atanu Dey’s favorite advisor CJ has advice for us on how to study Economics. Permalink [...]

By: Stephen Stohs

Stephen Stohs — Fri, 23 Sep 2005 17:55:05 +0000

Beautiful advice, but govt bureaucrats need to look busy or they get into trouble. Of course, Einstein was a govt bureaucrat when he thought through some of his best ideas.

Any advice for us bureaucrats who like to think in this era where productivity is measured by empty busi-ness?

By: Krishnan

Krishnan — Fri, 23 Sep 2005 15:53:27 +0000

Reminds me of the wannabe author who thought it would be a good idea to be surrounded by literature, so he got a job at Barnes & Noble

Atanu, in one of the eco courses on tape, the Prof had a tough time trying to explain the difference between economics, finance & business. The question was posed as to why ppl in Wall St are successful at what they do when they mostly major in finance & have only a cursory understanding of eco. The Prof’s reply was something like “understanding movement of stock markets doesn’t have much in common with eco”.
One bloke asked why so many successful businesses are started by dropouts with no B-school experience – again a disconnect between books & the real world.

In my film, Dr. Ashford, an economist at MIT, felt “economists should stop lying to the public”, and Noam Chomsky echoed the same view when he said “economics is a dubious science. They measure some things but not others. Most economics models are flawed. If this is how Physics worked, we’d be very worried.” I once read an influential essay by Amartya Sen where he questioned some of the metrics used in traditional eco to measure stuff like prosperity & GDP & insisted that eco must include some sociological considerations as well especially for 3rd world nations.

Perhaps you would care to address these issues.