From the beginning only i was a bit skeptical about the concept of Economics. Form me every concept has some resemblance with the other. Now after the whole trimester i can confidently say that i know something in economics and can find difference in concepts.The best thing that has happen in economics till now is the Simulation game know as Competitive Strategy Game. Its the best way to learn how a market works and how goods are produced and sold in those market. How we can use Normal Distribution to find out the best price at which all the product can be sold in the market. All thanks to Prof. Prashant Kulkarni sir to provide such a wonderful game which help use to understand the application of economics in a real life scenario. Not only that, it also made us aware about how a company works in different market situation.
No comments:
Post a Comment