As a b.tech student I was very sceptical about wether or not I'll be able to understand the management subjects or not but it was really fun learning economics as I got to know how we were using economics in our daily life without even knowing that we were using economics even in the smallest of things...like diminishing marginal utility, people react to incentive, Monopoly, agglomeration....and it's interesting how these concepts are used by big companies to attract consumers and increase there production accordingly. The simulation was especially interesting as we got to have a first hand experience of how much to produce, in which market we should enter how to do the costing in real time kind of scenario.
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