Author: Srideep Das

Srideep has worked with Dr. Duke Ghosh at Global Change Research, on various projects including the Smart Cities Mission India. He has also worked with Dr. Luisa Cortesi (Yale University) during her research in India. Currently, he’s an International Master in Business student at SDA Bocconi. He is an Economics enthusiast.

Understanding the Uber Business Model

February 27, 2020

Economists love Uber. Or at least, it’s imperative that they do because it’s the closest you can get to taking the pure economic theory of textbooks and summoning it to real life. Uber managed to create an open market, governed strictly by the forces of demand and supply.

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Why the GDP is the wrong yardstick to measure prosperity

January 16, 2020

From a GDP perspective, nuclear warheads do just as well as hospital beds or apple pie. -David Pilling, Author of the Growth Delusion

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Duflo Esther

Book Review: Poor Economics by Esther Duflo and Abhijit V. Banerjee

August 18, 2019

The battle against global poverty has been going on for decades now and has been a topic of debate amongst various personalities including politicians and celebrities. Yet, as we all know, the problem remains. The book, ‘Poor Economics’ by Abhijit V. Banerjee and Esther Duflo, tries to explain a few reasons as to why the problem seems to be ubiquitous, especially in third world countries.

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The Economics of Apple – What is the Apple Tax?

June 15, 2019

What causes Apple products to constantly push the price ceiling? Some people may be of the opinion that its greed. After all, like all business, Apple too is incentivized by higher profit margins. It has risen to the position of being one of the most valuable companies in the world.

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Happiness in India

The Pursuit of Happiness: Understanding the Easterlin Paradox of Growth Economics

April 20, 2019

What is happiness, really? In layman terms, happiness translates to satisfaction. Economists tend to relate happiness to the satisfaction of wants- fulfilment of desires through the consumption of goods and services that possess utility.

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India and the GHI

March 12, 2019

The Global Hunger Index (GHI) ranks countries on the basis of four key parameters: child mortality, child wasting, child stunting and undernourishment. In 2018, out of 119 countries, India was ranked at the 103rd position; according to the sources, India has a ‘serious’ hunger problem- lagging behind countries like Nepal, Bangladesh, Sri Lanka and even North Korea.

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Sale Tags

Rationality, Consumer Behaviour and Business Models

February 22, 2019

Behavioural Economics, in fact, dictates that we might not be as rational as we think we are. There are a lot of factors that influence our behavior and traditional economic theory does not always suffice for the explanations.

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