Ecovision - The Economics Society of SSCBS We don’t emphasize on the Economics curriculum given in your syllabus booklets, but we think beyond.
We, as the official Economics society of SSCBS strive to achieve excellence in and spread the knowledge of Economics, not only among the students of our college, but to anyone who is associated in the subject of economics. By talking about how Economics impacts our everyday life in a comprehensive and easy-to-digest manner, we make Economics fun to understand, learn and apply. Everyone is free to
11/04/2023
In a world riddled with mysteries and furtive phenomena, there exist several aspects invisible to the common man.
Beneath the surface of the financial world lie Dark Pools, a system of hidden trades and unknown movements where fortune is made in a flick of a switch without any awareness among general public.
Read on as we Demystify this unique way of anonymous trading.
28/03/2023
ecovision_sscbs China +1 strategy is a unique strategy designed for economies which is based on establishing production and manufacturing units at different destinations other than China.
The strategy is aimed at promoting economic growth across the globe with units at various destinations including China. C+1 can be seen from different perspectives of different countries and different industries.
Read on as we Demystify this unique strategy for economies declining due to production units only in China.
14/03/2023
As a country on an escalating trajectory of economic growth, India is projected to witness the largest upsurge in energy demand by any country over the next two decades, accounting for close to 28% of incremental global growth in energy demand.
E20 is a blend of 20% ethanol and 80% regular gasoline. This renewable source of energy can be used as an alternative to gasoline in cars and other vehicles, thereby making it a major prospect to bolster India’s transition to green energy.
Read on as we demystify the E20 fuel and its impact on the economy and to the future of green energy.
28/02/2023
28/02/2023
ChatGPT is an interactive chatbot that has the inherent ability to generate human-like responses.
The repercussions of ChatGPT are many, with some industries like logic and memory semiconductors, networking equipment and related hardware and software and applications receiving an upward boost; there can be negative implications as well, with reduced jobs and increased plagiarism being the most prominent.
Read on as we Demystify this Chatbot and the impact of this technology on several facets of our lives.
14/02/2023
A hostile takeover occurs when a company, or a person, attempts to take over another company against the wishes of the target company’s management. That’s the “hostile” aspect of a takeover — merging with or acquiring a company without the consent of its board of directors.
The targeted company tries to protect its interests by making an offer to take over the acquiring company itself.
Read on as we demystify this unique strategy for a company to overcome a hostile takeover.
31/01/2023
Gautam Adani saw a meteoric rise in his net worth in the past few years as the value of his companies grew dramatically. The share value of most of the companies of the Adani Group grew as much as 100% to 200% in a year.
Thus he rose to the position of the third richest person in the world. Little idea people had that the rise was fueled by illicit activities such as accounting frauds, stock manipulations, and more. Hindenburg Research, an investigative finance research organisation, has tried to unmask what might be one of the greatest corporate scams.
Read on as we demystify the contents of the Hindenburg Report, the reply of the Adani Group and the after-effects of the same.
17/01/2023
Oil and its derivatives have undisputedly solidified themselves as a commodity which is practically irreplaceable. Which is why, almost every country monitors oil trades, even when the country in question isn't even directly participating in it. Sale price, volume, the currency trading hands, every little thing matters.
Petrodollars may be defined as oil revenues denominated in US Dollars. A simple concept on the surface, but actually quite significant when you understand how far it is reaching.
Read on as we demystify what Petrodollars are, how did the term come about, how to "recycle" them, and the dark side to this whole ordeal.
03/01/2023
A decade ago, there were grandiose plans to reap untold fortunes from near-Earth asteroids (NEAs). But there has been little action since.
Asteroid mining though incredibly expensive, will soon prove cheaper than the cost of obtaining these rapidly depleting materials on Earth. That’s when asteroid mining will shift from a theory to a necessity if we want to maintain our way of life.
Read on as we demystify what drives this project, the technological developments in this respect and the question that remain unanswered.
06/12/2022
Increasing global warming has been a constant concern for the world. All these years, developed countries have not taken responsibility for their carbon footprint. Neither have they contributed enough to climate change funds to help vulnerable countries.
The situation is changing as they plan to take steps to make an amendment.
Read on as we demystify the first of its kind proposal, The Carbon Border Tax and how the European Union plans to use it to tackle climate change.