ECONnect Vea Choubey, Akshaya Swaminathan & Ananya Karel
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- Education
On ECONnect, we’ll be breaking down real life events and explaining the economics behind decisions made by governments and other institutions. We will go beyond the standard news article by defining economic concepts and their real world applications.
Credits
Art: Manya Garg
Music: Vidhi Jhunjhunwalla
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Ukraine v. Russia - More Basics
Unfortunately, the severity of Russia's assault on Ukraine has not yet changed. In this episode, we discuss nuclear disarmament, the Budapest Memorandum and the United Nations' role in wars. Stick till the end to hear Akshaya fan-girling about President Zelensky!
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Ukraine v. Russia - The Basics
On Feb 24, 2022, Russia launched a full-scale invasion in Ukraine and was met with stiff resistance from both the Ukrainian people and the world at large. In this episode, we discuss the history of tensions between the two countries and the repercussions that Russia faces for its actions.
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Stagflation in the USA
The simultaneous increase in price levels and decrease in economic output is called stagflation. This episode explains the meaning, causes and effects of stagflation by looking at the USA as an example.
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Hyperinflation in Zimbabwe
Many countries have faced severe hyperinflation in the past. This episode explains the meaning, causes and effects of hyperinflation by looking at Zimbabwe as an example.
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Inflation: A Necessary Evil
The Covid-19 pandemic has resulted in record inflation around the world. Inflation hurts consumers, producers, and nations. However, it is a well-known sign of economic growth.
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The Economic Impact of Racism
Racism is a social evil, but a harsh reality of today’s world. However, its impact is also felt on the economy of nations. Why does it continue to exist?