EXCEL WORKSHOPFOR ECONOMICS TEACHERSIN BUSINESS SCHOOLS

O r g a n i z e d b y

L A V A S A , P U N E , I N D I A

K n o w l e d g e P a r t n e r

Dates November 26 and 272017

VenueChrist Institute of ManagementLavasa, Pune

Motivation

The use of economic principles and thinking have numerous applications in business and policy making. However the

usefulness of these are critically influenced by the ability to quantify economic phenomenon. Inherent abstraction of the

concepts, archaic teaching materials and pedantic pedagogy pose serious challenges in effective delivery of economics in a

Business School class room. However, the ability of class participants to visualize complex economic phenomena can be

augmented substantially with the help of technology. The interactive games and simulations in economics are aimed at making

the learning more interesting.

Working with economic data and economic model building have traditionally been the home turf of econometricians. However

data and models can be extensively applied in teaching subjects like micro and macroeconomics. Such an approach can make

the classroom transactions more interesting and meaningful. The use of spreadsheets in teaching economics can make the

teaching learning process more hands on, an aspect which is yet to gain acceptance in economics education. The workshop is

conceived to promote excel based economics teaching and learning, which we hope will help in activating a data based

approach to economic thinking.

Purpose

The workshop intends to introduce excel templates and functions that can be helpful while teaching concepts in micro and

macroeconomics. The two day workshop will start with a quick brain storming session on the teaching challenges related to

specific economic concepts, and how some of those can be addressed using excel. At the end of the second day of the

workshop the participants will have created their own libraries of excel functions that can be used in a standard economics

curriculum in Business Schools. The major objectives are:

Take stock of challenges in introducing economics concepts in Business School Education

Introduce advanced excel applications for teaching economics

Create own library functions for teaching economics

Build dynamic excel templates that can be deployed while teaching economics

Pedagogy

The workshop will be led by the resource person(s) for each session. Each session will start with a basic review of the

economic concepts followed by excel application/introduction to templates for the same. The sessions will be conceptually and

computationally intensive. The workshop sessions will have individual as well as group tasks to finish.

Micro Economics (Concepts)

Advanced review of Demand and Supply in the context of Marketing Decisions

Review of Market structures in the context of industry performance

Micro economics as a primer to strategic management

Micro Economics (Excel Applications Hands on)

Data handling and chart building for marketing decisions using demand and supply data

Application of regression for demand forecasting

Solver applications for calculating equilibrium

Dashboard creation for demand management decisions

Solver applications for optimizing advertisement spending

Macro Economics (Concepts)

Primer on ISLM model as a framework for long term decision making

Advanced review of product market components in greenfield investment decisions

Advanced review of money market components while making capital sourcing decisions

Macro Economics (Excel Applications Hands on)

ISLM excel template creation using VBA

Solver applications in calculating money market and product market equilibrium

Essential financial functions for money market calculations

Application of Goal Seek and Scenario planning in macroeconomic decision making

D A Y - 1

D A Y - 2

W O R K S H O P C O N T E N T

Highlights of the work shop:

Hands on training on financial and mathematical functions in Microsoft excel 2007 or later version

Applications of Solver and Scenario Planning

Introduction to VBA

Introduction to Excel Dashboards

Integration of Excel workbook with online economic data sources

Training on conducting examinations in excel

Rs.8,000/-REGISTRATION FEE

(Rupees Eight Thousand only)

Pay TM

Bank Transfer

Demand Draft

The fee covers course material, meals (breakfast, lunch and dinner) and coffee on workshop days. The participants will also have an option for boating in the beautiful Lavasa Lake.

R E G I S T R A T I O N D E T A I L S

P A Y M E N T M O D E

EARLY BIRD OFFER: There will be a 20 percent off on registrations before October 15.

Cancellation RulesParticipants who wish to cancel their registration may do so without any penalty before May 5th.All cancellations after May 5th will receive fifty percent of the registration fees.

Workshop intake capacityAs this is a hands on workshop, m a x i m u m n u m b e r o f participants is limited to 30. Participants will be accepted on first come first admit basis. M a x i m u m n u m b e r o f participants that can be allowed from an institute is three.

Prior reading materialThe registered members will receive essential reading material 15 days prior to the workshop. It is expected that the participants go through the material thoroughly before attending the workshop to make the transactions more meaningful.

7264851230

South Indian Bank, Lavasa Branch

A/C No. 0919053000000001

IFSC: SIBL0000919

State Bank of India, Lavasa Branch

A/C No. 033701600928

IFSC: SBIN0014242

DD drawn in favor of

Christ Institute of Management

payable at Lavasa.

Accommodation: Rs. 750/- per night per participant (AC accommodation on twin sharing basis.)

You may register online at www.cimlavasa.in

Christ Institute of Management (CIM), Lavasa is the latest addition to the renowned Christ University Trust Institutions which

promote Christ University Bengaluru, the best deemed University in India which was awarded an A grade by NAAC. Christ

Institute of Management Lavasa offers two year full time Post Graduate programmes in Management. From its inception the

institute has been able to consistently attract future corporate leaders from across the country. In addition to the regular

specialised programmes in Marketing, Finance and Human Resources the CIM Lavasa also offers a cutting edge introduction

to data based decision making through its latest specialisation on Business Analytics. Through its differentiated pedagogy,

world class infrastructure and superior academic environment, situated in the serene hill station, Lavasa, CIM Lavasa is

destination excellence for management education and research.

ABOUT CHRIST INSTITUTE OF MANAGEMENT LAVASA

Cradled in the heart of mystic Sahyadri mountain range, Lavasa is well connected to both Pune and Mumbai. Lavasa is a

private, planned city being built near Pune. Envisioned as a complete Hill Station offering a balanced life in harmony with

nature, Lavasa is an inspirational destination for lifestyle seekers. A far escape from the noise and chaos of the big cities,

Lavasa is a complete world in itself.

ABOUT LAVASA

The nearest railway station is Pune and the nearest airport is Lohgaon, Pune. One reaches Lavasa by road, branching off the

Mumbai-Pune Expressway extension at ‘Chandani Chowk’. From Chandani Chowk to Lavasa via ‘Paud’ road, turn left after

Pitangut. On the way, the motorist has to negotiate 3 mini ‘Ghats’ before Pirangut, before Mutha and after Lavarde. The

Temghar Dam after Lavarde is a very imposing structure. A 10 km winding ascend after Temghar Dam plays hide and seek with

the massive Temghar water reservoir. It has 2 sharp hairpin bends which need to be negotiated carefully. The Ghat ends when

one reaches the ‘Welcome to Lavasa’ arch where one gets the testimony of the elaborate security arrangements at Lavasa.

After revealing the identity to the security guard, it would be very refreshing to visit the nearby observation point overlooking

Dasve Valley and Warasgoan lake. The sheer enchanting beauty of the valley appears to conjure the feeling “Love Us” at

Lavasa. The 10 km descend from the ‘Welcome to Lavasa’ arch to Dasve takes you to the Dasve bund on Varasgaon lake. This

section has several strategic points to appreciate the beauty of Dasve valley. Cross the bund , turn right and after about 400 m

you will see the Dasvino Club then the ‘Lavasa Convention Centre’ then the ‘Lavasa Information Centre all on the right side.

Further down you will pass the ‘Public Safety Centre’ and ‘Ecole Hoteliere’(EH) on the left side. Turn left after ‘EH’ and again

take the first left turn before ‘Apollo Hospital’. Drive down 300 m to reach CIM at the foot of the hill

HOW TO REACH

The participants will have an option for boating in the beautiful Lavasa Lake.Other attractions are Water Sports, Lavasa City Tour, Nature Trail, Cycling, Segway Ride

and Adventure Sports.

ATTRACTIONS

The ideal participant has finished a Master's programme in economics and have at least two years of experience teaching

economics in a Business management programme at the undergraduate or postgraduate level. The participant will need to be

conceptually strong. No particular background in mathematics or excel is assumed.

Binu P Paul MBE, Ph.D

Prof. Paul is Associate Professor and Head of Academics at Christ Institute of Management Lavasa. His teaching interests

include Macro and Micro Economics, Operations Research, Statistics, Econometrics, Marketing Research, and certain

aspects relating to Business Analytics. He was formerly Associate Professor at Christ University in their MBA programme. He

has also worked as Senior Research Analyst at Frost and Sullivan's Economic Research and Analytics Team, and has also

worked as Research Associate at Center for Study of Social Exclusion and Inclusive Policy (CSSEIP), International Center for

Economic Policy and Analysis (ICEPA) at Cochin University of Science and Technology. He finished his Master in Business

Economics and PhD in Applied Economics from Cochin University of Science and Technology.

Mahidhara Davangere V. MBA, MFC, MSc (Maths), Associate Actuary (UK)

Mahidhara is the Founder and Managing Director of Pramartha – an Actuarial Risk Management and Consulting firm.

Pramartha is started in 2010 today has offices across (6 countries),i.e besides India, in Australia, South Africa, Malaysia, UAE

and United States. Prior to this he has over 13 years of extensive experience in Research and financial valuation covering

industries like Banking, Insurance and financial sectors in India, South Africa and other emerging African markets. Prior to

starting his own firm he worked in Citi Bank, Ocwen and Atom Funds Management (Australia). Mahidhara is a Board member

representing Asia for Finance and Investment Board of Institute and Faculty of Actuaries (IFoA), UK. He is involved with in

various regulatory boards overlooking policies and frameworks. He was the Vice Chair for the recently conducted IFoA Asia

Conference 2016 in Kuala Lumpur and Upcoming IFoA Asia conference 2017 in Hongkong. Mathematical Advisor in Scientific

Review Committee, a National level Committee set up by Department of Science and Technology, Government of India and

Intel to promote innovation in Basic Science and Maths. He was the Regional Co-ordinator for ASEAN Countries and

Bangladesh during Indian Science Congress 2014.

P A R T I C I P A N T P R O F I L E

I N S T R U C T O R P R O F I L E

Prof. Binu P. Paul Ph.DPh: +91 20 667 53 818Mob: +91- 9765 095 482/ 9591 346 789Email: b.p.paul@cimlavasa.in

C O N T A C T D E T A I L S