Guest Lecture Topic: “Asymmetric Information”
Guest Lecturer: Dr. Aditya Kuvalekar, Lecturer in Economics at the University of Essex
Date: Monday, 3rd February 2025
Program: FY M.Sc. students for the Microeconomic Theory II course
Duration: 1 hour
Mode: In-person
Number of Students: 15 students
Venue: Room 310, Main Building
Summary:
Dr. Aditya Kuvalekar visited the Sarla Anil Modi School of Economics, NMIMS Mumbai, on 3rd February 2025, to deliver a guest lecture on Asymmetric Information to FY M.Sc. students as part of their Microeconomic Theory II course. The lecture provided students with deep insights into the role of information asymmetry in economic decision-making. Dr. Kuvalekar began by discussing the well-known Market for Lemons problem by George Akerlof, a Nobel Prize-winning concept that highlights market inefficiencies caused by asymmetric information.
Throughout the session, Dr. Kuvalekar illustrated various real-life scenarios where markets fail due to information gaps between buyers and sellers. He explained how information asymmetry impacts different economic sectors, including insurance, financial markets, and labour contraacts. His engaging teaching style encouraged students to critically analyze the consequences of incomplete information and potential solutions such as signaling and screening mechanisms.
During the session, students engaged in an interactive discussion, asking Dr. Kuvalekar about his Ph.D. journey—why he chose to pursue it, his research focus, and its relevance in today's economic landscape. They also inquired about the current market scenario from an economic perspective and the job opportunities available in the field of economics. Dr. Kuvalekar provided valuable insights into these topics, helping students understand the practical applications of economic theories in shaping careers and policy decisions.
Towards the end of the lecture, Dr. Kuvalekar spoke about his affiliated institution, the University of Essex, and provided insights into studying in the UK. He also addressed students' queries related to higher education opportunities at Essex University. The session concluded with Prof. Soumya Chakraborty presenting a memento to Dr. Kuvalekar on behalf of SAMSOE, NMIMS Mumbai, as a token of appreciation for his valuable contribution.
The session concluded with Prof. Soumya Chakraborty presenting a memento to Dr. Kuvalekar on behalf of SAMSOE, NMIMS Mumbai, as a token of appreciation for his valuable contribution.
Guest Talk : Open Space: UG Lecture Series "Communicating Climate Change – Beyond the Science"
Guest Lecturer: Dr. Aaron Potito, Senior Lecturer , Geography Department, Director of Internationalisation, College of Arts, Social Sciences, and Celtic Studies at University of Galway.
Date: Tuesday, 28th January 2025
Program: F.Y, S.Y and T.Y of B.A.(Hons.) Liberal Arts
Duration: 1 hour
Mode: In-person
Number of Students: Approximately 32 above
Venue: CR 306, Main Building
Summary:
Dr. Aaron Potito, a faculty member in Geography at the University of Galway, Ireland, delivered a lecture titled "Communicating Climate Change – Beyond the Science" at SVKM’s NMIMS Jyoti Dalal School of Liberal Arts (JDSoLA), Mumbai, on January 28, 2025, as part of the Open Space: UG Lecture Series. The session was moderated by Prof. Gourab Ghosh, faculty of Literature and Cultural Studies at JDSoLA.
Dr. Potito’s lecture offered fresh and impactful insights into tackling climate challenges and their long-term effects on our planet. Drawing from his expertise in paleo-climate studies, he illustrated how understanding Earth's climatic history can inspire innovative solutions to contemporary environmental issues. He emphasized practical strategies for raising awareness and driving action, urging attendees to move beyond conventional narratives on global warming. As the Director of Internationalisation at the University of Galway, Dr. Potito brought a global and interdisciplinary perspective, weaving together insights from the arts, social sciences, and climate science. His pragmatic yet profound approach resonated with students and faculty alike, encouraging critical and creative thinking about their role in addressing climate change.
The well-attended lecture sparked meaningful discussions, with students posing insightful questions on contemporary climate issues, the responsibilities of world leaders, climate-induced displacement, and the role of art and theatre in ecological discourse, environmental history, and planetary economics. The engaging session reinforced the importance of interdisciplinary collaboration and collective responsibility in addressing environmental challenges.
Student Attendees (32 students; 1 faculty; 1 from outside NMIMS)
F.Y. B.A.(Hons.) Liberal Arts : Adithya S, Niharika D, Saamya S, Anam Khan, Niyati
S.Y. B.A.(Hons.) Liberal Arts : Dhriti S, Amoli, Mehek T, Muskan, Pooja G, Lyn, Keiya S, Harsh Joshi, Siya P, Arya R, Nidhi, Laavanya, Arhan
T.Y. B.A.(Hons.) Liberal Arts : Harsh Jain, Laavya R, Mohanish, Aditi C, Srishti K, Daakshi B, Devshri, Aditi M, Kritika, Abhishek, Devesh, Anika, Aarushi A, Kreesha
