IEBFS-26
Business, Economics & Management (General) Development Economics Economic History Economic Policy Economics
Topics of Interest for Submission include, but are Not Limited to:
Economics is the social science that analyzes the production, distribution, and consumption of goods and services.
Microeconomics: Focuses on the behavior and decisions of individual consumers, workers, households, and firms.
Subtopics: Supply and Demand, Market Structures (Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition), Consumer Behavior/Utility Theory, Production/Cost Theory, Price Elasticity, Game Theory.
Macroeconomics: Focuses on the performance, structure, and behavior of the entire economy (national, regional, or global).
Subtopics: Economic Growth (GDP), Inflation and Deflation (CPI, PPI), Unemployment, Business Cycles, Aggregate Demand and Aggregate Supply, Fiscal Policy (Government spending, Taxation), Monetary Policy (Interest Rates, Money Supply, Central Banking).
Econometrics: The application of statistical methods to economic data to test theories or estimate relationships.
Subtopics: Regression Analysis, Time-Series Analysis, Forecasting.
International Economics: Studies the economic interactions between countries.
Subtopics: International Trade (Comparative Advantage, Tariffs, Trade Agreements), International Finance (Exchange Rates, Balance of Payments, Capital Flows).
Development Economics: Focuses on the economic growth of developing countries.
Subtopics: Poverty and Inequality, Foreign Aid, Human Capital (Health/Education), Institutions and Governance.
Labor Economics: Studies the dynamics of the labor market.
Subtopics: Wages and Compensation, Employment and Unemployment, Human Capital, Labor Unions, Minimum Wage.
Financial Economics: The study of the interrelation of financial variables, such as prices, interest rates, and shares. (See also Section 3).
Public Economics/Finance: Examines the role of government in the economy.
Subtopics: Taxation (Tax Policy), Public Goods, Externalities and Market Failure, Welfare Economics, Government Budgeting.
Behavioral Economics: Integrates insights from psychology to explain economic decision-making.
Subtopics: Cognitive Biases (e.g., Loss Aversion, Confirmation Bias), Prospect Theory, Nudge Theory.
Other Sub-Fields: Health Economics, Environmental Economics, Agricultural Economics, Urban Economics, Economic History.
Business encompasses the activities of commercial, industrial, or professional enterprises to produce and sell goods/services for profit.
Strategic Management: Defining the organization's long-term vision, goals, and strategies.
Subtopics: SWOT Analysis, Competitive Advantage, Corporate Strategy, Business Unit Strategy, Strategic Planning.
Operations Management: Managing the process of transforming inputs into outputs efficiently.
Subtopics: Production Planning, Inventory Management, Quality Control, Supply Chain Management (Logistics), Process Optimization.
Human Resource Management (HRM): Managing the people within an organization.
Subtopics: Recruitment and Selection, Training and Development, Compensation and Benefits, Performance Management, Labor Relations, Organizational Behavior.
Marketing Management: Creating, communicating, delivering, and exchanging offerings that have value for customers.
Subtopics: Market Research, 4 Ps (Product, Price, Place, Promotion), Market Segmentation/Targeting, Branding, Digital Marketing.
Accounting: Measuring, processing, and communicating financial information.
Subtopics: Financial Accounting (GAAP/IFRS, Financial Statements: Income Statement, Balance Sheet, Cash Flow), Managerial/Cost Accounting, Auditing, Taxation.
Entrepreneurship: The process of designing, launching, and running a new business.
Subtopics: Business Plan Development, Startup Funding (Venture Capital, Angel Investors), Innovation, Risk-Taking.
Business Law and Ethics: The legal framework and moral principles governing commercial activity.
Subtopics: Contract Law, Intellectual Property (Patents, Trademarks), Corporate Governance, Corporate Social Responsibility (CSR).
Management Information Systems (MIS): The application of information technology to support business operations and decision-making.
Finance deals with the allocation of resources, especially money and assets, over time under conditions of certainty and uncertainty.
Focuses on the financial decisions made by businesses.
Subtopics: Capital Budgeting (Investment Decisions, NPV, IRR), Capital Structure (Debt vs. Equity, Optimal Mix), Working Capital Management (Inventory, Receivables), Dividend Policy, Mergers and Acquisitions (M&A).
Focuses on buying and selling assets, and the institutions where they are traded.
Subtopics: Asset Valuation (Stocks, Bonds, Real Estate), Portfolio Theory (Diversification, Risk and Return), Risk Management (Hedge, Insurance), Derivatives (Options, Futures, Swaps), Market Efficiency (Efficient Market Hypothesis - EMH), Financial Institutions (Investment Banks, Hedge Funds).
Public Finance: (Covered in Economics - Section 1.B).
Personal Finance: Managing an individual's financial resources.
Subtopics: Budgeting, Savings, Insurance (Life, Health, Property), Retirement Planning (401k, Pension), Debt Management, Tax Planning.
Time Value of Money (TVM): The concept that money available at the present time is worth more than the identical sum in the future.
Risk and Return: The trade-off between the uncertainty of an investment and its potential profit.
FinTech: The application of technology to financial services.
Subtopics: Blockchain, Cryptocurrencies, Peer-to-Peer Lending, Digital Payments.