PlayNomics Spreads its Tentacles
Stemming from the LSE motto of “To know the causes of
things”, the objective behind ISBF’s PlayNomics series
of workshops is to take concepts taught as part of the
economics, business studies and finance curricula
across different boards (CBSE, ICSE, IB, IGCSE and
State Boards) into the real world of markets and real-
time decision-making. We consequently return to the
text-book, with a keener insight on the impact of
otherwise ‘dry’ and ‘abstract’ theoretical concepts.
These workshops have a distinct pan India coverage. Till
date, we have conducted more than a hundred
workshops covering premier schools spread across the
length and breadth of the country. The events have been
designed to involve, engage and absorb students at all
stages of the game and examine their ability to think
prudently and come out with the best possible solutions
and emerge as winners. In the process, ISBF has made a
significant impact not only on the student community,
but also on the school’s faculty members present in the
workshops, and these institutions have expressed their
willingness to associate with ISBF and work in
conjunction on academic and pedagogical value
additions in the forthcoming future.
Prof. Michael Cox talks about
enduring UK-India partnerships in
education in spite of BREXIT.
Prof Michael Cox, Emeritus Professor International
Relations at The London School of Economics and Political
Science and Director, LSE IDEAS, visited ISBF earlier this
year. Prof. Cox enthralled students and faculty members
alike with his session on the very relevant subject of "Brexit
and The Trump Presidency - likely impacts on
international relations and trade".
During this talk, he discussed the impact of not only the
Trump presidency but also that of Brexit on the India-UK
education horizon. Prof. Cox indicated that it is not quite
clear whether Britain's decision to move out of the
European Union would translate into a soft or hard Brexit.
As a consequence - the strategy would be to strengthen
trade and economic relationships with the USA and
Europe, though the extent of success with the USA seems
uncertain under the regime of President Donald Trump.
Britain's policy makers have emphasized on the imperative
to forge strategic alliances and business ties with new big
emerging markets and India is one of the most promising
countries. Prof. Cox strongly perceived that there is an
opportunity on the economic, diplomatic and educational
fronts. Britain already has strong ties with India and this
development has laid the foundations of a more positive
and promising future. There are strong upsides and the
silver lining is that India and Britain would continue to
foster strong relationships at least on the education front.
This discussion session seemed to vindicate our own view
that the pace of globalization would gradually pick up and
emerging markets would continue to be the most
preferred destinations for overseas investors located in
developed nations. The decision making process related
to globalization would follow the path of "explore-select-
invest-augment-sustain", though in a smarter way with a
more cautious and regulated approach than before.
Following his address, Prof. Cox participated in a brief
question-answer session with Utsav Jain, Associate
President of the ISBF Student Council.