Question

Obtain information about the contribution of any Indian economist in Economics and present in the class.

Answer 1

The famous economist who made impact in the world economics is Amartya Sen.

• He was awarded the 1998 Nobel Prize in Economic Sciences for his contributions to welfare economics, social choice theory and for his interest in the problems of society's poorest members.
• He was also awarded the Bharat Ratna in 1999.
• His some of the major studies in the world economic philosophy include Development as Freedom and his book Inequality Examined.
• His activities were to understand the economic gap between the people.
• Sen was best known for his work on the causes of famine, which led to the development of practical solutions for preventing or limiting the effects of real or perceived shortages of food.