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The Department of Economics at Hindu College, Delhi University, conducted its annual fest, L’Economiste, on February 23, 2024. The fest included a speaker session by Mr. Vinod Rai and three competitions, namely, Potentate, Ranjan Roy Memorial Debate, and Hindu Stock Exchange.

L’Economiste 2024, the annual fest of the Department of Economics at Hindu College, was held on February 23, 2024, where economic insights, ideas, and solutions interacted with each other. The inauguration ceremony began with a melodious performance by Alankar, the Indian Music Society of Hindu College. The fest included an engaging and insightful speaker session by Mr. Vinod Rai, the 11th Comptroller and Auditor General of India, at 10:30 a.m. His brilliant sense of humour and intellect shone through his thought-provoking discussions on social auditing, electoral bonds, the vast field of economics, and his personal experiences as he reminisced about his time at Hindu College as a student.

 What are certain things in a person’s life? One is that they say death; everybody is going to die. The other is, what? I refer to it as paying tax. That’s also going to happen to you. The third is the day you were born.

 –  Remarked Mr. Vinod Rai.

A variety of competitions with exciting cash prizes were organised as a part of L’Economiste 2024. The Ranjan Roy Memorial Debate Competition, with debates centred around economic motions and a legacy of 10 years, was a test of both oratory skills and social science knowledge. “Panel, try to understand!” from St. Stephen’s College bagged the first position, with team “Mavericks” from Atma Ram Sanatan Dharma College being the first runner-up.

‘Potenate’, structured around World Economy and Politics, the second competition in this event, was a perfect amalgamation of auctions, negotiations, crises, and policy formulation. With deeply engaging and highly energetic bidding rounds, this competition offered the participants a policy discourse simulation. Team “Aces” from Hansraj College bagged the first prize, with team “Syndicates” from Ram Lal Anand College and team “Chocolate Cake” from SRCC bagging the first runner-up and second runner-up positions, respectively.

Lastly, the Hindu Stock Exchange offered participants, or rather traders, an opportunity to transport back to the 1990s stock market and indulge in a battle to get themselves declared as the best portfolio managers, cruising through one of the toughest stock market simulations.

“Utkarshharc” from Hansraj College bagged the first position, followed by “CB-sites” from Shaheed Sukhdev College of Business Studies and Tamanna Goel and Ujjwal Mittal from Kirori Mal College, begging for the first runner-up and second runner-up positions, respectively.

Rounding up, the flagship event provided in-depth financial global insights for ‘econ-enthusiasts’ and otherwise!

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Featured Image Credits: Himanshu Kumar for DU Beat

Gauri Garg

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