The Chamber Academy of the Ceylon Chamber of Commerce together with ETIS Lanka recently concluded a short course on business economics.
The three-session course equipped participants with an alternative, real-world, economics training than that provided by most universities. This was done in the context of a demystification of the economics taught in higher education, and unpacking what are perceived to be problems with the standard economics texts used in the teaching of economics courses from secondary school onwards. The aim of the exercise was to showcase the way in which the alternative approach can provide a more plausible and informed explanation of current trends in economic phenomena than what is taught in the universities.
This course attracted heads of strategy, investors managing personal portfolios, and those belonging to the C-suite level who are aware of the importance of an understanding of real-world economic trends and developments for their decision-making.
The training was carried out by Dr. Howard Nicholas, a Sri Lankan-born economist with extensive teaching experience in the area of business economics and financial markets. Dr. Nichalos, having taught these subjects at business schools in a number of countries, including China, Vietnam, and Sri Lanka, is regularly invited to give lectures on the global economy.