Tag: microeconomics

Two States stealing ideas from my life

Don’t ask my why I’m reading a Chetan Bhagat book. Anyway a while back I was reading the first few pages of “Two States” when I started screaming and my eyes nearly popped out. Here in these pages was an incident that was straight out of my life at IIMB (the book is set in IIMA, btw). The first thing I did, after I screamed of course, was to check the date of publication. 2009. 5 years after that incident had taken place in my life. There is a small chance it might have actually been based on me.

So in the book, the microeconomics professor is explaining utility functions and indifference curves. And he calls upon an economics graduate from Delhi University to explain the concept to the class. The student tries to give a qualitative explanation but no one understands. That is where the similarity ends. In the book, the professor ends up writing some greek alphabets on the board while the student (female) bursts into tears at the end of the class, humiliated. And the hero goes on to console her and all such.

So as I mentioned, this event closely mirrors something that happened to me. First term of B-school, check. Microeconomics, check. Indifference curves, check. Economics grad from DU asked to explain, check. Student giving qualitative explanation, check. Class not understanding head or tail of it, check.

In our class, though, something different happened. The hero had no intentions of waiting till the end of the class and consoling the DU Eco-grad (in this case, male). Up pops his arm, and he screams  “saar, saar, saar”. When the saar doesn’t respond he shouts “saar I can explain this in English”. The DU Eco-grad is at the blackboard repeating his line, which he had probably mugged up, which enabled him to top university.

Saar finally gives hero a chance to go to the blackboard. Hero puts on collar mic. Looks at the curves on the blackboard and carefully marks off points, which he decides to professorially name as A, A’ (pronounced A prime) and A” (A double prime). Class starts giving up. Hero adds more points. B and B prime. Class gives up further. Then A and A’ move to B and B’. Something probably makes sense. Soon the proof is obvious to most of the class (mostly engineers). Hero hasn’t completed the proof yet when he hears a loud thumping of desks. Math wins. It is unknown if the DU Eco-grad cried at the end of class.

My apologies if I’ve told this story earlier on this blog, but I’m not one to let go of a bragging opportunity. And I still think it was that incident in my class, Section C of IIMB, on the twenty second of July 2004 that inspired the similar scene in Bhagat’s book. No, that’s not the part I’m bragging about.

Twisted Shout

Apart from being the second birthday of this blog, today also happens to be the sixth anniversary of a sinister incident. The downside of the incident was that my spectacles were smashed, and pieces of it were found all over my eye. Even now, it hurts when I get tears ,in my left eye and I was really sceptical because of this when I was getting my contact lenses.

Amit Gandhi and I were playing badminton against Ezzy and Gotur (who had been the Bangalore University Badminton champions). Ezzy floated the shuttle high. Gandhi and I both went for it, me a couple of paces behind him. As he drew his racket back, it struck me flush in the face and my spectacles got shattered into my eye.

The upside of the incident is that it gave rise to Twisted Shout, the IIMB newsletter (yeah I think we are entitled to call it that; it was indeed a newsletter). Sadly, most of the material that went up on it was unpublished outside of the IIMB notice boards. The first ever edition, however, which was based on the incident I’ve described above is luckily online. Go read it. Having just produced that horrible novel called “I’ve read that somewhere” Kodhi was desperate to make amends and produced this masterpiece.

Politicians of Sec C cut across the party lines and outdid themselves in condemning the incident. From Dalal Street, Kapil wept, “They have taken out my right hand man. The people from Sec A (or was it B) should maintain some amount of decorum while trying to become DML1.” People nodded in agreement. The author decided to investigate the veracity of the first statement and found that it was indeed true. SK was the right hand man of Kapil .At least he sat to his right. The other leading luminary Push-Kar was more vocal in his protests. He decided to use Michael Moore’s quote and said, ” Aren’t you, at least feeling ashamed? Does your face ever turn red?” hard hitting words these.

Thursday, 22nd July 2004. The morning had also been eventful thanks to microeconomics class. Feeling too lazy to explain a certain concept, the prof asked someone in the class who knew the concept (I’ve forgotten what the concept is) to explain. Don, who had a bachelors in economics stepped up and made an attempt to explain it. He muttered a sentence as if he were chanting a mantra. It passed over most of our heads. Someone asked for a clarification. Don just repeated the sentence. Yet another question. Don repeats the sentence with different emphasis this time. Maybe a mantra in a different raaga. It had no effect. No one knew its meaning (apart from a handful of other Economics bachelors who had learnt the same mantra).

I grew impatient. When the prof didn’t notice my raised hand, I shouted “saar I can explain this in English”. Having no choice, he beckoned me to the blackboard. I remember the shirt I was wearing that day (it was grey), since I clearly remember placing the amplifier of the collar mike in my right breast pocket, and I have only two shirts which have two breast pockets.

I don’t remember much of what I explained also. All I remember is drawing some curves and some tangents and marking points as A, A’ and A” (I remember saying “prime” rather than “dash” for that extra pseudness). All I remember is making some sort of hand-wavng argument (yeah I did wave my hands). All I remember is loud thumping of desks as the mostly engineer class had understood my proof. All I remember is one of the other economics bachelors (not Don) cribbing later that what I said was crap and only the mantra made sense.

Kodhi says that the bad Karma I accrued by way of acting arrogant that morning led to instant punishment that afternoon, when I injured my eye.