The Crucial Role of Economics for Business Administration Students and Educators

Wednesday, October 15 2025

“Economics is not just an academic discipline — it is the foundation of all strategic decision-making.”
During his Special Address at GLA University, Mathura, Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings, emphasized the indispensable role of Economics in shaping the minds of Business Administration students and educators. Drawing from the wisdom of thinkers like Aristotle, Plato, Sun Tzu, Karl Marx, and Noam Chomsky, he highlighted how economic reasoning underpins every aspect of business — from resource allocation and optimization to innovation, globalization, and sustainability. The session received an enthusiastic response from students and faculty, reaffirming the importance of integrating Economics into management education.

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