Teaching Economics

Bina Jha | Post Graduate Teacher | Kothari International School

What is Teaching Economics?

A Career in Teaching Economics is very interesting. Understanding Why one wants to choose a Career in Teaching Economics is phenomenally more important than figuring out How to get into Teaching Economics. It is best to learn about Teaching Economics from a real professional, this is akin to getting it from the horse's mouth.

Post Graduate Teacher Bina Jha is an experienced professional with 8 years in Teaching Economics. Post Graduate Teacher Bina Jha defines Teaching Economics as:

Teaching Economics focuses on teaching students about the economy and different policies that keep changing, making them financially aware. There are various strategies used to teach Economics be it in school, organization and as a tutor for personal and group coachings.

How Post Graduate Teacher Bina Jha got into Teaching Economics?

After completing my Schooling from Assembly of Gods Church, Kolkata, I did my Graduation in Economics, Political Science and History from Rani Birla Girls College, Kolkata. After that I did my Masters in Economics from BK Ambedkar University. I also did my B Ed from Kurukshetra University. I have taught in DAV, and currently I teach Economics at Kothari International School.

Post Graduate Teacher Bina Jha's Talk on Teaching Economics

The Journey of a Economics Teacher: Veena Jha's Insight into Shaping Young Minds In the dynamic world of education, teaching economics stands out as a critical profession, shaping the financial literacy and analytical capabilities of future generations. Veena Jha, an economics teacher at Kothari International School, passionately discusses her journey through academia and her role in preparing young minds to navigate the complexities of economic theories and current global issues. This article delves into her experiences, the essentials of teaching economics, and the rewards and challenges associated with this vital profession. What Is Teaching Economics? Teaching economics is a profound responsibility that extends beyond mere academic instruction. It involves nurturing students’ awareness of economic principles, current events, and their implications on personal and national levels. At the school level, this includes engaging students with the principles outlined by economic theorists, such as Marshall and Adam Smith, and helping them connect these theories to real-world situations like government policies and market dynamics. Economics education not only arms students with knowledge about wealth creation and financial management but also empowers them to participate thoughtfully in discussions around economic policies and societal changes. Education Basic Knowledge of Economics A foundational understanding of economics is essential for teaching the subject effectively. This includes grasping concepts such as resource allocation, the balance of unlimited wants against scarce resources, and the basic economic principles that govern societal functions. Veena emphasizes that teachers should ensure students are not just passive recipients of information but engaged learners who critically evaluate how economic principles apply to their lives and decisions. Current Affairs Being well-versed in current affairs is crucial for an economics teacher, as it allows them to contextualize lessons within the framework of real-world situations. Veena explains that aligning classroom discussions with the latest developments—like demonetization or changes in interest rates—enables students to critically assess the actions taken by governments and institutions. This relevance helps students understand the impact of economics on their day-to-day lives and encourages them to remain informed citizens. Functioning of RBI and Government Understanding the relationship between the Reserve Bank of India (RBI) and government policies is another critical educational component. Veena describes how an in-depth knowledge of this interplay helps students comprehend monetary and fiscal policies, shaping their perspectives on economic issues. For students, recognizing the intricacies of this relationship equips them with tools to make informed financial decisions and investments. World Economics Veena advocates for the inclusion of global economic scenarios in the curriculum, stressing the importance of comprehending international dynamics. This knowledge allows students to analyze policies like Brexit and their implications for India, fostering an understanding of how interconnected the global economy truly is. Such insights prepare students to think beyond local contexts—they become globally aware citizens. Elementary Statistics A solid grasp of elementary statistics is imperative in economics education as it adds depth to analyses and decision-making processes. Veena asserts that understanding statistical principles helps students make sense of data like inflation rates and economic forecasts. This knowledge enables them to engage with various economic indicators critically, enhancing their overall analytical skills. Knowledge of Economic Theories Mastering various economic theories isn't just beneficial; it’s fundamental. Veena stresses that students should be equipped with theoretical frameworks that inform practical business and economic strategies. Understanding concepts of demand, supply, production costs, and consumer behavior creates a robust analytical foundation for students aspiring to enter the field of economics or entrepreneurial ventures. Skills Analytical Ability An essential skill for teaching economics is a strong analytical ability, enabling educators to elucidate complex cause-and-effect relationships within economic systems. Veena emphasizes that this skill not only benefits teaching but also inspires students to critically analyze market behaviors and economic conditions, fostering an environment of inquiry and exploration. Speaking Skills Effective communication is vital in pedagogy, particularly in subjects as intricate as economics. Veena highlights the importance of speaking skills in delivering material in an engaging and understandable manner. By honing these skills, teachers can better connect with their students, ensuring that complex concepts are broken down into relatable and digestible parts. Persuasion Persuasion plays a significant role in teaching economics, as educators must motivate students to appreciate the subject’s relevance in their lives. Veena notes that a teacher’s persuasive abilities can evoke interest and excitement about economics, transforming what can often seem like a dry topic into an engaging exploration of real-world applications. Writing Skills Concise and clear writing is necessary for effectively conveying information in economics. Veena points out that writing skills enable educators to craft lesson plans, assessments, and instructional materials that are coherent and comprehensible. This clarity is vital in fostering understanding among students. Presentation Skills In today’s digital and visual learning environment, presentation skills are more crucial than ever. Veena explains that whether through e-presentations or traditional formats, having the ability to create visually appealing, well-organized, and informative presentations can significantly enhance student learning experiences. Properly labeled diagrams and graphs assist students in understanding economic models and theories more effectively. Positives Being Financially Aware One of the most significant advantages of teaching economics is the enhanced financial awareness it instills in both teachers and students. Veena highlights that this awareness has a ripple effect, promoting innovation and investment not just at an individual level but also contributing to national economic growth. Students learn the importance of managing their finances prudently, giving them an edge in their personal and professional lives. Understanding Policies Change Through teaching economics, educators like Veena gain insight into how policy changes can influence economies, fostering a positive perception rather than a critical one. Knowing about initiatives such as GST or various government schemes, teachers can guide students to appreciate the intent behind economic policies and their potential benefits. Training the Youth Veena expresses a deep sense of fulfillment in shaping young minds and contributing to their development as informed citizens. By teaching economics, she believes she plays a pivotal role in the formation of human capital, thereby impacting the broader society. This sense of purpose reinforces the commitment to the profession. Continuous Learning Teaching economics is not a static role but a dynamic one that requires continuous learning. Veena notes that staying updated with evolving economic theories and practices ensures that educators can provide relevant and timely information, fostering a culture of life-long learning among students. Gives Students Risk Taking Ability Another positive aspect of teaching economics is its encouragement of risk-taking among students. Veena believes that understanding economic principles empowers students to make calculated risks in their personal and professional endeavors, promoting a mindset of achievement and resilience. Challenges Lack of Logic and Analytical Ability One of the primary challenges faced by economics teachers is the occasional student struggle with logical reasoning and analytical thinking. Veena notes that some students may perceive economic concepts as emotionally driven rather than fact-based. This disconnect can hinder their ability to engage with material meaningfully and analytically. Boring Research In an age where information is readily accessible, research can sometimes be seen as tedious by students. Veena explains that when students are accustomed to instant information, motivating them to delve deeper into research can become a significant hurdle. It often requires extra effort to guide students in identifying valuable sources and encouraging a genuine interest in thorough explorations of economic topics. A Day Of Teaching Economics Veena’s day begins at 8:20 AM at Kothari International School, where she engages with students from varied backgrounds and abilities. Each school day consists of approximately six to six and a half hours spent in classrooms, navigating the rigorous demands of board examination preparation while also fostering an atmosphere of creativity and exploration. Lunchtime offers opportunities for informal engagement with students, where she learns from their perspectives and experiences. This daily exchange of ideas enriches her teaching practice and emphasizes the collaborative nature of education. In closing, teaching economics is a multifaceted role that encompasses imparting knowledge, inspiring students, and engaging in continuous self-improvement. Veena Jha exemplifies the dedication and passion necessary for this vital profession, illustrating how economics education shapes informed and responsible citizens ready to navigate an ever-evolving global landscape. The profound impact that economics education has on both individuals and society makes this career not only rewarding but fundamentally crucial to sustainable economic growth and development.

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How to get into

Teaching Economics?

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Links for this Talk

Post Graduate Teacher Bina Jha's LifePage:

[LifePage]
https://www.lifepage.in/page/binajha

LifePage Career Talk on Teaching Economics

[Career]
https://www.lifepage.in/careers/teaching-economics-1

[Full Talk]
https://lifepage.app.link/20180112-0016

[Trailer]
https://www.youtube.com/watch?v=4lyywmQ45IU

(Teaching Economics, Bina Jha, Kothari International School, Educationist, Teacher, Economics)

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