|
Answer» Internet is a platform that works on digital technology. The use of the internet in economics can be summarized in the following chart. | Purpose of work | The way in which the internet can help | | (1) Tutorials | Some educational websites put Powerpoint presentations and study material along with work sheets on the open access i.e. freely available for all link. We can watch and use such presentation as tutorials i.e. for our study purpose. We can get tutorials related to use of statistical software, use of formulae, explanation of economic theories, etc. | | (2) Active Learning | Some videos of lectures by experts are put on open access sites by some educational institutions. Some institutions also create live lectures available to students. We can enroll on these sites and we can listen to a lecture on the net like we do in our class room. | | (3) Reading material | Numerous books are available online for reading that too free of cost. These materials are called e-books, e-journals, etc. Various research articles, copies of journals, etc. are also available for reading. We can also access some articles, books and journals by paying some annual fees on those websites. | | (4) Information | By merely searching, we can get information on universities offering degrees in economics, or any other information about any subject. | | (5) Miscellaneous | We can get quotes of economists, names of reference books, etc. on internet by using the search engine. | | (6) Data | Economics uses a lot of secondary data. For instance, we use data on budget of a government, on banking, on agricultural production, on value of exports and imports, on poverty, on employment, on industrial production, etc. These data can be accessed from authentic websites. For example, authentic site for data and banking in India is the official website of Reserve Bank of India, for exports and imports is the website of Ministry of Commerce and Industries of Government of India. Budget related information from Ministry of Finance, Government of India and so on. Some organizations and’ agencies functioning at national and international levels also collect publish as well as put data on websites. For example, CSO NSSO, WHO, UNO, CMIE, ILO, IME, World Bank and so on. |
|
