In addition to the digital option, print versions are for sale, but for less than the price of most economics textbooks. So the cost of producing another copy of CORE is nothing if it is up on the website.”ĬORE has been incorporated into the course materials of schools that include University College London and Sciences Po, in Paris. Once you pay the cost, making additional copies is essentially free. “The cost of producing a book is primarily a fixed cost. “Economic principle justifies this,” Sethi explains. “We wanted the broadest possible access to it, so people who wanted to learn economics didn’t necessarily have to be involved in an academic program,” he says.Īnchoring this humanitarian notion was sound numerical reasoning. (For more about CORE, see our story on the previous page.)įor CORE’s creators, Sethi says, the idea of charging the industry textbook standard, which can be higher than $400, is outrageous. Completed in 2017, it is distributed free online and has earned praise from academics, students, and publications such as The New Yorker, which called it “engrossing.”īarnard’s economics department recently received a $1 million grant to support CORE Academy, an initiative dedicated to the reform of economics education and the enrichment of economics discourse. But his most celebrated accomplishment to date is his participation in the creation of the Curriculum Open-Access Resources in Economics (CORE), a collection of high-quality resources written by 23 economists from across the world. He also researches and develops economic forecasting processes, assessing the likelihood of certain geopolitical events based on predictions about the economy. Today, memories of past discrimination inform his work in microeconomics and game theory, with applications to inequality, crime, communication, and finance. That interest stayed with him when he moved to New York City to attend The New School, where he received his doctorate in 1993. “From that time, I have thought about stereotypes and identity - how people make inferences from physical cues and the beliefs they form from these cues.” “I was suddenly a minority and sometimes not treated well,” he says. Growing up as an immigrant of color in the U.K. At that age, he relocated with his family from India to the United Kingdom. This desire to suss out what motivates humans first arose when Sethi was just 11 years old. But also work essential to Sethi, the chair of the Economics Department. Using them, along with a deep-seated passion born in childhood, he has built a career answering questions about everything from Brexit to police shootings. But for Barnard professor Rajiv Sethi, these are exactly the tools he needs to both explain and predict behavior.
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