Chanco economics society in programme to get feedback from industry practitioners

Chancellor College (Chanco) economics society has announced the launch of a programme whose goal is to share economic views from its membership, backed by correct theories, to enable practitioners in the industry make more informed decisions.

Chanco economics society members

Speaking on the sidelines of the program launch, dubbed ‘My Views’,  the society’s patron, Professor Chiwaula, commended the students for the initiative saying it has the full support of the college’s economics department.

According to Chiwaula, the move will be more beneficial than the students can imagine because it will help the students make sense of the knowledge they get from lecture rooms.

Said Chiwaula: “We have and continue to have problems with students who graduate from here with economics degrees, some with very good grades, but when they get into the industry they are put off by what they find on the ground.

“Mostly it is because most of these theories that we teach them are basics, we expect them to further build on these but that does not happen.

“Through this program, we are positive that the students will have a picture of how these theories look like in practice.

“We have arranged that after these theories are read by the practitioners, they will give us their feedback so that we see whether we should modify them to suit our industry,” explained Chiwaula.

Nyasa Times learnt that the programme will fall under the society’s publications department.

The society’s director of publications, Chance Martin, said those that are eligible to contribute are those that are members of the economics society and have studied for several courses from the department of economics.

“It is not everyone that can argue on the subject of economics. And it is not every article that we intend to share to the practitioners. We have decided to receive articles from only those students that have taken and continue to take articles from the department of economics.

“When we have received these articles, economics students in the presence of economics lecturers will come together and assess the economics in them and find out if the articles deserve to be shared,” said Martin.

He added: “It is only those articles that meet these standards that will be ushered out to the practitioners. We are very hopeful that those practicing economics in both the private sector and government will find these articles very helpful. And of course they will also be relevant to all Malawians at large.”

Members of the society have have since welcomed the development describing it as a stitch in time.

Through the program, they hoped to sharpen their analytical skills and broaden their perspective of economic issues.

One of the members, John Peter, said the program will increase their chances of furthering economic studies.

“To obtain a masters degree or a doctorate mostly you need to be able to write convincingly on the subject you are writing about. This program will assist us to practice our writing skills and argumentation and so make it easy for us to further our studies in economics,” said Peter.

The program will be officially launched in September.

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