Decision Making as Output and Bounded Rationality

  The classical economics theories proceed on the assumption of rational agents. Rationality implies the economic agents undertake actions or exercise choices based on the cost-benefit analysis they undertake. The assumption further posits that there exists no information asymmetry and thus the agent is aware of all the costs and benefits associated with the choice he or she has exercised. The behavioral school contested the decision stating the decisions in practice are often irrational. Implied there is a continuous departure from rationality. Rationality in the views of the behavioral school is more an exception to the norm rather a rule. The past posts have discussed the limitations of this view by the behavioral school. Economics has often posited rationality in the context in which the choices are exercised rather than theoretical abstract view of rational action. Rational action in theory seems to be grounded in zero restraint situation yet in practice, there are numerous restra

CBSE Exams, Chinese Pandemic and Indian Education

 

The second wave of the pandemic induced by the Chinese virus seem to be abating in the country, yet the toll it has taken seems to be manifesting in multiple ways. It is not just the people who have died but the livelihoods it has destroyed might take years to recover. The livelihoods destroyed are both on account of death of family members, breadwinners, kids losing either one or both parents, the loss of jobs induced by the lockdowns, the drop in demand for many goods impacting the production of the goods among many other things. Many skilled and unskilled workers are left hunting for jobs with little sight to their end in misery. Away from this the children have lost their childhood. Kept confined to their homes, they might grow very different in social experiences away from the elders. They are not able to enjoy the natural role of playing and meeting with friends. Furthermore, their education has been disrupted. The schools are closed and thus the learning is almost nil. There are online classes but these are poor substitute for natural learning that has to happen to young kids. With examinations cancelled, there is little oversight on their learning in the past year or so. The long term spill overs of these are not manifest yet.

 

It might be long before one looks into these dimensions and its impact on shaping the career of these kids. In fact, even at undergraduate level, the open book exams or online exams are not the best way to judge things. They might be a poor substitute for effective learning. Moreover, the teachers themselves are unprepared for transformation to online classes. The teachers are adopting makeshift methods which are transient and beyond a point, these methods will begin to earn diminishing returns. In this context, the decision not to conduct the Class XII exams for CBSE has to be examined. The decision will have its spillovers given that all states inevitably will cancel their Class XII and Class X exams. In the last academic year, many states did conduct these exams. In fact, the CBSE had to cancel not because it was unwilling the states were not ready to conduct them especially Tamil Nadu and Maharashtra among others. This year, it is the decision of the government perhaps bowing to the pressures from parents, administrators, political parties getting over them. The decision perhaps was inevitable. The government had little option but to cancel the exam. There are of course some political grandstanding going on in terms of taking credit. At some ways it might be viewed as PM Modi trying to regain some lost ground and thus maintain his appeal among the classes which have voted for him. However, there needs to be long term assessment of these issues of cancellation of exams.

 

The decision has obviously pleased the students and the parents alike. It is no wonder they seem to be in joyous mood as the Prime Minister met them in a surprise virtual meet. Yet, while in the innocent years, they might pleasures in these, the long term impact might be high. It would be about the entry into the professional courses like engineering or medicine or allied courses. It might be about admissions into the foundation levels of professional courses like chartered accountancy among others. These course would require an entrance examination without which the entry might not be possible. In many instances, the marks obtained at the Class XII is given a certain weightage. In the new context, the weightages might have to be redrawn completely. There would be a need to basically build the admission process purely on the entrance exam basis. The NEET was conducted successfully last year. This year, too there would be a need to have these entrance exams at some point of time. In the previous year, the classes had happened through the year and it was only the exams that had been affected. In fact, in many ways, the learning was not affected, only the evaluation did. This year, the learning itself has been affected. The classes have not happened and by and large have been online. This has impacted the learning outcomes. It is not about merely the exams but the learning that leads to these exams.

 

When the learning is disrupted, it has serious issues to students at all levels in making up at higher levels. For instance even in the lower classes, the longer the duration the classes remain online or closed, the more difficult it would become for the students to cope with the increasing demands of higher classes. It is not very easy to concentrate for long hours in online classes nor would it be easy for teachers to design assignments or home work that would be appealing to students. As noted above, the methods which teachers are adopting are makeshift for the immediate needs rather than a long term design to switch to online education. The learning curve is very steep and needs investment of different magnitude not in terms of money or technology but in the changed mindset of the teachers delivering those courses. If the students do not grasp the learnings, it would be difficult for catching up. Teachers losing their track would hamper their effectiveness in the medium to the long run. Therefore, there needs to be a solution to this quagmire.

 

The only solution at the moment would be the mass vaccination of students. This had been suggested by quite a few this year too but the lack of vaccines might have hampered the attempt. There needs to be prioritization of vaccinating the younger kids below eighteen years of age. If possible, there must be an attempt to vaccinate those sitting entrance examinations like NEET and similar other undergraduate and postgraduate entrance exams. This would help in curbing the incidence of cases. The only protection at the moment is the vaccination. The government cannot afford to halt the student careers. In absence of vaccines, there is no point in opening the campuses. The only resort is the mass vaccination. The CBSE decision is a temporary stop gap one time and should not be a precedent.

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