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Catastrophe theory (CT) emerged out of problems in pure mathematics. The insights and language of differential topology, from which CT sprang, are foreign to most economists. The purpose of this paper is to explain how to use Abstract CT in economic modelling. To this end, we spell out a step-by-step procedure that can be understood without a knowledge of differential topology. The corollary advantage of our systematic procedure is that it brings into sharp focus the limited relevance of CT for economic modelling. The paper is developed in four stages. The first stage provides a gentle introduction to the key mathematical concepts for readers new to CT. The second stage consists of a brief description of the structure of economic modelling. In the third stage, a procedure about how to use CT in economic modelling is spelled out. The last stage summarises the main ideas of CT and points out the snags that a modeller will inevitably encounter when applying CT to economics. ....
New Delhi [India], November 14 (ANI/PNN): Vastu Consultant Abhishek Bansall, the founder of Panch Vastu India, one of the most skilled and experienced Vastu consultant to Bollywood celebrities, Business Enterprises, Politicians, Ministers and bureaucrats received the precious International Excellence Awards India 2022 for the best Vastu consultant in India. The award was conferred to the founder of Panch Vastu, Abhishek Bansall, by the famous Bollywood actor and a helping hand of millions during the pandemic - Sonu Sood. The award ceremony was held in Delhi, India. The grand award ceremony began with a series of events to welcome the guests and Sonu Sood. IEA Awards were created in 2020 to honour and recognize prominent organisations and personalities for their meritorious achievements and contribution towards social, economic and corporate fields globally. It is one of the most significant initiatives in the International Arena to search for and recognize future leaders globally acros ....