Dolly Jamwal is an expert in Sustainable Development, Behavioral Economics, Practical Consciousness in Education, and Mental Health Policy. Her research includes notable publications such as Socio-Economic and Psychological Well-Being: An Analytical Study for Sustainable Policy-Making, published in the International Journal of Sustainable Development and Planning, which presents a multidisciplinary model for sustainable policymaking. She also co-authored Level of Awareness on the Sustainable Development Goals among Indian Youth: Empirical Evidence from Northern India, published in Edelweiss Applied Science and Technology, which evaluates SDG awareness among university students, revealing gaps and gender-based differences in understanding the goals.
Field of Expertise: Sustainable Development, Behavioral Economics, Practical Consciousness in Education, Mental Health Policy
Emotional Economics: How Invisible Thought Structures Shape Economic Demands and Societal Futures
Abstract:Economic demands are often perceived through the prism of rationality and utility, typically depicted as simple choices driven by pragmatic considerations. Yet, beneath these apparent transactions lie intricate, deeply embedded emotional needs that profoundly shape our economic behaviors. This keynote presentation seeks to challenge conventional viewpoints in the realm of economics by demonstrating that, at their core, economic actions are manifestations of emotional necessities. Extracting upon the insights from psychology, sociology, and behavioral economics, the paper explores ideas often overlooked social-psychological frameworks that influence our economic decisions. These frameworks generate ripple effects that reverberate throughout the sociocultural and psychological fabric of societies, affecting generations. Unmet emotional needs, such as the quest for security, the longing for belonging, and the aspiration for self-actualization, propel a diverse array of economic behaviors, impacting everything from consumer practices to individual financial decisions and broader macroeconomic trends. When economic systems neglect these emotional dimensions, they risk fostering environments fraught with instability, inequality, and social discord. However, by recognizing and comprehending this vital relationship, we can re-envision economic systems that not only address these emotional undercurrents but also actively nurture healing and well-being within communities. Such an approach can cultivate sustainable and resilient economies, thereby enhancing the quality of life for all. This session aspires to transform our understanding of economic demand, urging policymakers, businesses, and individuals to integrate emotional intelligence into the very core of economic models. In doing so, we can promote a more conscious, interconnected, and sustainable future that acknowledges the emotional landscapes influencing our economic realities.