3 Questions: Applying lessons in data, economics, and policy design to the real world

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Gevorg Minasyan MAP ’23 draws on experiences in MIT’s Data, Economics, and Design of Policy MicroMasters and master’s programs to shape policymaking at the Central Bank of Armenia.

Gevorg Minasyan, a young and ambitious economist from Armenia, has combined his passion for policymaking with his thirst for knowledge by pursuing two prestigious programs at the Massachusetts Institute of Technology (MIT). As a result, he has become one of the driving forces behind the development and implementation of effective policies at the Central Bank of Armenia.

Gevorg’s journey in the world of economics began in his home country, where he completed his undergraduate studies in economics. However, he felt the need to enhance his understanding of policy design and data analysis, especially in the context of a developing economy like Armenia. That’s when he stumbled upon MIT’s Data, Economics, and Design of Policy MicroMasters program.

The rigorous curriculum of the program, coupled with the opportunity to learn from some of the best minds in the field, was exactly what Gevorg was looking for. During his time in the program, he gained a deep understanding of the relationship between data, economics, and policymaking. He was able to analyze complex data sets to identify key trends and patterns, and use this information to design and evaluate policies that would have a positive impact on the economy.

Gevorg was also fascinated by the innovative and multidisciplinary approach of the program, which incorporated elements of design thinking into policy design. He learned how to think outside the box and come up with creative solutions to real-world problems. This skill has proven to be invaluable in his current role at the Central Bank of Armenia.

After completing the MicroMasters program, Gevorg was eager to further his knowledge and skills in the field of economics. He joined MIT’s master’s program in Economics, where he delved deeper into the theories and principles of economics. He also had the opportunity to work on research projects with renowned economists, which further honed his analytical and critical thinking abilities.

The combination of the MicroMasters program and the master’s program in Economics not only expanded Gevorg’s knowledge base but also equipped him with the practical skills and experience required to tackle real-world challenges. This was evident when he returned to Armenia and joined the Central Bank as an economist.

Gevorg’s time at MIT had a profound impact on him and the way he approached policymaking. He brought back with him a fresh perspective and a new set of tools that he had acquired during his studies. He found himself applying the concepts and techniques he learned at MIT to solve complex problems at the Central Bank.

One of the major contributions of Gevorg to the Central Bank has been his role in the digitization of the country’s banking system. Drawing on his experience in data analysis and design thinking, he spearheaded the development of a digital platform for payments and transactions. This initiative has not only made banking easier and more convenient for the citizens of Armenia but has also boosted the country’s economy.

Gevorg’s expertise in macroeconomic policy design has also been invaluable to the Central Bank. He has been involved in the formulation of policies to promote economic growth, reduce unemployment, and stabilize prices. His data-driven approach and ability to think creatively have helped the Central Bank in achieving its goal of maintaining a stable and strong economy.

It is evident that Gevorg’s experiences at MIT have played a pivotal role in shaping his approach to policymaking. He has been able to apply his knowledge and skills in a practical setting, making a significant impact on the economic landscape of Armenia. His dedication and passion for his work have not gone unnoticed. He has received accolades from his colleagues and has been recognized by various international organizations for his contributions to the field of economics.

Gevorg is a shining example of how an individual’s determination and the right education can make a difference in the world. His journey from Armenia to MIT and back has not only benefitted himself but has also had a positive impact on his country. He continues to inspire others with his story and serves as a role model for young economists, both in Armenia and around the world.

In conclusion, Gevorg Minasyan’s experience at MIT has been nothing short of transformational. His dedication to learning and his passion for policymaking have led him to achieve great heights in his career. He is a young and dynamic leader, who is using his knowledge and skills

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