A seminar on "Economic Indicators and Its Impact on Development: A Perspective on Foreign Currency Reserve" was organized by School of Business, Uttara University on Thursday, 14 May 2015 at 5:00pm in the SoB Auditorium of NZ Building. The seminar was conducted by Gazi Mahabubul Alam, Ph.D, Professor of Public Policy and Economics, Unit of the Academic Performance Enhancement, Office of the Vice Chancellor, University of Malaya as Resource Person. Professor Dr. Nazrul Islam, Dean, School of Business of Uttara University Chaired the seminar. Kazi Tareq Ullah, Chairman, Department of Business Administration was also present. Mr. Mahabubul in his speech emphasized that economic indicators should not be the only measure of development rather Standard of living should be considered. He also emphasized on utility for measuring standard of living. A number of senior faculty members of the school attended the Seminar.