|Pallavi Tak Rai||Major/Minor||4||Economics Major/Minor||6|
This course offers a comprehensive survey of world economic history, designed to introduce students to the subject matter and methodology of economic history. Topics are chosen to show a wide variety of historical experience and illuminate the process of industrialization. The course focuses on a set of countries, which followed clearly diverse trajectories and patterns of growth to achieve their industrial transition and compares the outcomes of these diverse trajectories on sectoral change, inter-sectoral relations, labour processes and industrial relations and also compares the role of the state in facilitating the respective trajectories.
- Illustrate, apply compute the development of economics as a discipline in various ancient cultures.
- Demonstrate the development of European economic thought and illustrate the concepts in historical context.
- Demonstrate, apply and relate classical economic theories.
- Use the elements of Neo-Classical and Keynesian approaches in the modern era.
- Interactive class discussions on every concept. Small class size
- Use of articles, news clipping, videos, etc. to further explain concept i.e. a practical understanding regarding the concept.
- Evaluations are conducted throughout the semester to ensure that the students’ learning outcomes are appraised.
Students are expected to –
- Complete all required reading for each scheduled class as per the course outline,
- Actively participate in class activities and discussions, and
- Complete all evaluative processes for successful course completion!