Symbiosis International University Symbiosis School for Liberal Arts

Economic History and Thought

Faculty Course Type Credits Prerequisites Semester
Pallavi Tak Rai Major/Minor 4 Economics Major/Minor 6

 Brief Overview 

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.

 Course Objectives 

  • 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. 

 Teaching Methodology 

  • 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!