This course teaches the fundamentals of Indian models of economy, business and management. Contrary to dominant academic opinion, there are Indian models of economy. There are Indian models of economy which are functioning all over rural and urban India.
They are not taught about in business and management universities and colleges. They function despite our current education system. They are taught and sustained by traditional Indian values and function in a traditional Indian set-up.
This course teaches these fundamentals in six chapters discussing: Indian economic models, ancient Indian economic system, performance of Indian economy under the British and after Independence, dominant western economic models and Indian models as compared to them.
What You’ll Learn
You will learn about the Indian economic models working at all levels of Indian society through interesting case studies like the kite makers of Gujarat, the Karur bankers and the Coimbatore flower-sellers etc.
You will learn the ancient Indian economic system, the share of GDP of India in the global GDP at various periods in history. You will learn the status of education, agriculture, manufacturing, wealth, governance and business in India during the ancient as well as medieval times.
You will learn what was the state of Indian economy, agriculture, trade and industry in British India and how the British led to the economic drain and de-industrialization of India and led to widespread mass poverty. You will also learn what happened after independence in the above mentioned fields.
You will get to learn the dominant economic models of the West including the market capitalism and communism. Finally you will get to learn the fundamentals of Indian economic models and what are the values that they base themselves upon.