IIT Madras via NPTEL

History of Economic Theory

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Overview

Humanities and Social Sciences course by Prof. S. S. SivaKumar.

Syllabus 1

History of Economic Theory
- The Socio-Economic Role of Scarcity and Uncertainty
- The Process of Construction of Knowledge
- The Roles of Faith and Experience
- From Orphism to the Milesians in ancient Greece
- Pythagoras and Heraclitus
- From Parmenides to the atomists
- From the ancient Greece to the emergence of Feudalism
- Feudalism and the growth of the Church
- The age of Faith: Europe until the crusades
- The beginnings of modernity
- Scholasticism and St.Thomas
- Transformation of Europe towards modernity
- Birth of political economy: mercantilism
- The debate over mercantilism: Hume and Cantillon
- A postscript to mercantilism: Hume and James Stewart
- ‘Natural Order’ and the market: Quesney and Galiani
- Smith: the Invisible Hand
- Smith: Growth theory, long run equilibrium and Institutions
- Ricardo-Malthus debate
- Ricardian economics and more

Advantages and disadvantages

Advantages

Taught by IIT and IISc professors, and it follows the Indian university syllabus closely.
All videos and assignments are free on NPTEL and SWAYAM.
The certificate is recognised by many Indian universities for credit transfer and by GATE aspirants.
Great for GATE and semester exam preparation.
Taught by Indian Institute of Technology Madras, one of the strongest names in its field.
Completely free.
Self-paced: start any time.
A clear syllabus (1 parts) you can see before you start.

Disadvantages

The certificate needs a proctored exam at a centre, which has a fee.
Recorded classroom lectures: thorough, but slower than made-for-online courses.
New runs start on fixed dates (January and July).
Learning is free, but the certificate costs money.

Some points apply to every course of this kind; see how we rank.

Free to learn

Free: Every video and assignment is free on NPTEL and SWAYAM. Enrol when the next run opens.
Certificate: Optional. It needs a proctored exam at a centre, which has a fee.

Taught by

Prof. S. S. SivaKumarIIT Madras

Indian Institute of Technology Madras is in Tier 1: world-leading universities and India's top institutes of our institution ranking (96/100). Runs NPTEL and the online BS in Data Science.

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