Rethinking Economics India has released its review of UG economics curriculum in India.
Summary:
The report shows that the undergraduate curriculum of Economics is falling short of students’ needs or expectations. Both microeconomics and macroeconomics are grounded in neoclassical interpretations of economic theory, barring a few exceptions. A dearth of readings and authors from India and countries of the Global South, as well as female authors, is largely prevalent combined with a lack of more recently published texts. Economic methodologies are predominantly based in quantitative components with less focus on application based approaches and lack qualitative elements.
While every one of the drawbacks of the extant curriculum structure potentially represents an opportunity that could promote curriculum
change for the better, we must keep in mind that universities as decision makers are constrained. The ‘rules of the game’, that is, the regulatory governance framework may act as a significant constraint to the autonomy of individual departments to structure or restructure their curricula. Questions pertaining to the governance of universities in India are outside the scope of this report. However, they do constitute an area of future research.
Very useful review..






