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MGPE-006: Gandhi’s Economic Thought

IGNOU via Swayam


The course MGPE-006: Gandhi’s Economic Thought is integral part of Master Programme as well as PG Diploma Programme in Gandhi and Peace Studies carrying 04 Credits. The main objectives of this course is to acquaint the learners with the basic concepts of Gandhi's economic thought; understand and express difference between modern economics and Gandhi's economic thought; identify salient features of an economy based on Gandhian economic thought and also comprehend the issues in sustainable development and Gandhian solutions. This course would enable you to explore the intricacies of the economic thought based on Gandhi's principles and is designed in a manner that would equip you to enhance your knowledge on the subject. Gandhi is one of the rare thinkers in modern times who considered economics as a subsidiary part to the whole of human behaviour. Economic concepts, for him, were to be laden with ethical considerations and ethics should not be devoid of pragmatic issues of the day to day living. He wanted to build modem India with a strong component of moral and ethical content. Gandhi went on evolving specific economic concepts such as Swadeshi, Khadi and Village Industries, Bread Labour, Trusteeship, Limitation of Wants etc that we learn, reexamine, crique and contextualise in modern time. Some important economists who followed Gandhian thought and their contributions to enrich the domain and further developed Gandhian vision are also deliberated. Issues in decentralisation, problems faced by agrarian economy, issues of sustainability and Gandhian solution, social justice and development paradoxes are discussed at length. Hope you will enjoy this very interesting course that is full of knowledge, intellect, new, unique and innovative economic thoughts based on empirical studies and fulfil the goal of adopting them into your personal day to day life. Course Credit4





Unit-1 Basics of Modern Economics


Unit-2 Critique of Modern Economics


Unit-3 Indigenous and External Influences


Unit-4 Encounter with Colonialism and Poverty


Unit-5 Bread Labour

Unit-6 Self-reliance and Self-sufficiency


Unit-7 Trusteeship


Unit-8 Preferences, Utilities and Wants


Unit-9 Machinery and Industrialisation


Unit-10 Economics of Non-Violence


Unit-11 Khadi and Village Industries

Unit-12 Gandhian Economists


Unit-13 Decentralisation

Unit-14 Agrarian Economy and Cooperatives


Unit-15 Sustainable Economy and Social Justice

Unit-16 Paradoxes of Development and Gandhian Alternatives

Taught by

Dr. G Uma

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