AKTU Human Economics – for Sustainable and Mutually Fulfilling Production and Management Systems (MNHV703) Syllabus PDF – B.Tech Minor Degree in Universal Human Values

MANAGEMENT SYSTEMS

Course Objectives

1. To introduce students to the basic ideas about economic prosperity, which they can apply in their day-to-day life as responsible members of their family and as responsible citizens
2. To help students develop sensitivity to the economic issues in the development of the nation and commitment to participate in resolving them
3. To equip the students with basic economic measures, tools and techniques to analyse economic issues Course Methodology 1.The methodology of this course is explorational and thus universally adaptable. It involves a systematic and rational study of human being and society. 2.It is a process of self-investigation and self-exploration, and not of giving sermons. The students are facilitated and encouraged to verify the content on their own right, based on their Natural Acceptance and subsequent Experiential Validation. 3.This process of self-exploration takes the form of a dialogue between the teacher and the students to begin with, and then to continue within the student leading to continuous self-evolution. 4.This self-exploration also enables them to critically evaluate the pre-conditionings and beliefs in the present society regarding the notion of prosperity, wealth, economics, relationship between human being and natural resources etc., see the way to rectify them. A study in economics is aimed at developing the vision for sustainable production and management systems in the society. In the course, the students are introduced to sustainable ways of wealth generation and sharing, the role of economics in societal development and three types of economics. The students are also introduced to various concepts in economics in the tradition and modern era and various issues addressed in economics. Towards the end of the course, an appraisal is made of various concepts proposed in economics and the way forward is explored. Course Syllabus

Unit 1 Introduction to Human Economics

Human economics, Vision for universal human order and role of economics therein, Human needs and their fulfilment, three types of economics, Efforts in the tradition and modern era to understand human economics, Role of economics in day to day life

Unit 2 Sustainable Ways of Wealth Generation and Sharing

Meaning of Wealth, Sustainable ways of wealth generation (production), Preservation and right utilization of wealth, Feeling of prosperity, Marketplace, Distribution and exchange, Value and price, Measures, tools and techniques for production and management

Unit 3 Role of Economics in Societal Development

Role of different societal orders in Societal Development and their interdependence, Wealth and Economics Contributing to overall societal order- certainly not contradicting it

Unit 4 Concepts in Economics in the Tradition and Modern Era

Concepts in Economics in the Indian and Western tradition, Theories of Economics in the modern era, Placement of various issues addressed in economics (demand and supply, price determination, national income, money and banking, budgeting, economic reforms, etc.)

Unit 5 Appraisal of the Concepts in Economics and the Way Forward

Evaluation of present day notion of Human Needs, Natural Resources, Wealth, economics etc., Inherent contradictions and dilemmas in modern day management, Way forward.

Reference Books

1. Club of Rome – Limits to Growth, https://www.clubofrome.org/publication/the-limits- to-growth/
2. Dierksmeier, C. and M. Pirson(2009)Oikonomia and Chrematistike: Learning from Aristotle about the Future of Management.Journal of Business Ethics, 88(3): 417-430.
3. A Foundation Course in Human Values and Professional Ethics, R R Gaur, R Asthana, G P Bagaria, 2nd Revised Edition, Excel Books, New Delhi, 2019. ISBN 978-93-87034- 47-1
4. Introductory Microeconomics, Textbook for Class XII (2021-22), Published by NCERT
5. Macroeconomics, Textbook in Sociology for Class XII (2021-22), Published by NCERT
6. Illich, I. (1974) Energy and Equity. Worcester and London: The Trinity Press. UK.
7. Julien-François Gerber and Rajeswari S. Raina (eds.). 2018. Post-Growth Thinking in India: Towards Sustainable Egalitarian Alternatives, Orient Blackswan: New Delhi, ISBN: 9789352873937
8. Kumarappa, J.C. (1946) Economy of Permanence. Varanasi: SarvaSevaSanghPrakashan. India
9. Nagraj, A. (2001) AvartansheelArthshastra (Cyclical, Mutually Enriching Economics). Divya Path Sansthan, Amarkantak, India.
10. Schumacher, E.F. (1973) Small Is Beautiful: A Study of Economics as if People Mattered.London: Blond & Briggs. Mode of Evaluation: Based on participation of student in classroom discussions/Self-assessment/Peer assessment/Assignments/ Seminar/Continuous Assessment Test/Semester End Exam Socially relevant project/Group Activities/Assignments may be given importance in this course

Course Outcomes

On the completion of the course, the student will be

1. Analyze the basic concepts in human economics and evaluate the efforts made to understand human economics
2. Explain the sustainable and mutually fulfilling production and management systems
3. Evaluate the role of economics in societal development
4. Compare the various theories in economics in the tradition and modern era
5. Appraise the concepts and notions proposed in economics and see the way forward ********* MNHV 80* HUMAN VALUES IN VARIOUS PHILOSOPHIES (DARSHANS): A background These courses are expected to draw out a minimum set of key points from each philosophy, including:
6. World vision (level of realisation)

• What is human being?
• What does this existence consist of (e.g. material + consciousness + space)?
• How is human being related to other human beings, rest of nature etc.
• What is the human purpose - individual and collective?
• What is happiness?
• What is prosperity?

1. Process to see, to understand
2. What are the human values on the basis of the world-vision (above) How are these values implemented, expressed in living?
3. Program for fulfilment of human purpose at individual level (if this program is successful, what will be the qualities of the human being...)
4. Program for fulfilment of human being at the collective (societal) level (If this collective program is successful, what kind of society will it be? will it ensure wellbeing of all? - conditional or unconditional? Relationship with people (irrespective of their class, caste, creed, gender, faith...)? Relationship with rest-of- nature...
5. What are the causes of the present-day problems? How will these get resolved?
6. Next step from where we are Some of the courses on popular philosophies are:

• UHV-BJ: Human Values in Bauddh and Jain Darshan
• UHV-MD: Human Values in MadhyasthDarshan
• UHV-VD: Human Values in Vedic Darshans (Sankhya, Yoga and Vedanta)
• UHV-CHR-ISL: Human Values in Christianity and Islam
• UHV-SIK: Human Values in Sikkhism
• UHV-NEO: Human Values in popular contemporary philosophies