The course focuses on analysing issues relating to the impact of technology on society from the perspectives of the disciplines of economics and philosophy.
The economics component discusses technical change at the firm level and the economy level using tools and concepts of economics. Major emphasis is on two areas:
(a) Industrial R & D and innovation and their contribution to growth in productivity and output; (b) Select problems of current interest in India such as modernisation, employment and equity, technological options, Science and technology planning for national development and governmental policies on science and technology.
The philosophy component studies the concepts of science and technology; man and nature; tradition, culture and society; social, cultural and other factors and their bearing on the growth of science and technology; technological change and social institutions, values; technological development and human welfare, choice of technology policy.
J. Schumpeter, The Theory of Economic Development, Oxford University Press, 1989.
P. Stoneman, The Economic Analysis of Technological Change, Oxford University Press, 1983.
C. Mitcham, and R. Mackey, (eds.), Philosophy and Technology, Free Press, 1972.
N. Cross, D. Elliot, and R. Roy, (eds.), Man-Made Futures, Hutchinson Educational and Open University Press, 1974.