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Neo-classicism or pluralism? Teaching and research of economics during the era of neo-liberal reforms in India

Sudipta Bhattacharyya

International Journal of Pluralism and Economics Education, 2013, vol. 4, issue 4, 334-351

Abstract: This study addresses the contradictions and conflicts of the problematic legacy of economics teaching and research in India where the long heritage of pluralistic tradition was challenged from neo-classicism during India's neo-liberal reforms. This study supports the scholarly proposition that neo-classicism is the theoretical structure of neo-liberalism. Neo-classical hegemony expanded after 1991 and subjugated all traditions of pluralism developed in various institutions in India. As a result, some institutions partially or totally lost their pluralism; however, in other institutions the pluralist tradition was strengthened.

Keywords: neo-liberalism; neo-classicism; pluralism; mainstream; heterodox; economics education; India; economics research; neo-liberal reforms. (search for similar items in EconPapers)
Date: 2013
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