Industrial Policy: Shaping National Economic Growth

How do nations build powerful industries and foster economic prosperity? The answer often lies in deliberate, strategic industrial policy. This course provides a clear framework for understanding how governments use policy to steer their economies. You will learn to analyze the tools, objectives, and real-world impact of industrial strategies, moving from historical examples to contemporary challenges. What you'll learn: * Learn the fundamental concepts, goals, and instruments of industrial policy. * Analyze the evolution of industrial strategy through key historical periods, using India's development as a core case study. * Evaluate the effects of different policy approaches on industrial growth, diversification, and economic structure. * Explore how modern industrial policies target sustainability, green technology, and the digital economy. * Understand the ongoing debate between free markets and state intervention in economic development. We begin with the core theories and terminology of industrial policy. You'll then progress through a detailed examination of policy in action, from post-independence planning to market liberalization and today's innovation-focused strategies. This course is perfect for beginners in economics, public policy, and business. No prior background in industrial or economic theory is necessary to get started. Begin your journey into the world of economic strategy and discover the forces that build nations.