Bachelor
2023/2024![Learning Objectives](/f/src/global/i/edu/objectives.svg)
![Expected Learning Outcomes](/f/src/global/i/edu/results.svg)
![Course Contents](/f/src/global/i/edu/sections.svg)
![Assessment Elements](/f/src/global/i/edu/controls.svg)
![Interim Assessment](/f/src/global/i/edu/intermediate_certification.svg)
![Bibliography](/f/src/global/i/edu/library.svg)
Economic History since 1900
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type:
Compulsory course (International Program 'International Relations and Global Studies')
Area of studies:
International Relations
Delivered by:
Faculty of World Economy and International Affairs
When:
3 year, 1, 2 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Artem Altukhov
Language:
English
ECTS credits:
4
Contact hours:
56
Course Syllabus
Abstract
The course introduces students to the main topics of the global economic history from the early twentieth century to present. Discussion points include such issues as capitalism, socialist alternative(s), Nazi economy, welfare state, globalization.
Learning Objectives
- 1. To understand the development of the main modern European, American and Asian economies. 2. To develop an appreciation for the economic effects on political, and social processes. 3. To study in relevant details theoretical concepts and challenges underpinning the study of economic history since 1900. 4. To identify and select the sort of data that is needed to do this, and how to assess how much data is needed to make valid judgement. 5. To have a working familiarity with the most current research topics in economic history.
- To understand the development of the main modern European, American and Asian economies
- To develop an appreciation for the economic effects on political, and social processes
- To study in relevant details theoretical concepts and challenges underpinning the study of economic history since 1900
- To identity and select the sort of data that is needed to do this, and how to assess how much data is needed to make valid judgement
- To have a working familiarity with the most current research topics in economic history
Expected Learning Outcomes
- Be familiar with the main subject of the course
- how technical change affects the economy
- To analyze how relatively free capital mobility and controls on capital flows compare
- To analyze how the effects of relatively free labor mobility (migration) compare with the effects of controls on mobility
- To examine the development of modern industry by World War I
- To explain what the benefits to economic growth and international trade of fixed versus fluctuating exchange rates are
- To explain why the ability of a country to ‘catch up’ the economic growth of other countries is affected by the ‘social capabilities’ (the underlying conditions) in the country
- To learn what the benefits to economic growth and international trade of fixed versus fluctuating exchange rates are
- To understand how economic growth is transferred from one economy to another
Course Contents
- Course introduction
- International trade and economic growth
- The financial crisis of 2008
- The development of an international economy by 1900: trade, capital and labor
- Institutions that underpinned the international economy before the First World War.
- The development of modern industry
- Britain – trade and empire
- The First World War and the international economy
- The world economic and financial crisis, 1929-33
- Government intervention, recovery and the international economy in the 1930s
- The war economies, 1939-45
- International monetary relations since 1944
- Economic growth in western Europe since 1950
- The American economy since 1960: supply-side economics
- Technology and deindustrialization
- International trade and developing countries in the late 20th century
- Japan and China
Assessment Elements
- Seminar ActivityActivity at the seminars.
- Mock Exam 1
- Mock Exam 2
- Final Oral ExamThe students have two randomly draw an unseen paper slip with two questions from the course contents. After 20 minutes of preparation with no external materials allowed, the student presents her oral answer. The examiner may ask additional questions of his choice.
Interim Assessment
- 2023/2024 2nd module0.4 * Final Oral Exam + 0.1 * Mock Exam 1 + 0.1 * Mock Exam 2 + 0.2 * Seminar Activity + 0.2 * Seminar Activity
Bibliography
Recommended Core Bibliography
- Kenwood, A. G., Lougheed, A. L., & Graff, M. (2013). Growth of the International Economy, 1820-2015 (Vol. [Fifth edition]). New York: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=631925
- The Cambridge economic history of modern Europe. Vol.2: 1870 to the present, , 2011
Recommended Additional Bibliography
- Aldcroft, D. H. (2002). The European Economy 1914-2000 (Vol. 4th ed). London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=69139
- Blackford, M. G. (2008). The Rise of Modern Business : Great Britain, the United States, Germany, Japan, and China. Chapel Hill: The University of North Carolina Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=441912