Economic History
Objectives
In using historical evidence, the purpose of this course is the understandingof the functioning of the markets in their intrinsic logic and their relationship with the state, at a global scale.
General characterization
Code
1110
Credits
7.5
Responsible teacher
Maria Eugénia Mata
Hours
Weekly - Available soon
Total - Available soon
Teaching language
English
Prerequisites
Bibliography
Berend, Ivan, An economic history of twentieth-century Europe, Cambridge, CUP, 2006. Bordo, Michael; Taylor, Alan; Williamson, Jeffrey (eds.) Globalization in Historical Perspective, University Chicago Press, Chicago, London, 2003, 2005. Cameron, Rondo, A Concise Economic History of the World. Oxford, 1993. Clark, Gregory, Farewell to Alms; A Brief History of the World, Princeton, Princeton University Press, 2007. Floud, Rodrick; Johnson, Paul, The Cambridge Economic History of Modern Britain, Vol II Economic Maturity, 1860-1939 Cambridge, Cambridge University Press, 2003, 2004, 2008. N14-006. Foreman-Peck, James, A history of the world economy, Brigton: Wheatsheaf Books, 1983; New York, London, Sidney, Tokio, Singapore: Harvester Wheatsheaf, 1995 (I, II, V, VI).Persson, Karl Gunnar, An Economic History of Europe, Knowledge, Institutions and Growth, 600 to the Present, Cambridge, Cambridge University Press, 2010. Sylla, Richard; Tilly, Richard; Tortella, Gbriel, The state, the financial system, and economic modernization, Cambridge, Cambridge University Press, 1999. (For the current crisis, Krugman, Paul, The Return of Depression Economics, and the Crisis of 2008, N. York, WW Norton &Cº, 1999, 2009).
Teaching method
The course will be based on lectures, tutorial work with the students, compulsory reading materials, oral presentations by students, and written assignments. These delivery methods try to develop the different learning outcomes, combining structured learning, individual compulsory reading and individual or group tutorial support.
Evaluation method
The course grade is a weighted average of the final mandatory exam grade (60%) and the semester information (40%). The final course exam covers all taught course material. The semester information consists of an individual written work (20%) and an oral group presentation where all students make a short intervention (20%).
The written work must consider the following question:
“Governments, both central and local, are also needed to support economic activities by appropriate policies”. Do you agree? Please comment in presenting nineteenth-century cases to support your opinions.
Your written work must be short (1,000 words, at most) and the deadline is 20 October. You will upload your work in the Moodle page of this course, where the date will be recorded. A print is also welcome. Delays suffer penalties (1 point per day) as well as extension (for equity reasons).
Regular Exam Period
The semester information (40%) will be used once, whatever the exam epoch the student will attend. However, in order to pass, students must have a classification equal to or over 9 (in a 0-20 scale), in the final exam. The student course attendance and the participation at discussions may contribute to marginal adjustments.
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Resit Exam Period
If the student did not attend the regular exam, the semester information (40%) will be used, and the Resit exam represents 60% of the final mark. However, in order to pass, students must have a classification equal to or over 9 (in a 0-20 scale), in the final exam. The student
course attendance and the participation at discussions may contribute to marginal adjustments.
If the student already benefited from the semester information in the regular period, the Resit exam mark is 100% of the final mark.
Grade Improvement in Regular Period:
the exam mark is 100% of the final mark.
Grade Improvement in Resit Period:
the Resit exam mark is 100% of the final mark.
Subject matter
Private initiative versus government role as regulator of economic activities; the growing weight of public expenditure in macroeconomic terms during the second-half of the nineteenth century; the war economies well portrayed by the two world wars.
The emergence of social policies and security systems; nationalizations and denationalizations; concerns regarding intervention for the design of economic growth policies; protectionism and the Great Depression.
The success of growth after the Second World War, and the increasingly frequent interventions for short-term anti-cyclical corrections; the difficulties from the last quarter of the twentieth century to now.