Economic History

Economic Crisis 1930, Photo: Bundesarchiv, Bild 102-10246 via Wikimedia Commons

Course ID:

ECO_130

Semester:

2nd

Year of Study:

1st Year

Category:

Compulsory

For Erasmus Students:

No

eclass URL

Learning Outcomes

The aim of the course is to introduce students to the concepts of Economic History. After successful completion of the course, students are expected to:

Have the ability to evaluate and compare the various theoretical and empirical approaches to economic and social history
Understand and explain key processes of macroeconomic development: the transition from feudalism to capitalism and its various forms, the various phases of the industrial revolution, the occurrence of economic crises.
Be able to develop synthetic and analytical skills to analyze and compare patterns of development in the North, South and East and to distinguish forms and phases of globalization.

Course Contents

Introduction: Basic concepts, the content of Economic History. The middle ages. The transition from the middle ages to the commercial expansion of the 16th & 17th centuries. The discovery of the new lands & routes and their consequences. The rise of the capitalist system. The economic conditions during the 18th century. Technological progress & the industrial revolution. The revolution in transportation. Developments in the agricultural sector. Industrial production & the 2nd industrial revolution. Wars & economic crises. Post-war economic developments. The modern capitalism. Major economic crises. Europe’s integration process. Problems & prospects.

Teaching Activities

Lectures (3 hours per week)

Teaching Organization

*Activity*	*Semester workload*
Lectures	13X3 = 39 hours
Reading	111 hours
Total number of hours for the Course (25 hours of work-load per ECTS credit)	150 hours (total student work-load)