Module ECON1071: GLOBAL ECONOMIC HISTORY

Department: Economics

ECON1071: GLOBAL ECONOMIC HISTORY

Prerequisites

• None

Corequisites

• Principles of Economics (ECON1011).

Excluded Combination of Modules

• None.

Aims

• Provide students with an understanding of historical roots of economic growth and diverging trajectories of development in different countries and regoins of the global economy.
• Facilitate students' understanding of important developments and crises in the history of the world economy.
• Offer the opportunity to develop key skills.

Content

• A range of material is covered at an introductory level with emphasis on topics such as:
• Long term drivers of growth and historical origins of divergence in the world economy.
• Transition from Malthusian stagnation to modern economic growth.
• Global economic development after the Industrial Revolution in separate countries and regions.
• Case studies may include (but not limited to):
• The USA, Western Europe, and the UK
• Japan, China and India
• Latin America and Africa
• Future prospects and challenges for the global economy

Learning Outcomes

• Understanding of the key features of long-run economic development.
• Knowledge and understanding of relevant economic concepts.
• Understanding the causes of historical changes in economies.

• Ability to explain the underlying reasons for the historical evolution in economies.
• Ability to identify, interpret and use information for the study of economies and the world economy.

• Examples are provided to demonstrate how students will have the opportunity to develop the following key skills:
• Written Communication by completing formatives and in the final exam.
• Problem Solving by applying the necessary analytical techniques in preparing assignments.
• Initiative by searching relevant literature and other information in preparation for the formative assignment and the examination.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminars, and private study. Formative assessment is by means of a written assignment. Summative assessment is by means of an in-person examination.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

One written piece of work to prepare students for the summative exam.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University