Economic History

Year 2011-12

Economic History (21679)

Qualification: Political Science and Administration
Year: 3rd.
Term: 2nd.
Number of ECTS credits: 4
Hours of student dedication: 125
Teaching language: Spanish
Teacher: Cristián A. Ducoing Ruiz

1. Introduction to the course

This course studies the development of the international economy since the pre industrial period up to today. It includes the different phases of modern economic growth, the impact of the main historical events on the economy as well as the transformation of economic and social institutions.

This is an introductory course that offers students basic knowledge on the historical change in the global economy and its effect on society.

.2. Competences to be achieved

2.1 Generic Competences

a) Ability to analyse and synthesise.

b) Ability to manage information (ability to search for and analyse information from different sources).

c) Ability to be critical and self critical.

d) Team work.

e) Cultural knowledge.

2.2 Specific Competences

a) To recognise the historical dimension of political and social processes. To know and be able to interpret historical social and political frameworks as precedents for the current framework in order to obtain a greater understanding of the current reality.

b) To recognise the economic surroundings and economic dimension of the public sector. To develop a global vision of the economy and to understand the importance of the economic dimension of the public sector.

c) To understand the complex international set up through the identification of its political actors, its institutional, organizational and political structure as well as the interaction between them and the activities they carry out.

3. Contents

To analyse the fundamental historical worldwide economic processes since 1870, specially the formation and development of the international economy, the big phases of contemporary economic growth and the crucial events that changed the course of these processes.

There will be special emphasis on the institutional characteristics of the international economy from 1870 until today.

Programme. Units for the 16 Lectures

Unit 1. Panoramic vision of the worlds economic history. Main aspects. [L1]

Unit 2. Pre Industrial economies.

2.1 Population and agricultural technology [L2]

2.2 Dynamism of trade: The era of commerce. [L3]

Unit 3. The Industrial Revolution (1750-1870).

3.1 Technological change and change in the industrial sector. [L4]

3.2 Consumer patterns and living standards. [L5]

Unit 4. The integration of the world economy: the first globalization (1870-1913).

4.1 The revival of imperialism. [L6]

4.2 Financial Globalization and the gold Standard. [L7]

4.3 International movement of goods, capital and labour. [L8]

Unit 5. The economic crisis during the inter war period.

5.1 The economic breakdown previous to the Great War. The legacy of war. [L9]

5.2 The Great Depression. [L10]

5.3 The economic recovery: national experiences. [L11]

Unit 6. The golden era of capitalism (1945-1980).

6.1 The institutional bases of Post War recovery. [L12]

6.2 Industrialization Models. [L13]

6.3 Economic Shocks of the 1970s and the end of the Golden Era. [L14]

Unit 7. The World economy during the last three decades, 1980-2010.

7.1 The new globalization and the new financial order. [L15]

7.2 The Fall of the Soviet Block, the evolution of the European Union and the boom in new countries and regions. [L16]

Programme. Units for the 6 seminars.

Seminar 1: Introduction to the indicators of economic development. [S1]

· Which are the main indicators of economic development?

· Why are they measured? Why are they important?

· What type of conclusions can be extracted from these indicators? Give examples by comparing countries.

· Which are its main limitations?

· Can you think of any other relevant indicator not usually included in economic historiography?

Seminar 2: The Industrial Revolution: Why England? Why not France, China, India or Japan? [S2]

· Why were these countries the main candidates for having an industrial revolution?

· Why was the industrial revolution British?

· What do we mean by "the diffusion of the industrial revolution"? How did it happen?

Seminar 3: The economic and social consequences of the industrial revolution [S3]

Main questions to be answered by the students

· What are the main negative consequences of the industrial revolution?

· What are the main characteristics of the pre Marxist labour movements?

· Define and analyse the economic proposals of the social democratic parties of the second part of the XIX Century.

Seminar 4: The origins and meanings of "globalization" [S4]

Main questions to be answered by the students:

· What is globalization? How should it be conceptualized?

· Which are the main drivers of the globalization?

· What is meant by the reaction to globalization?

· Is contemporary globalization a new phenomenon?

Seminar 5: Factor Mobility: European Emigration, 1840-1914 [S5].

Main questions to be answered by the students:

· What were the main receptive countries? Which were the main migrant contributor countries? Please present statistics for the different periods.

· What were the main causes of European emigration after 1840? Use the analytical method of "push and pull".

· What were the main economic consequences of massive migrations? Please make reference to receiving and contributing countries.

· What relation do we have with migrations?

Seminar 6: The role of GATTs and the WTO in world trade liberalization between 1947 and 2000. [S6]

Main questions to be answered by the students:

· When and why was the GATT created?

· What are the tariff and non tariff barriers?

· Which were the main negotiating rounds between 1947 and 1980? What was discussed in these meetings?

· What interest groups were behind these negotiations?

· What was the contribution of GATTs to the liberalization of world trade between 1947 and 1973?

· What was the contribution of WTO from then on?

4. Assessment

4. 1 Seminar work (40% of the final mark)

There will be six seminars during the course, where we will work specific units which have been detailed. Participation in the seminars will be evaluated as well as the construction of a Portfolio where students will analyse their learning and the teacher will be able to make a continuous evaluation. The Portfolio accounts for 70% of the qualification of the seminars and the other 30% is for participation. Assistance to seminars is mandatory.

4.2 Partial Examen (10%)

There will be an exam half way through the course. It will account for 10% of the qualification.

4.3 Final examination (50%)

It will be multiple choice test with 45 questions and will account for 50% of the final qualification.

5. Bibliography and other resources

5.1. Basic bibliography

Basic readings (only selected chapters)

· (A.) (*)Cameron, Rondo E. Historia económica mundial: desde el Paleolítico hasta el presente. (Alianza, Madrid 2000) [HC21 .C3618 2000, Ciutadella]

· (B.) (*) and (**) B. Eichengreen, La Globalización del capital : historia del sistema monetario internacional, Antoni Bosch, (Barcelona, 2000) [HG3881 .E33518 2000, Ciutadella]

· (C.) (*) J. Foreman-Peck, Historia económica mundial: relaciones económicas internacionales desde 1850. Prentice Hall, cop. (Madrid, 1995). [HC54 .F6718 1995, Ciutadella]

· (D.) (*) A. G. Kenwood & A. L. Lougheed, Historia del desarrollo económico internacional. Istmo, (Madrid,1992) [HD82 .K468 1992, Ciutadella]

· (E.) F. Comín, M. Hernández y E. Llopis. Editores. Historia Económica Mundial. Siglos X-XX. Crítica, (Barcelona, 2010). [HC383 .H573 2010, Ciutadella]

· (F.) V. Zamangni. Historia Económica de la Europa Contemporánea. Crítica, (Barcelona 2010) [HC240 .N4418 2001, Ciutadella]

· (G.) A. Maddison. La economía mundial. Una perspectiva milenaria. Ariel, (Barcelona, 2002) [HC21 .M33 2002, Ciutadella].

Complementary readings (only selected readings)

· (H.) (*) J. De Vries, La Revolución industriosa : consumo y economía doméstica desde 1650 hasta el presente, Crítica, (Barcelona, 2009) [HC79.C6 D4818 2009, Ciutadella]

· (I.) (*) N. Ferguson, El triunfo del dinero: cómo las finanzas mueven el mundo, Debate (Barcelona, 2009). [HG171 .F4718 2008, Ciutadella].

· (J.) D. Held et al, Las transformaciones globales: política, economía y cultura, Oxford University Press (México D.F, 2002). (no disponible en la UPF; Está disponible a través del CCUC)

· (K.) (*) C. P. Kindleberger, Historia financiera de Europa,: Crítica, cop. (Barcelona, 1988). [HG186.A2 K56 1993, Ciutadella].

· (L.) (*) A. Di Vittorio (editor), Historia económica de Europa : siglos XV-XX, Routledge (Londres, 2006). [HC240 .D3518 2007, Ciutadella].

· Yáñez, César Título Saltar con red: la temprana emigración catalana a América :1830-1870 / (Madrid : Alianza, 1996) [JV7398 .Y365 1996, Ciutadella].

· (M.) A. Guerra y J. F. Tezanos (editores), La inmigración y sus causas. Madrid, Editorial Sistema, pp. 53-92. [Disponible en el Campus Global]

· (N.) Kevin H. O'Rourke y Jeffrey G. Williamson. Globalización e Historia. La Evolución de la economía atlántica en el siglo XIX. Prensas Universitarias de Zaragoza. (Zaragoza, 2006). [HF1711 .O7618 2006, Ciutadella].

· (O.) Enrique Ibañez Rojo. "El debate sobre la Gran Divergencia y las bases institucionales del desarrollo económico" Investigaciones de historia económica: revista de la Asociación Española de Historia Económica, ISSN 1698-6989, Nº. 7, 2007 , págs. 133-162 [Acceso gratuito desde los computadores de la Universidad]

· (P.) Landes, David, La riqueza y la pobreza de las naciones, Crítica, (Barcelona. 2000) [Ciutadella HC240.Z9 W418 1998]

· (Q.) Cipolla, Carlo (2003), Historia Económica de la Europa preindustrial, Icaria,

Barcelona. (Chapter 3, "Productividad y producción", pp. 121-140).

· Roll, Eric. Historia de las Doctrinas Económicas. Fondo de Cultura Económica, 2000. Capítulos V y VI

5.2. Other resources

Power Point presentations for all lectures.

Specific texts for students to work on at home.

Several webpages for consulting data and material.

Tools from the 2,0 network to increase dialogue and interaction between students and teacher (Twitter, Blogs and Portfolio)

6. Methodology

The activities and methodology of classes will be as follows:

• Lectures with the whole group (80 - 85 students).

The first activities will be lectures. They will be 1.5 hours long (80 effective minutes). The course is composed of 16 lessons, each one focused on one of the Units. The aim of the lessons is to provide the keys to interpreting the global economic evolution and its historical phases. Students will receive between one and four readings per lesson, from which it is expected they read at least one. The readings have been selected to help students understand and to participate actively in the lessons. Students will also be motivated to ask questions or make comments during lessons.

• Seminar with groups (20/25 students).

There will be 6 seminars, one per week during six consecutive weeks, from the third week of the course (until the 8th week). The seminars will be 1.5 hours long (80 effective minutes). Each seminar will be dedicated to one main Unit. All seminars will start with a brief introduction by the teacher followed by a series of questions (previously distributed) to be answered by the students in discussion groups. All students will have to attend and participate in the discussion group. Students must bear in mind that the final exam will have questions related to the units from the seminars.

• Individual preparation.

Each student must read at least one of the readings suggested for each lesson/seminar.

• Autonomous preparation.

Each student is responsible for his or her final exam preparation. If the student has completed the mentioned requirements with consistency and honesty, he or she will be ready to obtain the highest mark.

7. Programme of activities

Week	Ses	Tp	Contents of the session	Student work during the week
				Learning activity		Hrs. in class.	Hrs out of class
				In class	Outside class	Hrs. in class.	Hrs out of class
Iª	1 & 2	M	Panoramic Vision of world economic history. Main aspects [L1] Population and agricultural technologies [L2]	Presentation on the main growth indicators and explanation of the Malthusian model.	A. Maddison. (2002) Prólogo; Cameron 2000, chapter 1 (Introduction). R. Cameron 2000, chapter 5; Cipolla, Carlo 2003 Chapter 3, ("Productividad y producción", pp. 121-140).	3	6
Iª							6
IIª	3 & 4	M	Dynamism of interchanges: The Era of commerce. [L3] Technological change and the offer of the industrial sector. [L4]	Presentation on the growth in world commerce and the origin of the Industrial Revolution	Di Vittorio 2006 (relevant sections in chapters 3 and 4 Guenzi and Davis, respectively) Comín et al 2010 chapter 5 (la difusión de la industrialización y la emergencia de las economías capitalistas).	3	6
IIª							6
IIIª	5 & 6	M	3.2 Consumption patterns and living standards. [L5] 4.1 The revival of imperialism. [L6]	Presentation on debate about the changes in consumption patterns and changes in international economic relations	De Vries 2009, chapter 4 (La revolución industriosa : demanda del consumo). Foreman-Peck 1995, chapter 6 (Comercio Internacional y el dominio Europeo, 1875-1914) Analysis and creation of a quality of living index in the following page http://www.oecdbetterlifeindex.org/	3	6 + 4.5
IIIª	S1	S	Seminar 1: Introduction to the indicators of economic development. [S1]	Presentation and debate of readings of session 1. Analysis of results of the quality of living		1.5	6 + 4.5
IVª	7 & 8		4.2 financial Globalization and gold Standard. [L7] 4.3 International movements of goods, capital and labour [L8]	Presentation and analysis of the consequences of globalization.	Kindleberger 1984, chapter 4 (Bimetalismo y la aparición del patrón oro); Foreman-Peck 1995, chapter 8 (migración internacional) Landes, David 2000, (Capítulo XIII, "Naturaleza de la revolución industrial", pp. 179-191 y capítulo XV, "Gran Bretaña y los demás", pp. 203-217)	3	6 + 4.5
IVª	S2	S	Seminar 2: The Industrial Revolution: Why England? Why not France, China, India or Japan? [S2]	Discussion and debate on the Industrial Revolution Presentation in groups about the mentioned countries.		1.5	6 + 4.5
Vª	9		5.1 The breakdown of the economic order pre Great War, The legacy of the War. [L9] Partial Exam	Presentation on the economic effects of the first world war and Partial exam. (0,5 hours)	Tafunell (la economía internacional en los años de entreguerras 1914 - 1945) pp. 287 - 314 en Comín et. al 2010	1.5	3 + 4.5
Vª	S3	S	Seminar 3: The social and political effects of the Industrial Revolution.	Debate directed by the teacher about the consequences of the industrial revolution.		1.5	3 + 4.5
VIª	10 & 11	M	5.2 The Great Depression. [L10] 5.3 Economic recovery: national experiences. [L11]	Presentation on the theory of crisis, its effects and answers.	Kenwood y Lougheed 1992, chapter 15 (La gran depresión); Eichengreen 2000, chapter 3 (Inestabilidad de entreguerras) Held et al 2000, Introduction and Conclusions (pp. 414-423 only); O'rourke y Williamson 2007, chapter 1 and 6, (Globalización e Historia / la Reacción a la globalización)	3	6 + 4.5
VIª	S4	S	Seminar 4: The origins and meanings of "globalization" [S4]	Discussion and debate on Globalization. Team work to categorize and analyze the concept..		1.5	6 + 4.5
VIIª	12	M	6.1 The institutional basis of the Post War recuperation. [L12]	Presentation on the consequences of the IIW in economic terms.	Eichengreen 2000, chapter 4 (El sistema de Bretton Woods) O'rourke y Williamson 2007, chapter 7; Foreman-Peck 1995, chapter 8 (La migración internacional, 1875-1914	1.5	3 + 4.5
VIIª	S5		Seminar 5: Mobility of Factors: European Emigration, 1840-1914 [S5].	Analysis in group of the push and pull factors of the different groups of emigrants.		1.5	3 + 4.5
VIIIª	13 & 14	M	6.2 Industrialization models. [L13] 6.3 1970 Economic Shocks and the end of the "Golden Age". [L14]		Zamagni, Vera 2001, Cap. 14, (La edad de oro del desarrollo, pp. 239-247). Di Vittorio 2006, chapter 11, por A. Carreras. Foreman-Peck 1995, chapter 13 (El nuevo orden del libre comercio); Kenwood y Lougheed 1992, chapter 19. www.wto.org , www.unctad.org	3	6 + 4.5
VIIIª	S6	S	Seminar 6: The role of the GATT and the OMC in the liberalization of world commerce between 1947 and 2000. Global inequality.			1.5	6 + 4.5
IXª	15	M	7.1 the new globalization and the new financial order. [L15]	Presentation on the progress of the new methods of finance and capital volatity	Kenwood & Lougheed 2000, chapter 18 (Relaciones monetarias internacionales, 1945-2000, only the last section)	1.5	3
IXª							3
Xª	16	M	7.2 The collapse of the Soviet Block, the evolution of the European Union and the boom of the new countries and regions. [L16]	Discussion on the fall of the Soviet Block.	Cameron 2003, chapter 16 (La economía mundial al inicio del siglo XXI). Newspaper articles chosen by the teacher.	1.5	3
Xª							3
Dedicated hours subtotal						33	75
XIª XIIª	Hours dedicated to prepare the final exam						17
TOTAL HOURS FOR THE SUBJECT							125

Week: nº of week; Ses: number of session; Tp: type of session, T (theoretical), S (seminar); Hrs in class: Hours in class; hrs. ou to fclass: hours outside the classroom.