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ECON1071: GLOBAL ECONOMIC HISTORY

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Type Tied
Level 1
Credits 20
Availability Available in 2024/2025
Module Cap
Location Durham
Department Economics

Prerequisites

  • None

Corequisites

  • Principles of Economics (ECON1011).

Excluded Combinations 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

Subject-specific Knowledge:

  • 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.

Subject-specific Skills:

  • 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.

Key Skills:

  • 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

ActivityNumberFrequencyDurationTotalMonitored
Lectures201 per week1 hour20 
Seminars84 in Term 1, 4 in Term 2 1 hour8Yes
Revision Lectures22 hours2 
Preparation and reading170170 
Total200 

Summative Assessment

Component: ExaminationComponent Weighting: 100%
ElementLength / DurationElement WeightingResit Opportunity
One in-person written examination2 hours100Same

Formative Assessment

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

More information

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