Swedish name: Internationell ekonomisk historia (nivå 4)
This syllabus is valid: 2023-02-27 and until further notice
Course code: 2EH038
Credit points: 15
Education level: Second cycle
Main Field of Study and progress level:
Economic History: Second cycle, has only first-cycle course/s as entry requirements
Grading scale: Three-grade scale
Responsible department: Department of Economic History
Revised by: Head of Department of Economic History, 2022-10-28
This course deals with historical perspectives on the development of capitalism - today's dominant system in the world economy - with perspectives from the late Middle Ages to the present day. The historical dynamics between capital, production, environmental impact and institutions are explored over time, as well as the role of the state and firms. Furthermore, factors behind economic growth, globalization and sustainability are identified and analyzed, focusing on the basic mechanisms and consequences of capitalist development. The course explores questions about the significance of capitalism for the emergence of modern economic growth, its spread and the existence of different varieties of capitalist systems, including periods of globalization. The link between economic growth, institutional change and environmental consequences also raises questions about whether capitalism has been and can be sustainable in the long run. The course is divided into four broader themes: 1) The emergence of modern growth; 2) The Political Economy of Capitalism; 3) Capitalism and sustainability; 4) In-depth individual assignment.
After completing the course, the students have achieved:
In-depth knowledge and understanding:
1. Demonstrate knowledge and understanding of the factors behind modern economic growth and the rise of capitalism.
2. Demonstrate knowledge and understanding of the consequences of modern growth with regard to sustainability.
3. Demonstrate knowledge and understanding of the explanations behind various capitalist systems in the global economy.
In-depth skill and ability:
4. The student must demonstrate the ability to apply theoretical and empirical knowledge to critically analyze long-term economic change and growth processes, including institutional change, globalization and sustainable development.
Evaluation ability and approach:
5. Be able to critically and independently identify, assess and use different explanatory models and empirical data to investigate an economic-historical problem within the framework of the course themes.
Univ: The student must have accomplished 90-ECTS credits in Economics, Human Geography, Sociology, Economic History, Statistics, Business Administration, Law, Informatics, Political Science or an equivalent Social Science topic, including a bachelor thesis equivalent to 15 ECTS credits. Proficiency in English equivalent to Swedish upper Secondary course English A/6.
The teaching is web-based and the language of instruction is English. No physical meetings are included. The course is taught via one of the university's electronic learning platforms and presupposes a great individual responsibility to take part in the course's instructions and lectures online. The studies are characterized by a high degree of independence, critical reflection and active search for knowledge. The course offers opportunities for group discussion.
Examinations are conducted in the form of individually written reports in connection with each module. For students who have not passed the regular examination, an additional examination opportunity is arranged in close connection with this. When grading, the three-point scale is applied: pass, pass with distinction or fail. All examinations included in the course must be completed before grades are obtained. If there are special reasons, the examiner has the right to decide on another form of examination. Re-examination and other examination based on the same syllabus as the regular examination is guaranteed for two years after the student's first registration for the course. After two failed re-examinations for a certain course or part of a course, the student has the right to change examiner at a written request to the head of department.
Transfers
The course can be part of a master's degree in economic history. For foreign students or for students who so wish, grades are given in accordance with ECTS through a special certificate. Students have the right to apply to have a previous education or experience evaluated for transfer of credits. For more information, see: https://www.umu.se/en/education/study-system/ and the Higher Education Ordinance (Chapter 6). The application for credit is sent to the Student Center/Examina. A rejection of an application for credit can be appealed (Higher Education Ordinance, Chapter 12) to the Board of Appeal for Higher Education. This applies both if the entire and parts of the application for credit are rejected.
The economic history review : published on behalf of the Economic History Society
Oxford : Blackwell : 1997- :
Online access for UMUB
Reading instructions: Allen, R.C. (2011) "Why the industrial revolution was British: commerce, induced invention, and the scientific revolution", The economic history review, 64, 2 (2011), pp. 357-384
The American Economic Review
1911-1922 :
Online access for UMUB
da Silva Lopes Teresa
The Routledge companion to the makers of global business / edited by Teresa da Silva Lopes, Christina Lubinski and Heidi J. S. Tworek
uuuu-uuuu :
Online access for UMUB
ISBN: 9781315277790
Search the University Library catalogue
Reading instructions: Bergquist, A (2019) Business and Sustainability" Chap. 35. In Routledge Companion to The Makers of Global Business, ed. Da Silva Lopes, Lubinski, Christina & Tworek, Heidi, 546-563, New York:
Routledge. [available as electronic recourse]
Boon M
A Climate for Change. : The Oil Industry and Decarbonization in Historical Perspective
Included in:
Business history review
Boston : Harvard Graduate School of Business Administration : 1954- : 93 : pages 101-125 :
Boyer R
How and why capitalisms differ
Included in:
Economy and society
London : Routledge : 2000- : 34 : pages 509-557 :
Bussiére E
EU industrial policy: lessons from the experience of the 1960s to the 1990s In EU Industrial Policy in the Multipolar Economy, edited by Jean-Christophe Defraigne, Jan Wouters, Edoardo Traversa and Dimitri Zurstrassen
Cheltenham: Edward Elgar : 2022 :
Reading instructions: Pages: 159-172
Bulletin - American Academy of Arts and Sciences
1948- :
Online access for UMUB
Reading instructions: Chandler, A.D. Industrial Revolutions and Institutional Arrangements," Bulletin of the American Academy of Arts and Science. 33, no. 8 (1980): 33-50.
Hall P.A.
Growth Regimes
Business History Review. First View : 2022 :
Klicka här för att komma till artikeln
Reading instructions: Pages: 1-25
An Introduction to Varieties of Capitalism. In Varieties of Capitalism. The Institutional Foundations of Comparative Advantage, edited by Peter A. Hall & David W. Soskice
Hall P.A., Soskice D.W
Oxford University Press (electronic resource) : 2001 :
Reading instructions: Pages: 1-68
Jones Geoffrey
Profits and sustainability : a history of green entrepreneurship
First edition. : Oxford : Oxford University Press : 2017 : 1 online resource :
Online access for UMUB
ISBN: 9780191840340
Search the University Library catalogue
Jones G
Origins and Development of Global Business
Included in:
The Routledge companion to the makers of global business / edited by Teresa da Silva Lopes, Christina Lubinski and Heidi J. S. Tworek
uuuu-uuuu :
Reading instructions: Jones, G (2019) "Origins and Development of Global Business." Chap. 2 in The Routledge Companion to the Makers of Global Business, edited by Teresa da Silva Lopes, Christina Lubinski, and Heidi J.S. Tworek, 17-34. New York: Routledge. [available as electronic resource]
Business-government relations and national economic models: A review and future research directions in varieties of capitalism and beyond.
MacKenzie N.G., Perchard A, Miller C, Forbes N
Business History, 63:8 : 2021 :
Reading instructions: Pages: 1239-1252
North D. C.
Institutions (in Journal of Economic Perspectives, Volume 5, Number 1, Winter 1991, pages 97-112)
X : 1991 :
Journal of economic geography
Oxford : Oxford University Press : 2001- : v. :
Online access for UMUB
Reading instructions: Peck, J and Zhang, J. (2013) A variety of capitalism ... with Chinese characteristics?, Journal of Economic Geography, Volume 13, Issue 3, May 2013, 357-396.
Pomeranz Kenneth.
The great divergence : China, Europe, and the making of the modern world economy
Princeton, N.J. : Princeton University Press : c2000. : x, 382 p. :
Economy and society
London : Routledge : 2000- :
Reading instructions: Schneider, B.R. & Soskice, D. (2009), Inequality in developed countries and Latin America:
coordinated, liberal and hierarchical systems", Economy and Society, 38 (1): 17-52.
Business history review
Boston : Harvard Graduate School of Business Administration : 1954- :
Online access for UMUB
Reading instructions: Wilkins, M., et al. (2010) Varieties of Capitalism. Round table, Business History Review, 84 (Winter
2010):637-674.
Cameron R
A New View of European Industrialization (in Economic History Review 38) no. 1: 1-23
X : 1985 :
Chandler Jr A. D
What is a Firm? (in European Economic Review, 36, (2-3): 483-492)
X : 1992 :
Feinstein Charles H..
An Economic History of South Africa : Conquest, Discrimination, and Development
Cambridge : Cambridge University Press : 2005 : 1 online resource (328 p.) :
Table of Contents / Abstracts
ISBN: 9781139165457
Search the University Library catalogue
Path dependence, time lags and the birth of globalization: a critique of O'Rourke and Williamson (in European review of economic history, vol 8, 2004)
Flynn Dennis O, Giraldez Arturo
X :
Journal of African history
1997- :
Online access for UMUB
Reading instructions: Hopkins (2009). "The New Economic History of Africa", Journal of African History, 50, pp 155- 177.
Towards a new business history?
de Jong A, Higgins D.M., van Driel H
Business History, 57:1 : 2015 :
Reading instructions: Pages: 5-29
Economics, History, and Causation
Morck R, Yeung B
Business History Review, 85(1) : 2011 :
Reading instructions: Pages 39-63
The Arab Economies in a Changing World
Noland Marcus, Peterson Institute for International Economics , Pack Howard
2 : Peterson Institute for International Economics : 2011 :
Online access for UMUB
When Did Globalisation Begin? (in European Review of Economic History, april 2002, v. 6, pp. 23-50)
O'Rourke Kevin H, Williamsson Jeffrey G
X :
Once more: When did Globalisation Begin? (in European Review of Economic History, vol 8, 2004)
O'Rourke Kevin H, Williamson Jeffrey G
X :
Writing business history: Creating narratives.
Popp A, Fellman S
Business History, 59:8 : 2017 :
Reading instructions: Pages: 1242-1260
Competing Perspectives on the Managerial Revolution - From Managerialist to Anti-Managerialist
Rowlinson M, Toms S, Wilson J.F.
Business History, 49 (4) : 2007 :
Reading instructions: Pages: 464-482
Individual choice of articles Some 200 pages is recommended
The economic history review : published on behalf of the Economic History Society
Oxford : Blackwell : 1997- :
Online access for UMUB
Reading instructions: Allen, R.C. (2011) "Why the industrial revolution was British: commerce, induced invention, and the scientific revolution", The economic history review, 64, 2 (2011), pp. 357-384
The American Economic Review
1911-1922 :
Online access for UMUB
da Silva Lopes Teresa
The Routledge companion to the makers of global business / edited by Teresa da Silva Lopes, Christina Lubinski and Heidi J. S. Tworek
uuuu-uuuu :
Online access for UMUB
ISBN: 9781315277790
Search the University Library catalogue
Reading instructions: Bergquist, A (2019) Business and Sustainability" Chap. 35. In Routledge Companion to The Makers of Global Business, ed. Da Silva Lopes, Lubinski, Christina & Tworek, Heidi, 546-563, New York:
Routledge. [available as electronic recourse]
Boon M
A Climate for Change. : The Oil Industry and Decarbonization in Historical Perspective
Included in:
Business history review
Boston : Harvard Graduate School of Business Administration : 1954- : 93 : pages 101-125 :
Boyer R
How and why capitalisms differ
Included in:
Economy and society
London : Routledge : 2000- : 34 : pages 509-557 :
Bulletin - American Academy of Arts and Sciences
1948- :
Online access for UMUB
Reading instructions: Chandler, A.D. Industrial Revolutions and Institutional Arrangements," Bulletin of the American Academy of Arts and Science. 33, no. 8 (1980): 33-50.
Varieties of Capitalism : The Institutional Foundations of Comparative Advantage
Hall Peter A., Soskice David
Oxford : Oxford University Press : 2001 : 556 p. :
Jones Geoffrey
Profits and sustainability : a history of green entrepreneurship
First edition. : Oxford : Oxford University Press : 2017 : 1 online resource :
Online access for UMUB
ISBN: 9780191840340
Search the University Library catalogue
Jones G
Origins and Development of Global Business
Included in:
The Routledge companion to the makers of global business / edited by Teresa da Silva Lopes, Christina Lubinski and Heidi J. S. Tworek
uuuu-uuuu :
Reading instructions: Jones, G (2019) "Origins and Development of Global Business." Chap. 2 in The Routledge Companion to the Makers of Global Business, edited by Teresa da Silva Lopes, Christina Lubinski, and Heidi J.S. Tworek, 17-34. New York: Routledge. [available as electronic resource]
North D. C.
Institutions (in Journal of Economic Perspectives, Volume 5, Number 1, Winter 1991, pages 97-112)
X : 1991 :
Journal of economic geography
Oxford : Oxford University Press : 2001- : v. :
Online access for UMUB
Reading instructions: Peck, J and Zhang, J. (2013) A variety of capitalism ... with Chinese characteristics?, Journal of Economic Geography, Volume 13, Issue 3, May 2013, 357-396.
Pomeranz Kenneth.
The great divergence : China, Europe, and the making of the modern world economy
Princeton, N.J. : Princeton University Press : c2000. : x, 382 p. :
Business history
London : Taylor & Francis : 2001- :
Online access for UMUB
Reading instructions: Rowlinson, M., Toms, S. And Wilson, J.F. (2007), Competing Perspectives on the Managerial
Revolution' - From Managerialist' to Anti-Managerialist', Business History, 49 (4): 464- 482.
Economy and society
London : Routledge : 2000- :
Reading instructions: Schneider, B.R. & Soskice, D. (2009), Inequality in developed countries and Latin America:
coordinated, liberal and hierarchical systems", Economy and Society, 38 (1): 17-52.
Business history review
Boston : Harvard Graduate School of Business Administration : 1954- :
Online access for UMUB
Reading instructions: Wilkins, M., et al. (2010) Varieties of Capitalism. Round table, Business History Review, 84 (Winter
2010):637-674.
Cameron R
A New View of European Industrialization (in Economic History Review 38) no. 1: 1-23
X : 1985 :
Chandler Jr A. D
What is a Firm? (in European Economic Review, 36, (2-3): 483-492)
X : 1992 :
Feinstein Charles H..
An Economic History of South Africa : Conquest, Discrimination, and Development
Cambridge : Cambridge University Press : 2005 : 1 online resource (328 p.) :
Table of Contents / Abstracts
ISBN: 9781139165457
Search the University Library catalogue
Path dependence, time lags and the birth of globalization: a critique of O'Rourke and Williamson (in European review of economic history, vol 8, 2004)
Flynn Dennis O, Giraldez Arturo
X :
Journal of African history
1997- :
Online access for UMUB
Reading instructions: Hopkins (2009). "The New Economic History of Africa", Journal of African History, 50, pp 155- 177.
The Arab Economies in a Changing World
Noland Marcus, Peterson Institute for International Economics , Pack Howard
2 : Peterson Institute for International Economics : 2011 :
Online access for UMUB
When Did Globalisation Begin? (in European Review of Economic History, april 2002, v. 6, pp. 23-50)
O'Rourke Kevin H, Williamsson Jeffrey G
X :
Once more: When did Globalisation Begin? (in European Review of Economic History, vol 8, 2004)
O'Rourke Kevin H, Williamson Jeffrey G
X :
Individual choice of articles Some 200 pages is recommended