Economic History l

Curriculum guideline

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Course
ECON 1110
Discontinued
No
Course code
ECON 1110
Descriptive
Economic History l
Department
Economics
Faculty
Commerce & Business Administration
Credits
3.00
Start date
End term
202030
PLAR
No
Semester length
15 Weeks X 4 Hours per Week = 60 Hours
Max class size
35
Contact hours
Lecture: 3 Hours Seminar: 1 Hour Total: 4 Hours
Method(s) of instruction
Lecture
Seminar
Learning activities

Lecture and seminar

Course description
Productive resources have been organized in many ways by societies, from free peasant and slave economies to feudal economies and, finally, to the hybrids of Capitalism and Socialism that we observe currently. This course will provide students with an economics' perspective on the development of society from the dawn of civilization up to, and inclusive of, the Industrial Revolution. Theories of economic development will be discussed, and the impact of changing economic circumstances on the development of civilization, religion, social organization, government and economic thought will be examined.
Course content
  1. The relationship between economic theory and economic history.
  2. Transition from nomadic to agricultural economy.
  3. Early Greek and Roman economic development.
  4. The Western Mediterranean and the Roman Republic.
  5. The medieval economy in Western Europe.
  6. The rise of the manorial system.
  7. Early Capitalism.
  8. Mercantilism as a theory of economic development.
  9. The Industrial Revolution.
  10. The classical economists:  Smith, Malthus and Ricardo.
  11.  Problems of economic transition in underdeveloped countries.
Learning outcomes

At the end of the course the student will be able to:

  1. demonstrate a knowledge of the economic factors which have shaped the modern world and the ideas and theories that have contributed to the economic system under which we live;
  2. apply the economic factors which shaped the early Western World to the problems of economic transition in underdeveloped countries.
Means of assessment
Term Tests 30% - 50%
Assignments and/or Papers 10% - 30%
Final Exam 30% - 40%
Participation and/or Quizzes          0% - 10%
Total        100%
Textbook materials

Textbooks and Materials to be Purchased by Students

 

De Vries, Jan.  The Economy of Europe in an Age of Crisis 1600-1750, Latest Ed.  Cambridge University Press, paperback edition.

 

Duby, Georges.  Rural Economy and Country Life in the Medieval West.  Latest Ed.  University of South Carolina.

 

North, Douglas C. and Robert Paul Thomas.  The Rise of the Western World,  Latest  Ed.  New York:  Cambridge University Press.

 

Supplementary material may be chosen from the following, as determined by the instructor:

 

Duby, Georges.  The Early Growth of the European Economy, Latest Ed.  Cornell.

 

Pounds, N. J. G.  An Economic History of Medieval Europe, Latest Ed.  Longman Group.

 

Morris, A. & Sayer, J.  The Worlds of Economics – a vailable on reserve

 

Heath, Joseph.  The Efficient Society, Latest Edition.  Penquin.