Economic History: The Global Economy

The course is made up of three sub-courses relating to different themes. In the first sub-course you are introduced to the subject of Economic History. The main issues are the agricultural transformation, international market integration, and international movement of labour, goods, and capital. In the second sub-course you will explore the long-term trends in income distribution within and between countries, taking account of conditions such as population density, land distribution, institutions, etc. In the final sub-course you will investigate the emergence and development of the international monetary and financial system, from the metal currency standards of the 19th century to the contemporary, heterogeneous system.