World Economy in Historical Perspective

Faculteit Economie en Bedrijfskunde
Jaar 2022/23
Vakcode EBM101B05
Vaknaam World Economy in Historical Perspective
Niveau(s) master, uitwisseling
Voertaal Engels
Periode semester I b
Rooster rooster

Uitgebreide vaknaam World Economy in Historical Perspective
Leerdoelen Upon completion of the course the student is able to:
1. compare and align theories of growth with the facts of history.
2. critically assess main explanations for convergence and divergence.
3. analyze quantitative data and models.
4. reflect on and write about the topics mentioned applying high-level scholarly insights.
5. present individually and discuss academic papers in a scholarly setting.
Omschrijving The aims of this module are to provide at an advanced level the sources and methods of quantitative economic history, together with a review of some major findings of economic historical research of interest to economists. This course deals with selected issues during the period of modern economic growth that is, from the industrial revolution until the present time. Within this time frame growth processes of different parts in the world are discussed and compared. The course will address the issue of transferability or replicability of the Western experience to other regions under different institutional and social conditions. Important questions include: How did globalization begin? When and why did it lead to development or underdevelopment, did it play a role in the great divergence in income between the West and the rest of the world. What was the impact of colonialism and free trade on these regions. What lessons does history teach to countries that want to catch up to the West today? The course focuses on important topics related to modern economic growth: technological progress / general purpose technologies, historical institutional analysis, globalization and the historical geography of economic development and Divergence Big Time: Global economic growth since 1870. Students should achieve an understanding of both how economic historical research can be used to shed light on the current state of the economy and how economic analysis can sharpen our understanding of history.
Uren per week 3
Onderwijsvorm -individuele begeleiding,  -interactief hoorcollege , groepsbegeleiding
(-interactief seminar-tutorial)
Toetsvorm actieve deelname, essay, verplichte aanwezigheid
(essay: groepsopdracht)
Vaksoort master
Coördinator prof. dr. J. Bolt
Docent(en) prof. dr. J. Bolt , G. Lecce, PhD.
Verplichte literatuur
Titel Auteur ISBN Prijs
Selected articles from academic journals Various
Student's choice of articles from academic journals Various
Entreevoorwaarden Introductory bachelor course in Economic History or Development Economics (level: E. Helpman, The Mystery of Economic Growth, London, 2004; David N. Weil, Economic Growth, Singapore, 2009; C.I. Jones, Introduction to Economic Growth, London, 2002; K.G. Persson, An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present, Cambridge, 2010).
Opmerkingen Info: Dr Jutta Bolt, e-mail
Secretary Kim Beute, phone +31(0)50 3637018, e-mail, room 5411.0734
Opgenomen in
Opleiding Jaar Periode Type
Courses Exchange (MSc)  ( Courses Exchange Students (MSc) without limited access) 1 semester I b keuze
DD MSc ED&G - Lund University, Lund (2-jarig)  (basisprogramma DD MSc ED&G - Lund University, Lund (2-jarig)) 1 semester I b keuzegroep
DD MSc IFM - UCSC, Milan (2-year)  (keuzevakken DD MSc IFM - UCSC, Milan) 2 semester I b keuze
MSc Economic Development & Globalization / ED&G  (keuzevak(ken) B MSc ED&G) 1 semester I b keuze
MSc Economics  (keuzevakken A MSc Economics) 1 semester I b keuze
MSc Finance  (keuzevakken B MSc Finance) 1 semester I b keuze
MSc International Business & Management/IB&M  (keuzevakken B MSc IB&M) 1 semester I b keuze
MSc International Financial Management/IFM  (keuzevakken MSc IFM) 1 semester I b keuze
Msc Philosophy, Politics and Economics 1 semester I b keuze