Economic History of the World

 

Course title:

Hungarian:

A világgazdaság története

Code:

GT_MNGNE029

English:

Economic History of the World

 

Institute:

Faculty of Economics and Business, Institute of World Economy and International Relations

Prerequisites:

Code:

Type

Classes per week

Requirement

Credit

 Language of instruction:

Lecture(s)

Seminar(s)

Full time

x

per week

2

per week

1

final grade

4

English

Part time

 

 

 

Responsible instructor name:

Janos Mazsu Dr. CSc

academic position

chair, associate professor

Instructor name:

Sándor Nagy

academic position

assistant lecturer

Course goals:This course studies the birth and economic development and of the modern world system from preindustrial times to the early twentieth century.
Competences: Knowledge:

The student is familiar with the basic theories, research methods, international contexts of historical development.

Abilities:

The student is able to interpret the economic progress and the processes of business politics, and to an informed decision-making autonomously

Attitudes:

The student is receptive to receiving new professional skills, to new social information, open new, independent and cooperative tasks.

Include others’ opinions on sectoral, regional, national and European values.

Autonomy, responsibility:

The student takes responsibility for his/her analyses conclusions and decisions.

 

Course content , topics:The purpose of the lecture is to present the history of the birth and development of the modern world economy system, with special focus on the structural and integration processes of the world economy system. Method of our approach: analysis by examining particular area of the economy and its problem in the 19-20 Century. We take examples from hundreds of regional and global processes. We strive to reveal the results and characteristics of the research areas, problems and themes through concrete examples and at the same time present the short and long-term economic and social consequences of the industrial modernization, the nature and progress of globalization. The supplementary objective of the lecture is to show that the economic and social history is a knowledgeable area whose knowledge helps to understand the current economic processes.
Learning methods:Teachers presentation, lectures

Practice: small group processing, team work, student presentations (case studies)

Assessment

  • Regular participation
  • Knowledge of and class work with the required reading
  • Short presentations in the class
  • Final written exam: essay on one of three questions or test

 

  • Class work, presentation 50%
  • Final exam 50%

 

Compulsory readings:

·         Neal, Larry; Cameron, Rondo: A Concise Economic History of the World: From Paleolithic Times to the Present

  • Iván T. Berend and György Ránki: The European Periphery and Industrialization, 1780–1914.

New York: Cambridge University Press; Paris: Editions de la Maison des Sciences de l’Homme, 1982. Pp. 180.

  • Randy Charles Epping : The Beginner’s Guide To The World Economy (Revised Edition 2nd Vintage Books ed Edition)

 

RECOMMENDED READINGS

 

  • Norman J. G. Pounds: An Historical Geography of Europe

 

 

Syllabus / topics

An introduction, syllabus, terms, theories
LO* Understanding of the semester goals and requirements
The “world without world economy” before the emergence of capitalism. Trade in Antiquity and Middle Ages
LO Professional interpretation of the lecture, active use ability
The nature and spatial structures of world trade – first period: 15-16. From the 19th century to the 1780s (the great geographic discoveries – colonialism)
LO Professional interpretation of the lecture, active use ability
The nature and spatial structures of world trade – feudal long distance trade; Triangles of world trade
LO Professional interpretation of the lecture, active use ability
The emergence of a modern world economy and the first era of industrial capitalism (1780-1870)
LO Professional interpretation of the lecture, active use ability
The Second Age of the Modern World Economic System and Monopoly Capitalism (1870-1945)
LO Professional interpretation of the lecture, active use ability
The social history of  industrial modernization (demographic, migration, social mobility)
LO Professional interpretation of the lecture, active use ability, student presentation
World economic regions, centers and peripheries

  • The center region (centrum)
LO Professional interpretation of the lecture, active use ability, student presentations
World economic regions, centers and peripheries

  • Asia
LO Creative use of the learned concepts, interpretations and methods, student presentations
World economic regions, centers and peripheries

  • The Muslim world
LO Creative use of the learned concepts, interpretations and methods, student presentations
World economic regions, centers and peripheries

  • Africa
LO Creative use of the learned concepts, interpretations and methods, student presentations
World economic regions, centers and peripheries

  • South America, Australia
LO Creative use of the learned concepts, interpretations and methods, student presentations
Globalization – the formation of a multipolar world economy
LO  Being prepared to the final examination test
Where does world economy go?
LO Professional interpretation of the lecture, active use ability

*LO learning outcomes

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