This course introduces students to modern (macro-) economic history. The unifying idea of the course is that economic history has a central role to play in informing current debates on the key challenges facing society today: the future of globalization, the origins of financial crises, the factors shaping wealth inequality, the role of monetary and fiscal policy in stabilizing the economy, or the factors supporting or hindering economic development. From a long-run perspective, the course will study the legacy of European imperialism for global development, the link between economic interdependence and conflict, and the rise of private and public debt. Quantitative approaches to macroeconomic and financial history will figure prominently throughout the course.
Pierre LE ROUX,Moritz SCHULARICK
Cours magistral seul
English
Students are required to read the assigned materials for each lecture.
This is an in-depth course. Students should be familiar with essential quantitative methods in the social sciences including descriptive statistics and regression analysis.
Autumn 2022-2023
Students will be required to write an 800-word opinion piece on a question related to course content, and there will be a 2 hour written final exam.
O'Rourke, K. H. (2019). Economic history and contemporary challenges to globalization. The Journal of Economic History, 79(2), 356-382.
Acemoglu, D., Johnson, S., and Robinson, J. (2005). The rise of europe: Atlantic trade, institutional change, and economic growth. American Economic Review, 95(3):547–579
Schularick, Moritz and Alan M. Taylor (2012). Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008, American Economic Review.
Piketty, T., & Zucman, G. (2014). Capital is back: Wealth-income ratios in rich countries 1700–2010. The Quarterly Journal of Economics, 129(3), 1255-1310.