OAFP 2155 - History of Economic Policy

OAFP 2155 · Fall semester 2026-2027

Language of tuition
English
Course type
Cours séminaire
Number of hours
24
Credits
4

Information

Description

This course will provide an introduction to the history of government intervention in the economy. It aims to provide some historical background to the themes students are learning in other courses. Topics to be covered include the origins of states, mercantilism, trade policy, monetary and exchange rate policy, the provision of public amenities, regulation, the welfare state, and the deregulation of the 1980s and 1990s. Students will develop a grounding in the history of public policy, and see how basic economics can be help in understanding the real world.

Prerequisites

Students should be comfortable with basic economic and statistical concepts as well as empirical evidence presented in tables and graphs.

Teaching format

Lectures, with readings and slides provided on Moodle

Assessment

There will be an in-class midterm exam accounting for 40% of the grade, and an in-class final exam accounting for 60%.

Workload

Students are expected to have read the required reading for every class.

Readings

Main readings 4

  1. Dellas, Harris, and George S. Tavlas. 2022. "Retrospectives On the Evolution of the Rules versus Discretion Debate in Monetary Policy." Journal of Economic Perspectives 36 (3): 245-260.

    Read online

  2. Irwin, Douglas A. 2024. "Trade Policy in Historical Political Economy." In The Oxford Handbook of Historical Political Economy, edited by Jeffery A. Jenkins and Jared Rubin, 477–492. Oxford: Oxford University Press.

  3. Offer, Avner. 2017. "The market turn: from social democracy to market liberalism." The Economic History Review 70 (4): 1051-1071.

  4. Robert C. Allen. Global economic history: a very short introduction (OUP, 2011), Chapters 8, 9.

    Read online

Further readings 1

  1. Irwin, Douglas A. 2024. "Trade Policy in Historical Political Economy." In The Oxford Handbook of Historical Political Economy, edited by Jeffery A. Jenkins and Jared Rubin, 477–492. Oxford: Oxford University Press.

Teaching units

Unit no.Unit type Teaching unitsTeachers Number of hoursCredits
18186Cours séminaire History of Economic Policy Kevin O'ROURKE244
18890Teaching assistant History of Economic Policy —160