- Docente: Mauro Carboni
- Credits: 8
- SSD: SECS-P/12
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: First cycle degree programme (L) in Economics and business (cod. 9202)
Learning outcomes
The aim of the course is to outline the process leading to the formation of the modern world economy in a broad institutional, cultural and chronological perspective. Special attention will be devoted to the waves of economic revolutions western Europe was home to and the global impact they had. At the end of the course students are able to: (a) understand the main factors and stages of global and European economic development; (b) grasp the complexity of historical processes; (c) understand concepts, principles and issues drawn from the social and economic sciences; (d) appreciate the constant interplay of economic systems, institutions, social and cultural dimensions.
Course contents
Issues in economic history and theories about economic development
A) Premodern economic conditons and trends (XI - XVIII centuries)
- Agricultural systems and demographic patterns
- A medieval world-system?
- Civilizations and patterns of trade across Eurasia
- The European commercial revolution
- The plague and its conseguences
- Overseas expansion of Europe: globalization and divergence
- War, technology and trade
- The European model of fiscal-military state
- The making of Atlantic economies: emigration, slavery, plantations and empires
- The economies of Asia and European intrusion
- The wheels of commerce:the rise of consumer culture
- Institutions and the financial revolution
- The "unbound Prometheus": the first industrial nation and the great divergence
B) From industrialization to globalization (XIX - XX centuries)
- The spread of industrialization
- State, capitals and technological innovations
- Patterns of economic retardation and recovery
- The "visible hand"
- The great wave of globalization: trade, immigration and capital flows (1870-1914)
- The Economic consequences of World War I
- Competing economic models and their global impact
- The disintegration of the world economy and the great depression of the 1930s
- The new world order and the reintegration of the world economy after 1945
- The golden age of growth and the new welfare state (1950-1973)
- Emerging economies and the process of decolonization
- The oil crisis and the third industrial revolution
- Tigers and dragons: East Asian economic growth and the new global age
- Specialization, globalization and global imbalances
Readings/Bibliography
Required textbooks:
R. Cameron, L. Neal, A Concise Economic History of the World, Oxford University Press, 2015 (5th edition)
F. Amatori, A. Colli (eds), The Global Economy. A Concise History, Routledge-Giappichelli 2019
Lecture slides, additional resources and bibliographic references will be posted on the School e-learning platform:
Teaching methods
Lectures with slides and audiovisual materials
Assessment methods
Written exam based on essay format questions; total time allowed: two hours.
Checking books and notes is not allowed during the exam period.
Students attending classes on a regular basis may present a book review agreed with the instructor to make up part of the final grade.Teaching tools
Blackboard, PC, projector.
Slides and additional recommended readings available on the School e-learning platform.
Office hours
See the website of Mauro Carboni