The module aims to introduce students to the problems and features of the international economy during the twentieth century. Understanding the booms and the crises of the last century will help the students analyse contemporary events in a historical perspective. It will also contribute to an understanding of general patterns of growth and recessions and how policies can matter.
Principal Learning Outcomes
By the end of the module the students should be able to demonstrate a good knowledge and understanding of the international economy in the 20th century. Starting with the first phase of globalization, the students will have knowledge of the different aspects of globalization and the factors that led to the Great Depression of 1929. The students will gain an understanding of the second phase of globalization after 1945 and the factors that led to rapid growth in some regions such as Europe and East Asia. They will also get to know the factors which led to Africa’s economic decline.
The module will typically cover the following topics:
Interwar Years: changes in the international economy
The Great Depression and Recovery
Golden Age in Europe: Post war reconstruction and high growth
East Asian Miracle and Africa’s growth tragedy
- Optional Module
- LM1D (LLD2) - Year 3, L116 - Year 3, V7ML - Year 3, LA99 - Year 3, L100 - Year 3, L1L8 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, V7MP - Year 3, L1P5 - Year 1, L1PA - Year 1, V7MR - Year 3, LM1H - Year 4, GL12 - Year 4, GL11 - Year 3, L103 - Year 4, V7MM - Year 4
- Pre or Co-requisites
- EC201 + EC202 or EC204.
- Not available to non-final year students on Economics-based degrees.
- Part-year Availability for Visiting Students
- Available in the Spring term only (1 x 2000 word essay - 12 CATS) and in the Spring and Summer terms together (1 x 2000 word essay and 1 x 2 hour exam – 15 CATS)
- Assessment Method
- Coursework (20%) + 2 hour exam (80%)
- Coursework Details
- One assignment (2000-word essay) (20%)
- Exam Timing
Time Allowed: 2 hours.
Answer TWO questions ONLY. All questions carry equal marks (50 marks each).
Approved pocket calculators.
Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.