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EC104 - The World Economy: History & Theory

  • Module code: EC104
  • Module name: The World Economy: History & Theory
  • Department: Economics
  • Credit: 30

Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

This module explains how the world economy got to be where it is today, focusing on the divergence between rich and poor nations. The long term changes in world income and population are quantified, the forces which explain the success of rich countries are identified and the obstacles which hindered economic advance in lagging regions are explored. The interaction between rich countries and the rest is scrutinised to assess the degree to which backwardness may have been due to Western policy.

Principal learning outcomes

The syllabus is wide ranging. By the end of the module you will have acquired a broad understanding of the evolution of the world economy during the last millennium and a specialist knowledge of those parts you find particularly interesting. You will have been introduced to growth theory, the theory of international trade and money, and business cycle theory.

Timetabled teaching activities

2 lectures per week in the Autumn and Spring Terms, plus 8 seminars.

Departmental link

http://go.warwick.ac.uk/ec104

Module assessment

Assessment group Assessment name Percentage
30 CATS (Module code: EC104-30)
D1 (Assessed/examined work) Assessed Course Work 20%
Assessed Course Work 10%
Assessed Course Work 10%
Examination - Main Summer Exam Period (weeks 4-9) 60%
Assessed Course Work 100%

Module availability

This module is available on the following courses:

Core
  • Undergraduate Economics 3 Year Variants (L100) - Year 1
Optional Core

N/A

Optional
  • Undergraduate Economics 3 Year Variants (L116) - Year 1
  • BA in Sociology (L301) - Year 1
  • BA in Sociology (L302) - Year 1
  • BA in Sociology (L303) - Year 1
  • BA in Sociology (L304) - Year 1
  • BA in Sociology (L305) - Year 1
  • BA in Sociology (with Intercalated Year) (L307) - Year 1
  • BA in Sociology (with Intercalated Year) (L308) - Year 1
  • BA in Sociology (with Intercalated Year) (L309) - Year 1
  • BA in Sociology (with Intercalated Year) (L310) - Year 1
  • Undergraduate Economics, Politics and International Studies (LM1D) - Year 1
  • Undergraduate European Studies with Italian (2+2) (T2R3) - Year 3
  • Undergraduate European Studies with Italian (2+2) (T2R3) - Year 4
  • Undergraduate Philosophy, Politics and Economics (V7ML) - Year 1