Skip to main content

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 success and failure of several key countries and regions. The long-term changes in world income and population are quantified, the forces that explain the success of leaders are identified and the obstacles that 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 domestic issues or foreign policy. Students will complete the module with a strong understanding of the historiography and a broad knowledge of how the world economy has evolved.

Principal learning outcomes

By the end of the module, the student should be able to: • Have acquired a broad understanding of the evolution of the world economy during the last millennium and specialist knowledge some areas of this that the student finds particularly interesting. • Understand how to apply key macroeconomic theories on growth, trade, and business cycles in a historical context.

Timetabled teaching activities

40 Lecture hours and 9 Support and Feedback classes

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) Assignment 1 20%
  Assignment 2 10%
  Presentation 10%
  2-hour examination (Summer) 60%
VA (Visiting students only) 100% assessed Visiting/Exchange PART YEAR ONLY 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 (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