Login
Student authentication

Is it the first time you are entering this system?
Use the following link to activate your id and create your password.
»  Create / Recover Password

Program

Updated A.Y. 2020-2021

Economic History

University of Rome “Tor Vergata”

Bachelor Degree in Business Administration & Economics

A.Y.  2020/2021

 

 

Instructor

Prof. Giovanni Vecchi - giovanni.vecchi@uniroma2.it

 

Teaching Assistant

Dr. Sédi-Anne Boukaka - sedi.anne.boukaka@uniroma2.it

 

Office hours (room P2 S49)

Prof. Vecchi: On appointment.

 

Course topic

The international economy from the mid-19th century to the present.

 

Attendance

Not recorded, but important.

 

Exam

All students are required to sit a written examination. The test consists of three questions, and lasts 1.5 hours. The exam calendar is available at the webpage of the course. No other dates (pre-exams, exceptional sessions, etc.) can be scheduled.

Note that cheating and plagiarism will not be tolerated. In the event that a student is found cheating during the written exam, the student will get a failing grade. The student will need to sit the written exam again, and will be reported to Director of the CdS.

 

Note

Please always address your communications to both Prof. Vecchi and Dr. Boukaka. Unsigned emails will not be answered.

  

Outline of the course 

  1. The pre-industrial economy and the Malthusian growth model
  2. Britain’s Industrial Revolution
  3. The First Globalization
    • International trade and the Ricardian model
    • The age of mass migration
    • International capital flows
    • The Heckscher-Ohlin model
    • The International Monetary System
  4. WWI – The War Economy and the Economic Consequences of the Peace
  5. The International Economy between the WW: the Great Depression
  6. WWII: Bretton Woods and the Marshall plan
  7. From Europe’s Golden Age (1950-1973) to the present day
  8. Two Centuries of inequality and poverty around the world

 

Lectures and readings

All readings will be available for download at the course webpage. All readings are compulsory, unless otherwise specified.

 

Apr 22

The pre-industrial economy and the Malthusian growth model

Readings:

  • Deaton, A. (2014). The Great Escape, Princeton University Press (Chapter 2).
  • Clark, G. (2008). A Farewell to Alms: A Brief Economic History of the World. Princeton University Press (Chapter 2).

 

Apr 23

Britain’s Industrial Revolution and Modern Economic Growth

Readings:

  • A’Hearn, B. (2014). The British industrial revolution in a European mirror. In R. Floud, J. Humphries and P. Johnson (eds.), The Cambridge Economic History of Modern Britain. Vol. I: 1700-1870.
  • Allen, R.C. (2010). “Why the industrial revolution was British: commerce, induced invention, and the scientific revolution”. Economic History Review.
  • Kuznets, S. (1973). “Modern economic growth: findings and reflections”, American Economic Review, 63(3), 247-258 (not compulsory).

 

Apr 29

The first globalization I (International trade and the Ricardian model)

Readings:

  • O’Rourke, K. and J.G. Williamson (1999). Globalization and History. The evolution of a nineteenth-century Atlantic economy. Cambridge, Mass.: The MIT Press (Chapter 2).
  • Krugman, P. R., Obstfeld M., and M. Melitz (2014). International Economics: Theory and Policy. 10th Edition. Prentice Hall (Chapter 3 - not compulsory).

 

Apr 30

The First Globalization II (Mass Migration and International Capital Flows)

Readings:

  • O’Rourke, K. and J.G. Williamson (1999). Globalization and History. The evolution of a nineteenth-century Atlantic economy. Cambridge, Mass.: The MIT Press (Chapter 6).
  • O’Rourke, K. and J.G. Williamson (1999). Globalization and History. The evolution of a nineteenth-century Atlantic economy. Cambridge, Mass.: The MIT Press (Chapters 11 and 12).

 

May 6

The First Globalization III (The Heckscher-Ohlin Model)

Readings:

  • O’Rourke, K. and J.G. Williamson (1999). Globalization and History. The evolution of a nineteenth-century Atlantic economy. Cambridge, Mass.: The MIT Press (Chapters 1, 3 and 13).

 

May 7

9:00-10:30 The First Globalization (IV – The Heckscher-Ohlin Model)

10:30-10:45 break

10:45-12:00 Gender inequality and women’s work throughout history (Dr. G. Mancini, UTV)

Readings:

  • O’Rourke, K. and J.G. Williamson (1999). Globalization and History. The evolution of a nineteenth-century Atlantic economy. Cambridge, Mass.: The MIT Press (Chapters 1, 3 and 13).
  • Van Nederveen Meerkerk, E. J. (2014). Gender and Economic History. The Story of a Complicated Marriage. The Low Countries Journal of Social and Economic History, 11(2), 175-197. (not compulsory)
  • Costa, D. L. (2000). From Mill Town to Board Room: The Rise of Women's Paid Labor. Journal of Economic Perspectives, 14(4): 101-122.

 

May 13

The First Globalization (V – The International Monetary System)

Readings:

  • Cameron, R. and L. Neal (2002). A Concise Economic History of the World, From Paleolithic Times to the Present. New York: Oxford University Press (Chapter 12).
  • Eichengreen, B. (1996). Globalizing Capital. A History of the International Monetary System. Princeton: Princeton University Press, Ch. 2 (“The Gold Standard”), pp. 7-44.
  • Krugman, P. R., Obstfeld M., and M. Melitz (2014). International Economics: Theory and Policy. 10th Edition. Prentice Hall (Chapter 19 - not compulsory).

 

May 14

The War Economy

Readings:

  • Broadberry, S. and M. Harrison (2009). The economics of World War I: an overview. In Broadberry, S. and M. Harrison, eds., The economics of World War I. Cambridge: Cambridge University Press.

 

May 20

The interwar years

Readings:

  • Feinstein, C.H., P. Temin and G. Toniolo (2008). The World Economy between the World Wars. New York: Oxford University Press (Chapters 1 and 2)
  • Feinstein, C.H., P. Temin and G. Toniolo (2008). The World Economy between the World Wars. New York: Oxford University Press (Chapters 3, 4 and 6).

 

May 21

The Bretton Woods conference and the Marshall Plan           

Readings:

  • Feinstein, C.H., P. Temin and G. Toniolo (2008). The World Economy between the World Wars. New York: Oxford University Press (Chapter 10).
  • Cameron, R. and L. Neal (2002). A Concise Economic History of the World, From Paleolithic Times to the Present. New York: Oxford University Press (Chapter 15).
  • Eichengreen, B. (2006). The European Economy Since 1945. Princeton University Press (Chapter 3).
  • De Long, J. B., and Eichengreen, B. (1991). The Marshall Plan: History’s most successful structural adjustment program (No. w3899). National Bureau of Economic Research (not compulsory).

 

May 27

9:00-10:30 Europe’s Golden Age (1950-1973) to the present day

10:30-10:45 break

10:45-12:00 The Great Convergence (Dr. S.-A. Boukaka, UTV)

Readings:

  • Toniolo, G. (1998). Europe’s golden age, 1950-1973: speculations from a long-run perspective. Economic History Review, LI, 2: 252-67.
  • Eichengreen, B. (2006). The European Economy Since 1945. Princeton University Press (Chapter 4, 8, 9 and 10).
  • Frieden, J. (2006). Global Capitalism. Its Fall and Rise in the Twentieth Century. Norton (Chapter 16).

 

May 28: Two centuries of inequality and poverty around the world

Readings:

  • Baldwin, R. (2016), The Great Convergence. Harvard University Press. Chapters 1-3. (not mandatory)
  • Bourguignon, F., and Morrisson, C. (2002). Inequality Among World Citizens: 1820-1992. American Economic Review, 92(4): 727-744.
  • Lakner, C., and Milanovic, B. (2016). Global income distribution: From the fall of the Berlin Wall to the Great Recession. The World Bank Economic Review, 30(2), 203-232 (not compulsory).