Academic Year/course:
2023/24
525 - Master's in Economics
61342 - Economic Development in Historical Perspective
Syllabus Information
Academic year:
2023/24
Subject:
61342 - Economic Development in Historical Perspective
Faculty / School:
109 - Facultad de Economía y Empresa
Degree:
525 - Master's in Economics
ECTS:
3.0
Year:
1
Semester:
Second semester
Subject type:
Optional
Module:
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1. General information
Economic Development in Historical Perspective shares the objective of the applied economics subjects to complement the theoretical and instrumental training received in the first four months of the master's degree. The aim of this subject is to provide the student with a better understanding of the phenomena of economic growth and development through the historical analysis of real economic facts. These aspects structure the whole syllabus.
Such approaches and objectives are aligned with the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda. The acquisition of the learning results of the subject, both through theoretical expositions and text discussion, provides training and competence to better understand the aforementioned SDGs and their historical configuration, especially the End of Poverty (Goal 1), and Hunger (Goal 2), as well as the Reduction of Inequality (Goal 10).
2. Learning results
The student, in order to pass this subject, must demonstrate the following learning results:
To be able to have a complete vision of the nature and characteristics of the processes of modern economic growth and development in the last two centuries.
To have a profound vision of the existing debate on the proximate and fundamental causes of economic growth both from a theoretical perspective and from the application of the latter to the analysis of the real processes developed in the last two centuries.
To be able to know and understand the most relevant consequences of modern economic growth and development, especially in relation to its connection to the natural environment, the processes of economic globalization, interpersonal and spatial disparities in income distribution, as well as public intervention in the economy.
3. Syllabus
1. Presentation of the subject.
2. The Great Evasion and the Great Divergence.
3. Long-term growth: causes (I)
4. Long-term growth: causes (II)
5. Consequences of economic growth: the historical evolution of interpersonal income inequality.
6.- Economic growth in Europe.
7. The first wave of globalization and economic growth outside Europe (I).
8. The first wave of globalization and economic growth outside Europe (II)
9. Developed countries in the second half of the 20th century (I)
10. Developed countries in the second half of the 20th century (II)
11. Rise and fall of centrally planned economies.
12. The development of Latin America in the second half of the 20th century.
13. The development of Asia in the second half of the 20th century.
14. Africa's backwardness in the second half of the 20th Century
4. Academic activities
The learning process designed for this subject is based on the development of the following activities:
-Theoretical classes with explanations by the teacher as an introduction to the different chapters of the program.
-Reading of cutting-edge research articles in economic history on the topics of the subject. -Preparation of a brief review of the weekly reading.
-Short exposition by students of a selected reading for each chapter.
-Open discussion to the whole class of these articles in the general context explained by the teacher in class.
5. Assessment system
Assessment system
A. Continuous assessment The student who attends class (with a maximum limit of two absences) must demonstrate that they has achieved the expected learning results through the following assessment activities:
-Weekly submission of summaries of readings or, where appropriate, of quizzes and short papers assigned by the teachers.
-Presentations to the teacher and the rest of the students of the readings and materials previously assigned by the
teachers or, where appropriate, preparation and presentation of a short paper to be presented in class.
-Active participation in discussions on each topic, guided by the teachers.
B. Final assessment. Those students who do not pass the continuous assessment, have not met the attendance criteria or wish to improve their grade, must take a final test consisting of specific questions on the subject´s topics. Students must rely on the readings and theoretical materials of the subject to answer these questions. The test will be carried out by means of a task in the ADD (Anillo Digital Docente) for a maximum of three hours.
In both the continuous and the final assessment, the criteria will be maturity, originality and mastery of the issues raised.