Dr Roman Studer, CMK. C322

BSc Economic History, BSc Economic History with Economics, BSc Economics and Economic History, BSc International Relations and History, BSc Economics, BSc Economics with Economic History, BA History, BSc Management and BSc Accounting and Finance. This course is also available as an outside option to students on other programmes and is open to General Course students.

This course examines major economic policy developments in advanced economies from World War I up to the present. Its organization will be chronological and it will deal with both major international as well as domestic policy issues.

Topics covered will include the Gold Standard and its breakdown, causes of and responses to the Great Depression, the establishment and the performance of the Bretton Woods regime, the Marshall plan, free trade vs. protectionism, growth and development policies, the integration of global capital markets, migration and labour market regulations, social spending and redistribution, regional integration, the rise of global business and the role of the nation state in the global economy, new public management and the governance of the global economy.

20 Lectures in MT and LT, with directly related classes. In addition a revision session is offered in the ST.

A detailed reading list will be provided at the beginning of the course. No single work covers the course entirely, but the following list offers a good starting point on the various topics covered in the course: F Bourguignon et. al., Making Sense of Globalization: A Guide to the Economic Issues (2002); P Lindert, Growing Public: Social Spending and Economic Growth Since the Eighteenth Century (2004); M Obstfeld & A. Taylor, Global Capital Markets: Integration, Crisis and Growth (2004); Eichengreen, The European Economy Since 1945 (2007); T Hatton & J Williamson, Global Migration and World Economy: Two Centuries of Policy and Performance (2006); C. Gilbert & D Vines, The World Bank: Structure and Policies (2000); A Drazen, Political economy in macroeconomics (2000); R Gilpin, Global Political Economy (2001).

Students are expected to write four essays or equivalent pieces of written work.

Three hour written examination in Summer Term (100%).