The Internationalisation of Economic Growth, 1870 to the present day

This information is for the 2019/20 session.

Teacher responsible

Dr Eric Schneider SAR.5.18, Prof Christopher Minns SAR.5.12 and Dr Timothy Leunig


This course is compulsory on the BSc in Economic History, BSc in Economic History and Geography, BSc in Economic History with Economics, BSc in Economics and Economic History and BSc in Economics with Economic History. This course is available on the BA in History, BSc in Actuarial Science, BSc in International Relations, BSc in Politics and BSc in Politics and International Relations. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.

Course content

The course examines the inter-relationships between the development of the international economy and the growth of national economies since the late nineteenth century. The course is designed to introduce students not only to a wide variety of topics and issues, but also to the wide variety of approaches used by historians. The course includes analyses of the original leading nation, Britain, and its replacement, the United States, as well as the catch-up of areas such as continental Europe, and the failure to catch-up of earlier well-placed areas such as Latin America. The effects of major events - such as wars and debt crises - are investigated, and we also consider the implications of changing global economic institutions, such as the Gold Standard and IMF, as well as the effects of sometimes rapid changes in product and process technology.


10 hours of lectures and 9 hours of classes in the MT. 10 hours of lectures and 10 hours of classes in the LT. 1 hour of lectures and 1 hour of classes in the ST.

Lectures are held each week with 21 lectures across MT, LT and ST.  A lecture programme and list of topics will be circulated at the first meeting. The lectures are accompanied by weekly classes that develop the material from the lecture in the week before.

There is a reading week in Week 6 of MT and LT.

Formative coursework

Students are expected to write an annotated bibliography, three very short essays and two longer essays during the year.

Indicative reading

The following are particularly useful:

R C Allen, Global Economic History: A Very Short Introduction (2011).

R Floud, J Humphries & P Johnson (Eds), The Cambridge Economic History of Modern Britain, Vol 2 (2014).

B Eichengreen, Globalizing Capital: A History of the International Monetary System (2008).

K H O’Rourke and J G Williamson, Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy (1999).

E Jones, L Frost & C White, Coming Full Circle. An Economic History of the Pacific Rim (1993).

M S Blackford, The Rise of Modern Business in the USA, Britain and Japan.

(A complete reading list and class topics will be given out at the first meeting.)


Exam (100%, duration: 3 hours) in the summer exam period.

Teachers' comment

Survey questions on feedback to students may be non-informative because assessed work comes later in the term than the survey.

Key facts

Department: Economic History

Total students 2018/19: 202

Average class size 2018/19: 13

Capped 2018/19: No

Value: One Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills