COURSE DESCRIPTION: This course examines the evolution of the world economy from the late-19th century to the present. Our purpose is to describe the historical trends in the international economy and explain the causes and the consequences of these trends. We examine three periods: The Golden Age(1870-1913), which was the first modern era of economic globalization. The Golden Age came to an end during the Interwar Period (1919-1939), which saw nations abandon the world economy and turn inward behind high protectionist trade barriers and restrictions on international capital flows. The third period, Postwar Globalization (1945-2018), witnessed the gradual reemergence of the world economy, but that trend that is now threatened by crises in global finance and a rising tide of right-wing populism.
SECTION LEARNING OBJECTIVES: In section, students should be able to:
Clarify their understanding of topics introduced in lecture
Apply economic and political theories to historical and contemporary events
Practice using the endowments, interests and institutions framework to explain international outcomes
A full section syllabus is provided here. Office hours will be in SSB 446 on Tuesdays 12-1pm.