Marmara University
Department of Economics

A. Suut Doğruel

2017-2018, Fall

e-mail: suut.dogruel@marmara.edu.tr
http://mimoza.marmara.edu.tr/~suut.dogruel

ECON 2013 Economic History

Room: A106, Monday 13.00-13.50

Office Hours: Wednesday 10.30-12.30

The objective of the course is to introduce the long-term development of economies. The course focuses on how economies have evolved the basis of economic growth, and the reasons of economic divergence in developed and developing countries. This course covers the development of the world economy from ancient times to the recent past with a special emphasis on the European economies.

 

 

OUTLINE

 

1. Introduction and Overview

Cameron: 1993, Chap 1

 2. Pre-Modern Economic Dynamics before Industrial Revolution

 Ancient Economies

Cameron: 1993, Chap 2; pp. 20-32

 Institutions and Economic Development: Roman Empire

Cameron: 1993, Chap 2; pp. 32-43

 Growth of Commerce

Allen: 2011: Chap. 1 and 2

 3. The Great Divergence

 Industrial Revolution

Allen: 2011: Chap. 3

 Two Waves of Globalization

Baldwin and Martin: 1999

 Colonialism

Acemoglu and Robinson: 2017

Allen: 2011, Chap. 6 and 7

 4. Crises

 Money and Prices

Dogruel and Dogruel: 2006 Chap 2

 Rise and Fall of Bretton Woods: From Great Depression to Oil Shocks

Romer: 1993

Hamilton: 2011

 Labor Markets

Licht: 1988

China Labour Bulletin: 1996

 5. Other Cases in Historical Perspective

 Late Industrialization

                        Allen: 2011: Chap. 8

 Ottoman Empire

Pamuk: 2009

 

Readings:

 

Acemoglu, Daron and Robinson, James A., 2017, Chapter 7: The economic impact of colonialism, in Eds. Michalopoulos and Elias Papaioannou, The Long Economic and Political Shadow of History - Volume I: A Global View, A VoxEU.org eBook, January 2017
 
Allen, Robert C., 2011, Global Economic History: A Very Short Introduction, Oxford University Press.
 
Baldwin, R. E. and Martin, P., 1999, “Two Waves of Globalisation: Superficial Similarities, Fundamental Differences.” NBER Working Paper No. 6904 (December).

Cameron, Rondo, 1993, A Concise Economic History of the World: From Paleolithic Times to the Present, Second edition, Oxford University Press.

China Labour Bulletin, 1996, “China from Slavery to Slavery: Workers in Foreign-Invested Enterprises,” China Labour Bulletin - March 1996.
 
Dogruel, F. and Dogruel, A. S., 2006, The History of Inflation in Turkey, Central Bank of the Republic of Turkey and the Economic and Social History Foundation of Turkey, Istanbul.
 
Hamilton, J. D., 2011, “Historical Oil Shocks” NBER WP 16790
 
Licht, W., 1988, “How the Workplace Has Changed in 75 Years,” Monthly Labor Review, February, pp. 19-25.
 
Pamuk, Ş. 2009, "Changes in factor markets in the Ottoman Empire, 1500–1800", Continuity and Change, No. 24, pp. 1-30.
 
Romer, C. D., 1993 “The Nation in Depression,” Journal of Economic Perspectives, V. 7, N. 2, pp 19–39.
 

Supplementary Readings:

Clark, Gregory, 2007, A Farewell to Alms: A Brief Economic History of the World, Princeton University Press, Princeton and Oxford.

Maddison, Angus, 2007, Contours of the World Economy, 1–2030AD: Essays in Macro-Economic History, Oxford University Press Inc., New York.

Eichengreen, B. and  O’Rourke, K. H., 2012, “A tale of two depressions redux”
http://www.voxeu.org/article/tale-two-depressions-redux
 
Eichengreen, B. and  O’Rourke, K. H., 2010, “What do the new data tell us?”
http://www.voxeu.org/article/tale-two-depressions-what-do-new-data-tell-us-february-2010-update

Özmucur, S. and Pamuk, Ş., 2002, “Real Wages and Standards of Living in the Ottoman Empire, 1489-1914”, The Journal of Economic History, Vol. 62, pp. 292-321.

 Engerman, S. L. and Sokoloff,  K. L., 2006,  “Five Hundred Years of European Colonization: Inequality and Paths of Development”