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DRPS : Course Catalogue : School of History, Classics and Archaeology : Economic and Social History

Undergraduate Course: New Zealand and the World Economy, 1870-1939 (ECSH10050)

Course Outline
SchoolSchool of History, Classics and Archaeology CollegeCollege of Humanities and Social Science
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThe course will examine New Zealand's economic growth and income distribution 1870-1939. Particular attention will be paid to the period following the development of the refrigerated trades, which transformed the composition and the volumes of the Dominion's exports. Modern debates surrounding the consequences of globalisation for the resource abundant economies of the periphery will be introduced, and used to inform New Zealand's experience. The connections between staple exports, economic fluctuations, and intensive growth will be examined. The implications for income distribution will be considered by investigating the course of wage rates and the price of land in New Zealand compared to other parts of the world.

New Zealand's idiosyncratic responses to the challenges and the opportunities of globalization, including those associated with public policy, will be assessed. Notable among the Dominion's responses were the shifts to more widespread landownership and intensive farming, which contrast with the experience of some other economies of the periphery. Whether New Zealand's responses to the world market created prosperity or, eventaually, set in motion forces that led to instability and depression is the central theme of the course. The underpinning of New Zealand's long depression of the 1920s and early 1930s will be considered. Attention will also be paid to the reasons for New Zealand's remarkably fast recovery of the 1930s, and to her eventual pursuit of insular economic policies.
Course description Not entered
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements A pass or passes in 40 credits of first level historical courses or equivalent and a pass or passes in 40 credits of second level historical courses or equivalent.
Before enrolling students on this course, Directors are asked to contact the History Honours Admission Secretary to ensure that a place is available (Tel: 503783).
Information for Visiting Students
Pre-requisitesNone
Course Delivery Information
Not being delivered
Learning Outcomes
Students undertaking this course will acquire:

o A substantive knowledge of New Zealand's economic history, and of how it was shaped by thy wider forces of the world economy.
o An understanding of the theoretical perspectives of how trade, and capital and labour flows influence economic growth and income distribution.
o An awareness of the quantitative record of New Zealand's economic growth, and of the sources upon which it is based.
o An ability to undertake in-depth economic-historical analysis and to present a coherent argument both verbally and in written-form, employing a range of literary, theoretical, and data-analytical skills.
Reading List
None
Additional Information
Graduate Attributes and Skills Not entered
KeywordsNew Zealand
Contacts
Course organiserProf David Greasley
Tel: (0131 6)50 3838
Email: David.Greasley@ed.ac.uk
Course secretaryMrs Caroline Cullen
Tel: (0131 6)50 3781
Email: caroline.cullen@ed.ac.uk
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