THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2024/2025

Timetable information in the Course Catalogue may be subject to change.

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DRPS : Course Catalogue : School of Economics : Economics

Postgraduate Course: Topics in Economic History (ECNM11041)

Course Outline
SchoolSchool of Economics CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityAvailable to all students
SCQF Credits10 ECTS Credits5
SummaryThis course explores selected topics in economic history. The specific mix of topics will vary from year to year, but will be drawn from a wide range of eras and subjects. This year¿s offerings comprise: the economics of the Irish Famine; Great Divergence; Customs Unions; energy pricing and energy policy in France, the USA and the UK since 1945; the evaluation of financial markets; and pandemics in economic history.
Course description This course explores selected topics in economic history. The specific mix of topics will vary from year to year, but will be drawn from a wide range of eras and subjects. This year¿s offerings comprise: the economics of the Irish Famine; Great Divergence; Customs Unions; energy pricing and energy policy in France, the USA and the UK since 1945; the evaluation of financial markets; and pandemics in economic history.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Macroeconomics 2 (ECNM11022) OR Microeconomics 2 (ECNM11025)
Co-requisites
Prohibited Combinations Other requirements Students should be enrolled on MSc Economics, MSc Economics (Econometrics), MSc Economics (Finance) or MSc Mathematical Economics and Econometrics.
Any other students must email sgpe@ed.ac.uk in advance to request permission.
Information for Visiting Students
Pre-requisitesStudents should be enrolled on MSc Economics, MSc Economics (Econometrics), MSc Economics (Finance) or MSc Mathematical Economics and Econometrics.
Any other students must email sgpe@ed.ac.uk in advance to request permission.
High Demand Course? Yes
Course Delivery Information
Academic year 2024/25, Available to all students (SV1) Quota:  None
Course Start Block 4 (Sem 2)
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 100 ( Lecture Hours 18, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 2, Directed Learning and Independent Learning Hours 78 )
Assessment (Further Info) Written Exam 100 %, Coursework 0 %, Practical Exam 0 %
Additional Information (Assessment) Assessment will be 100% exam.

The exam will be 2-hours in the April/May exam diet.
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Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)2:00
Learning Outcomes
See description
Reading List
The Great Irish Famine, 1845-52:
C. Ó Gráda & K. H. O'Rourke (1997), ¿Migration as disaster relief: Lessons from the Great Irish Famine¿, European Review of Economic History 1(1), pp. 3-25.

J. Mokyr & C.Ó Gráda (2002), ¿What do people die of during famines: The Great Irish Famine in comparative perspective¿, European Review of Economic History, 6(3), pp. 339-363.

E. McLaughlin et al, ¿Scarring and selection in the Great Irish Famine¿ https://www.econstor.eu/bitstream/10419/169141/1/898645573.pdf

Energy policy since 1945:
Martin Chick (2007), Electricity and Energy Policy in Britain, France, and the United States since 1945, Edward Elgar Publishing.

P. Joskow (2001), ¿California's electricity crisis¿, Oxford Review of Economic Policy, Vol. 17, No. 3, pp. 365-88

Customs unions and the political economy of integration
Keller, Wolfgang and Carol H. Shiue (2014) ¿Endogenous formation of free trade agreements: Evidence from the Zollverein¿s impact on market integration¿, Journal of Economic History 74(4): 1168-1204.

Feuerstein, Switgard (2013) ¿From the Zollverein to the economics of regionalism¿, Journal of Economics and Statistics 233(3): 367-388.

Great Divergence:
Broadberry, S. (2021) ¿The Industrial Revolution and the Great Divergence: recent findings from historical national accounting¿, in¿The Handbook of Historical Economics. Elsevier, pp. 749¿771. Available at:¿https://doi.org/10.1016/B978-0-12-815874-6.00031-9.

Galor, O. (2005) ¿Chapter 4 From Stagnation to Growth: Unified Growth Theory¿, in¿Handbook of Economic Growth. Elsevier, pp. 171¿293. Available at:¿https://doi.org/10.1016/S1574-0684(05)01004-X.

Koyama, M. and Rubin, J.T. (2022)¿How the world became rich: the historical origins of economic growth. Cambridge, UK¿; Medford, MA: Polity Press. Material here:¿https://www.howtheworldbecamerich.com/home.

Financial Markets and Financial Crisis in Historical Perspective:
G. G. Acheson, G. Campbell, and J. Turner (2019) ¿Private Contracting, Law and Finance¿, Review of Financial Studies, 32(11), pp. 4156-4195

R. Harris (2000), Industrializing English law: entrepreneurship and business organization, Cambridge.

Pandenomics:
Almond, (2006). Is the 1918 Influenza pandemic over? Long-Term effects of In Utero influenza exposure in the Post-1940 US Population. Journal of Political Economy, 114(4): 672-712.

Beach, Brian, Ryan Brown, Joseph Ferrie, et al. 2022. "Reevaluating the Long-Term Impact of In Utero Exposure to the 1918 Influenza Pandemic." Journal of Political Economy 130(7): 1963-1990.

Doran, A., Colvin, C. L., McLaughlin, E. (2024). What can we learn from historical pandemics? A systematic review of the literature. Social Science & Medicine. Volume 342, 116534.
Additional Information
Course URL www.sgpe.ac.uk
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