ECC4500 - Long-run economic change - 2018

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate, Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Professor Gary Magee


Professor Gary Magee

Not offered in 2018


This unit will introduce students to the field of long-run economic growth and performance. Two key questions are addressed: why do certain economies persistently perform more successfully than others, and how is leadership in the global economy achieved and maintained? Students completing this unit will be able to explain and describe the pattern of long-term economic growth, leadership and decline in the world economy since the industrial revolution; evaluate the role of culture, institutions and the environment in economic change; and apply the methods of historical economics to contemporary economic debates.


The learning goals associated with this unit are to:

  1. evaluate critically contrasting views about the determinants of long-run economic change
  2. analyse the processes of long-term economic growth and decline
  3. analyse a variety of different approaches, including the historical and institutional, that can be used to supplement traditional economic analysis and policy making
  4. explain and analyse the main issues and debates in the field of historical economics
  5. explain and describe the main contours of the development of the world economy
  6. better contextualize and analyse contemporary economic events.


Within semester assessment: 40% + Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information