Authorised by Academic Registrar, April 1996
Synopsis This subject will be useful to those who seek to understand the broad economic and social contexts in which enterprise has developed in recent times. It will seek to analyse the redistribution of economic power in Europe from the depression of the 1930s to modern times. Topics covered include the economic impact of depression and war; postwar reconstruction and economic development; the development of consensual capitalism; the movement towards West European integration and its effects on the West European economies; the comparative growth rates of the East and West European economies; society and welfare; differences in economic theory and organisation (Western and Eastern Europe); changing patterns of trade and investment; technological and scientific development (emphasising the technological retardation of eastern Europe); the development of monopolistic industrial structures in the West, and state corporations in the East; the changing role of government and trade unions; and changes in the European balance of economic power.
Assessment (8 points) Short paper to be presented to the class (3000 words): 40%) + Long paper either in the form of an essay or report (3000 words): 60%
Assessment (12 points) Short paper to be presented to the class (3000 words): 40% + Long paper either in the form of an essay or report (6000 words): 60%