Rise of capitalism
Not offered in 1997
Associate Professor Tony Dingle
6 points
* Two 1-hour lectures and one 1-hour tutorial per week
*
Clayton
* Prerequisites: Any two of ECO1000, ECO1010, or equivalent;
ECO1100, ECO1110, ECO1510 and ECO1520
Objectives On completion of this subject students should understand the broad pattern of economic change in Europe from medieval to early modern times; have critically examined the major explanations for the rise of capitalism in Europe; have developed analytical written and oral skills by writing a long essay and delivering a tutorial paper.
Synopsis This subject studies the historical forces which have shaped the modern market economy. It focuses on the transition from feudalism to capitalism in Europe. Marxist, sociological and economic theories which have been advanced to explain the transition are discussed. The commercial and imperial expansion of Europe into Asia and the New World is charted, as are the varying economic fortunes of Spain, Portugal, Holland, France and England. The emergence of economic institutions is examined. The course concludes with the emergence of industrial capitalism and explores why this came first in England rather than elsewhere.
Assessment Written (2500-word essay): 40%
* Tutorial assessment: 10%
* Examination (2 hours): 50%
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