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Lecturer:
Dr. Veront M. Satchell

Lecture Times:
Tuesday 11:00 – 12:00 Noon Room 02
Thursday 09:00 – 10:00 AM Room59A


H26C: The International Economy Since 1850
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Course Description
Course Outline
The primary aim of this course is to provide students with an overview of the evolution and integration of the world economy since 1850. The course of study involves a cursory examination of the factors facilitating the growth and development of the international economy from 1850 to the creation of the World Trade Organisation. Topics to be discussed include cycles and waves in economic development; the international movement of capital, international migration, technology; commercial policy and the growth of trade; business organisation and the growth of big businesses; the evolution of the international payment system; comparative economic growth and the question of development and underdevelopment.

The history is divided into two time periods viz.1850-1914 and 1915-1990. In each period major developments in labour migration, movement of capital, technical innovations, trade and commercial policy, international payments and the international monetary system are discussed
Teaching Method
Course Work Guidelines

Three classes - Two one-hour Lecture and one one-hour tutorial per week

Evaluation
Assessment
There will be three areas of evaluation as under:
Course Work : 30}
Class participation : 10} 40
Final Examination : 60
Course work comprises of two essays viz. an in-course test examining the first period and a take home essay examining the second, each essay will account for 15% (30% of the final examination grade). A final examination of 2 hours with two questions, one on each period (60 %).
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