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KINT 7585 - International History of Economic Policy

Type d'enseignement : Lecture alone

Semester : Autumn 2018-2019

Number of hours : 24

Language of tuition : English

Voir les plans de cours et bibliographies



Course Description

The course breaks with the standard historical approach to the analysis of economics and economic policy. This allows the course to achieve three aims: (1) make the discussion of economic ideas less abstract, setting them in the context of the real economic problems policy-makers had to face at the time; (2) highlight the interaction of political and economic considerations that policy-makers have to consider; and (3) show how much the relative importance of different economic problems has fluctuated over the decades. The course covers economic policy during four main periods: pre-WWI liberalism; the rise of non-market and anti-market policies in the 1920s, 1930s and during WWII; the post-war Keynesian and Communist stabilisations and their collapse; the new liberal "great moderation" and its collapse. It also covers five main complexes of policy problems which recur over the four historical periods: depression and secular stagnation, private and non-private property regimes, inflations and hyper-inflations, command and war economics, free trade and protectionism.


ROSTOWSKI, Jacek (Professeur)

Pedagogical format

Although the course is formally a lecture course, I intend it to be as "interactive" as possible, with students encouraged to ask questions, make comments and discuss what the lecturer has said. I may also ask some students to prepare brief reports on a topic which is important, but subsidiary, to the main line of the lectures.

Course validation

A 3,000-word essay, on a subject to be chosen by each student (50% of total mark); - A 2-hour take-home final exam (50% of total mark).

Required reading

  • Ben S. Bernanke, Essays on the Great Depression, Princeton University Press, 2000
  • Thomas J. Sargent, Rational Expectations and Inflation, Harper and Row, 1986
  • P.J.D. Wiles, The Political Economy of Communism, Harvard University Press, 1962

Plans de cours et bibliographies