Productive resources have been organized in many ways by societies, from free peasant and slave economies to feudal economies and, finally, to the hybrids of Capitalism and Socialism that we observe currently. This course will provide students with an economics' perspective on the development of society from the dawn of civilization up to, and inclusive of, the Industrial Revolution. Theories of economic development will be discussed, and the impact of changing economic circumstances on the development of civilization, religion, social organization, government and economic thought will be examined.
- The relationship between economic theory and economic history.
- Transition from nomadic to agricultural economy.
- Early Greek and Roman economic development.
- The Western Mediterranean and the Roman Republic.
- The medieval economy in Western Europe.
- The rise of the manorial system.
- Early Capitalism.
- Mercantilism as a theory of economic development.
- The Industrial Revolution.
- The classical economists: Smith, Malthus and Ricardo.
- Problems of economic transition in underdeveloped countries.
Methods of Instruction
Lecture and seminar
Means of Assessment
||30% - 50%
|Assignments and/or Papers
||10% - 30%
||30% - 40%
|Participation and/or Quizzes
|| 0% - 10%
At the end of the course the student will be able to:
- demonstrate a knowledge of the economic factors which have shaped the modern world and the ideas and theories that have contributed to the economic system under which we live;
- apply the economic factors which shaped the early Western World to the problems of economic transition in underdeveloped countries.
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester/year of the course, consider the previous version as the applicable version.
Below shows how this course and its credits transfer within the BC transfer system.
A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.
For more information on transfer visit the BC Transfer Guide and BCCAT websites.
If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.