European Economy

In this course major economic concepts will be taught in a non-formal way. These analytical tools will be used to discuss current characteristics and major developments of the European Economy after World War II on the basis of empirical evidence, of which much is interpretation of statistical evidence. At the front of attention are determinants of economic growth. Among questions to be addressed are: Which factors contributed to the massive growth record of European economies in the first decades after World War II? Which structural differences among the European economies exist and how did these emerge over time? In which extent and in which way did the European commodity market integration contribute to economic growth?

A candidate who passes this course is expected to have the following learning outcome:
Knowledge:
-broad knowledge about the economic development in Europe after World War II
- the ability to apply basic economic theories, perspectives as well as tools common in economics and economic history, such as interpreting statistics
Skills:
- ability to critically interrogate the concepts, theoretical assumptions and established perspectives of the field
- ability to write an independent, well-structured analytical essay, using the relevant empirical knowledge and theoretical perspectives of the field

Lectures and obligatory term paper.