Philosophy & Economics

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Veranstaltungstitel Foundations of Economic History III: States and Institutions
Kennzeichen 55720 + 55721
Veranstaltungsart Vorlesung & Seminar
Fachgruppe Ökonomie (VWL)
Semester Winter 2019
Dozent(en) Sebastian Teupe
Empfehlung(en) Studiensemester 3. Semester (P&E Bachelor)
5. Semester (P&E Bachelor)
Bereich(e) E6: Spezialisierung Economics
Ö6: Veranstaltungen eigener Wahl


The course will discuss the question, how economic policy contributed to economic evolution using examples from European and US-American economic history. Can we identify cases in which economic policy promoted or hindered economic growth? How did politics interfere with the economy? And in general: What kind of formal and informal institutions do we need to generate an increase of the wealth of nations?

The course will start off with an overview over historical periods of state intervention, reaching from mercantilism to modern “neoliberalism”. This will cover especially the size of state expenditure over time and the evolution of sovereign debt in the “western” countries. Furthermore, the course will cover different types of other economic institutions: First and foremost, this includes modern corporations, their internal efficiency as well as their relations to states and markets. Second, we will discuss different legal systems and their role in history. A third field of consideration will be households and labor force.

The course requires a good knowledge of and interest in the economic history of the “western world” and is organized on the base of cases, for that the context should be known. The historical overview of the lecture will be deepened in the seminar.



Acemoglu, Daron / Robinson, James A., Why Nations Fail, New York 2012.

Boyce, Gordon / Ville, Simon, The Development of Modern Business, Basingstoke 2002.

Rogoff, Kenneth S. / Reinhart, Carmen M., This Time is Different, Princeton 2009.


Erfordernisse zum Punkteerwerb

Zugehörige Termine
von - bis Ort  
Tue., 10:00 - 12:00 Uhr 3.12 (Prieserstr.)
Tue., 16:00 - 18:00 Uhr S 78 (NW II)