Department of Economics

Course: Economic History of 20th century

Code: HIS201                    

Semester: B

Instructor:

Ι. The inter-war period (1918-1940).

The new international scene and the beginning of USA’s economic domination. The economic reconstruction of Europe. The 1929 crisis. Causes and effects. The state’s interventionism.

II. The 1944-1972 period

Post-war economic order. The Breton-Woods system and the re-establishment of the international payments, finance and trade. The Marshall Plan and the reconstruction of Europe. The Golden Age, 1950-1973. The Reconstruction of the Capitalism and the Mixed Economy.  The role of technology. 

III. The 1973-2000 period

The decades of crisis 1973-1992: The abandon of Breton Woods system. The oil crisis 1973, 1979. Stagflation.  The consequences of the crisis.  The rise of Globalization.

Text Books

Eric Hobsbawm, Age of Extremes, The Short Twentieth Century, 1914-1991, Michael Joseph, 1994

Ivan Berend, An Economic History of Twentieth-Century Europe. Economic Regimes from Laisser-Faire to Globalization, Cambridge University Press, 2006  

Credits

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