2016 The World Economy: ChinaECON 330 studies the development of the world economy up to 1800 and examines the factors that determined it was Western Europe rather than China that came increasingly to dominate the world economy after 1350 or so and to 1800 and that it was in Western Europe where the Industrial Revolution first began, rather than in arguably the greatest civilization of history, China (or in India for that matter). ECON 331 deals with the diffusion of the Industrial Revolution from Western Europe to the United States and Japan after 1800 but not others such as China or India, but how all economies in the world were profoundly influenced by it, such as China and India, for better or worse, and what bodes for the future now that China and India are industrializing and urbanizing very rapidly. These questions mark a great watershed or divergence in world economic history, the underlying causes of which are still not yet entirely understood. Program Type:
Group Study Program (GSP) |
