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Economic History Courses at NHH: options for Bachelor students

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• HIS010 – International Economic History since 1750

Bjørn Basberg & Liam Brunt

(English)

• HIS011 – Norwegian Economic History since 1800

Ola Grytten

(Norwegian)

• HIS012 – Historical Development of Modern Business

Bjørn Basberg (on leave until 2016)

(Norwegian)

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Historical Development of Modern Business

• Offers an international perspective on business

development over the last 200 years

• Considers the importance – and evolution – of

factors such as: entrepreneurship, technology,

financing, labour relations, transport and

communications, internationalization, regulation

• Supplemented with several in-depth case studies of

major Norwegian businesses

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Norwegian Economic History since 1800

• Examines the major developments in the Norwegian

economy over the last 200 years

• Examines the development of major variables such

as national income, living standards, trade

• Considers the role of institutions – such as

government and unions – and the preconditions for

successful development

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International Economic History since 1750

• Examines the onset of modern economic growth

around the world: from England in 1750, to

Europe/North America in 1850, to developing

countries today

• Considers the role of key institutional arrangements,

such as the gold standard, empires, IMF/World Bank

• Analyzes global set-backs: the Great Depression,

the Oil Shock

• Uses case studies to illustrate key developments

• Integrates economic theory with economic history

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In general,

• Economic history tends to tackle broader questions

than most other courses (eg the impact of the state

of the economy on democracy)

• Tends to proceed inductively, rather than deductively

• More reliance on verbal reasoning, less on

mathematical exposition

• Many parallels between historical episodes and

current events (eg Great Depression v. Great

Recession): ”Nothing new under the sun”