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ECO301: World Economic History

Instructor: Altuğ Yalçıntaş
Institution: Ankara University, Faculty of Political Sciences
Semester: Fall 2025
Class Time & Location: Thursdays, 10:00 | Room 118


Course Description

This course introduces students to the study of world economic history, a discipline that examines the evolution of economies, institutions, and societies through both data and narrative. It emphasizes how past choices and chance events have shaped the present, drawing on empirical data, comparative analysis, and interpretive frameworks.

Students will explore major themes including:

  • The Industrial Revolution
  • Comparative development
  • Inequality
  • The historical roots of globalization

This course is distinct from History of Economic Ideas: whereas that course focuses on theories and thinkers, World Economic History centers on facts, processes, institutions, and long-term trajectories.

By engaging with both quantitative evidence and historical interpretation, students will learn how the past informs present economic realities and develop skills in comparative and critical analysis.


Learning Outcomes

By the end of this course, students should be able to:

  1. Understand the methodological foundations of economic history (data + narrative).
  2. Explain how path dependence and contingency shape economic outcomes.
  3. Compare and contrast the economic trajectories of different countries and regions.
  4. Critically evaluate contemporary economic issues in light of historical processes.

Required and Supplementary Materials

Required Textbook

Main Data Source

Supplementary Readings and Watchings


Course Requirements and Assessment

Assessment Structure

Component Weight
Midterm Exam 40%
Final Exam 60%

Attendance:
Elective; no attendance will be taken. However, regular participation is strongly recommended for success.

Assignments:
None. Independent engagement with the textbook and lectures is expected.


Course Outline

Topic 0 – Introduction

Topic 1 – Setting the Scene

Topic 2 – Contingencies, Innovations, and Business Cycyles

  • [Structured Summary](not available) | PPT Files

Topic 3 – Varieties of Capitalism

Topic 4 – Institutions

Topic 5 – Reformation and Enlightenment


Instructor’s Page

For additional resources, updates, and readings, visit the instructor’s Notion page:
https://ayalcintas.notion.site


© 2025 Ankara University, Faculty of Political Sciences — ECO301 World Economic History

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