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Development of the American Economy



Prof. Dr. Moritz Schularick HS: Development of the American Economy (2 SWS) The seminar explores key issues in American economic history from the 19th century until today. Topics covered in depth include: the economics of slavery; the relations between tariff protection and growth in the late 19th century; the importance of trade and international capital markets for US growth; the operations of the gold standard; the policy responses to the Great Depression; the role of the US in the post-WW2 international monetary system; the economic history of inequality; the link between finance and growth. The seminar aims to introduce students to quantitative research methods and to identify potential research topics for a diploma or master thesis. Willingness to engage in empirical research and acquire statistical skills is required. Students not familiar with American economic history are encouraged to take the parallel course “Survey of American Economic History”. The seminar will be taught in English if the participation of international students is thereby encouraged. Home work and essays can be written in German or English. Ability and willingness to read English texts is quintessential in any case. Texts and presentations will be made available on the institute’s e-learning platform. Presentation skills including the appropriate use and interpretation of graphs and tables will also be trained. Terms and conditions apply: active participation, one 15 min. class-room presentation, two short essays (not exceeding 1500 words) and a final essay of approximately 15 pages on a complex question to be handed in by April are required. Students wishing to participate in this seminar need to register early with the department of economics (R 232, Tel. 838 536 03, economics@jfki.fuberlin. de). A detailed list of seminar topics and an introductory reading package will be available to interested students in September. Students are encouraged to sign up early for presentations. In any case, students need to attend the first session where the presentation schedule will be finalized. All written course work must be send to econarchive@jfki.fu-berlin.de to be considered fulfilment of the course requirements.