| Module Code: ECO2057 |
Module Title: BUSINESS HISTORY |
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Module Provider: Economics
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Short Name: ECO2057
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Level: HE2
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Module Co-ordinator:
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Number of credits: 15
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Number of ECTS credits: 7.5
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| Module Availability |
| Spring |
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module
Mark (%)
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| 2 hour Examination |
70
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| Coursework 1 |
10
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| Coursework 2 |
20
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Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module |
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| Module Overview |
| Business is crucial to the supply-side of any modern economy, and receives considerable treatment in micreconomic theory. The relevance of this theory is often tested in formal statistical models, but history also provides a vehicle for understanding and using tools of eonomic analysis. The current module bases itself on this historical perspective, asking when various functions of modern business became important to economists and to economic performance, charting some significant subsequent developments, and emphasizing the role of technological change and innovation in shaping both organizational forms and the general business environment. |
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| Prerequisites/Co-requisites |
| None |
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| Module Aims |
| To familiarise students with the ways in which both micro-economic and other analytical tools can illuminate our understanding of the historical development of business |
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| Learning Outcomes |
By the end of the module the student will;-
- understand the chronology of the development of business from the Industrial Revolution to modern times
- be aware of the way in which technological change and innovation have helped shape the development of business and industrial organisation
- understand the historical development of competition between different forms of business
- understand the role of economic and technology policy in shaping business history
- be aware of differences in the historical evolution of businesses in different economies
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| Module Content |
Likely topics to be covered include:-
- the Industrial Revolution and the concept of the entrepreneur
- the histoirical origins of modern management and organisational forms
- the 2nd Industrial Revolution and the rise of the joint-stock company, and the origins of the corporate governance debate
- the origins of mass production systems: Fordism and its limits
- science and industry: the rise of the German economy
- the development of arge business corporations in the 20th century
- business groups, networks, and the Asian challeng in the 3rd Industrial Revolution
- the role of finance in business development
- historical analysis of industry policy
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| Methods of Teaching/Learning |
| Lectures (11) with opportunities for class discussion |
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| Selected Texts/Journals |
No single text book provides a source for all material covered in the course. However the following are all recommended.
J.F. Wilson, British Business History, 1720 - 1994, Manchester University Press, 1995
Goeffrey Jones and Jonathan Zeitlin (eds) The OXford Handbook of Business History, Oxford University Press, 2008
Alfred D Chandler, Jr, The Visible Hand; The Managerial Revolution in American Business, Harvard UP 1997
S. Pollared, The Genesis of Modern Management, Penquin Books
D. Hounshell, D From the america System to Mass Production 1800 - 1932, The Development of Manufacturing Technology in the United States, Baltimore and Londin, John Hopkins University Press
A.D. Chandler, J.W. Cortada (eds), A Nation Transformed by Information: How Information Has Shaped the United States from Colonial Times to the Present (Handcover)
L.Hannah, The Rise of the Corporate Economy, London, Methuen 1976
R Coopey, P. Lyth (eds). British Business in the 20th Century, Oxford University Press, 2009
D. Jeremy, A Business History of Britain 1900 - 1990s, Oxford University Press, 1998
There are many articles of use, e.g. The Global History of Corporate Governance: An Introduction, Randall Morck and Lyoyd Steier, NBER Working Paprer no 11062, issued in January 2005
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| Last Updated |
10 March 2011 |
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