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Full Description
In this revised and updated edition, An Economic History of Europe re-establishes itself as the leading textbook on European economic history. With an expanded scope, from prehistory to the present, it will be invaluable source for students, educators and researchers seeking to better understand Europe's long-run economic development. The authors cover key themes including the rise of institutions, technological advancements, globalization, and the Industrial Revolution, with a fresh emphasis on the wider impact of economic policies on welfare reflecting a broader understanding of societal well-being. The chronological structure, clear explanations, case studies, and minimal use of complex mathematics make this an accessible approach that allows students to apply economic theories in historical practice. The new edition also connects historical development to urgent contemporary issues such as modern-day sustainability goals. This comprehensive guide provides students with both a historical narrative of Europe's economic transformation, and the essential tools for analysing it.
Contents
Introduction; 1. The making of Europe; 2. Europe from obscurity to economic recovery; 3. Population and resource constraints; 4. The nature and extent of economic growth in the pre-industrial epoch; 5. Institutions and efficiency; 6. Knowledge, technology transfer and convergence; 7. Money, credit and banking; 8. Trade and globalization; 9. Factor markets and globalization; 10. What (should) governments do; 11. Inequalities between individuals, households and nations; Appendix; Glossary.
