Core Competencies
Possess and understand knowledge that provides a basis or opportunity to be original in the development and/or application of ideas, often in a research context.
Students know how to apply their acquired knowledge and problem-solving skills in new or unfamiliar settings within broader (or multidisciplinary) contexts related to their field of study.
Students are able to integrate knowledge and face the complexity of making judgments based on incomplete or limited information that includes reflections on the social and ethical responsibilities linked to the application of their knowledge and judgments.
Students know how to communicate their conclusions and the knowledge and the reasons behind them to both specialised and non-specialised audiences in a clear and unambiguous way.
Students possess the learning skills that will enable them to continue studying in a way that will be largely self-directed or autonomous.
General Competencies
Understand the main analytical tools from economic history.
Evaluate and compare the different contributions to important debates in economic history from an analytical, methodological and empirical point of view.
To evaluate the internal logic of a scientific publication, examining the consistency between theory, analytical strategy, indicators, results and conclusions.
Understand and know how to synthesize the main theories into one or more contemporary debates in the social sciences.
Specific Competences
To apply models from Economic Science or other Social Sciences to the understanding of the processes of historical change and long-term development.
To determine the impact of institutions and legal systems on economic activity and development.
Learning outcomes
1. Advanced knowledge of research methods in economic history and of the most important debates in the discipline.
2. Ability to use economic analysis both with regard to the decision-making of individual agents, as well as the adjustment of prices and balance of markets and the effect of decisions of consumption, production, investment in the aggregate of the economy.
3. Advanced understanding and use of the fundamental tools used in economic history to study the evolution of economies and living standards in the long term.
4. Ability to apply partial or general equilibrium models to historical problems and debates. In particular to have the ability to evaluate counterfactual exercises using partial or general equilibrium models, as well as to evaluate the effects of aggregate shocks on the evolution of the economy.
5. Ability to understand the formation, functioning and integration of markets, as well as their imperfections (asymmetric information, externalities, uncertainty) based on an advanced knowledge of their historical evolution.