This course is only available for students in the BA International Studies programme.
Limited places are also open for exchange students.
Please note: this course takes place in The Hague. Traveling between University buildings from Leiden to The Hague may take about 45 minutes.
The course “Economy: North America” is designed to provide an overview of economic and economic policy developments in North America since the time of the New Deal, with an additional emphasis on how North American developments have impacted and been impacted by global economic and economic policy forces. The sweeping policy changes crowned in the 1930s cemented the modern American economic order which forms the baseline for subsequent developments. The military-industrial complex, Reaganomics, and the internet revolution, and the significance of the ‘Tea Party’ will form topics of study. Apart from a few ultimately unfounded ‘scares’ (such as the Japanese challenge of the 1980s), American economic hegemony seemed to go only up and up until the crash of 2008. Will this prove to have been a pivotal turning point in global economic history? What lessons can we learn from the ‘American model?’. How much of it was the result of policy, institutions, path dependencies, and/or just plain ‘dumb luck'? What role have the U.S.’ closest neighbors in Mexico, Canada, and the Caribbean played in this story – how much freedom, economic, political, and cultural, do they actually have?
Having completed this course, it is hoped that students will look back on it as a foundational moment in their understanding of the historical and ongoing importance of North American economic power as a major player in global human development.
Acquired an overview of the historical and contemporary economic developments and political economy dynamics in their chosen area and deepen their existing knowledge and understanding of different economic systems, economic institutions, economic processes and actors in the different regions / countries of the region, using the concepts acquired during the courses Principles of Economics and Foundations of Political Economy.
Been acquainted with academic debates on selected topics in the specific region.
The timetable is available on the BA International Studies website.
Mode of instruction
Lectures are held every week, with the exception of the midterm exam week. Weekly lectures will cover issues both inside and outside the readings.
Tutorials are held once every three weeks, with the exception of the midterm exam week. Attending all tutorial sessions is compulsory. If you are unable to attend a session, please inform your tutor in advance. Being absent at more than one of the tutorial sessions will result in a lowering of your tutorial grade (30% of the end grade) with 1 point for each session missed after the first session. Please note that being absent at any tutorial session may have a negative impact on the grade of the assignment due for that particular tutorial session. This is at the discretion of the tutor.
Total course load for this course is 5 EC (1 EC = 28 hours), which equals 140 hours, broken down by:
Attending lectures: 24 hours
Attending tutorials: 8 hours
Assessment hours (exams): 4 hours
Study of compulsory literature (approximately 7 pages / hour): 64 hours
Completing assignments, preparing for classes and exams: 40 hours
Midterm Exam: Written examination with open questions, part essay, part 'fill in the blank'.
Final Exam: Written examination with open questions, part essay, part 'fill in the blank'.
To successfully complete the course, please take note of the following:
The end grade of the course is established by determining the weighted average of Tutorial grade, Midterm Exam grade, and Final Exam grade.
The weighted average of the Midterm Exam grade and the Final Exam grade needs to be 5.5 or higher.
This means that failing Exam grades cannot be compensated with a high Tutorial grade.
If the end grade is insufficient (lower than a 6.0), or the weighted average of Midterm- and Final Exams is lower than 5.5, there is a possibility of retaking the full 70% of the exam material, replacing both the earlier Midterm- and Final Exam grades. No resit for the tutorial is possible.
Please note that if the Resit Exam grade is lower than 5.5, you will not pass the course, regardless of the tutorial grade.
Retaking a passing grade
Please consult the Course and Examination Regulations 2018 – 2019.
How and when an exam review takes place will be determined by the examiner. This review will be within 30 days after official publication of exam results.
- J. Hughes, American Economic History (Pearson, 8th ed.).
Enrolment through uSis for Tutorials and Lectures is mandatory.
Students will be enrolled for Exams by the Administration Office, as long as they have a valid Tutorial enrolment.
Registration Studeren à la carte and Contractonderwijs
When contacting lecturers or tutors, please include your full name, student number, and tutorial group number.