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Schmidt, A. World Economy Since 1945
WORLD ECONOMY SINCE 1945
ON LINE SECTION 701
FALL SEMESTER 1999
As this installation of a McDonalds in Beijing indicates, economic
globalization is profoundly transforming many longstanding patterns of
human existence. Despite the urgent need of society to gain a fundamental
understanding of such monumental change, public discussion in the United
States about the world economy remains confused, shallow, and misleading.
History 103 aims to offer an historical perspective on the dynamically
changing present by examining the experience of the world economy since
World War II. It concentrates on two basic questions: 1) How did the
domestic and global foundations of the current world economy come into
being over the last half century? and 2) What are the implications of this
historical process for the future?
The course assumes no prior student backgrounds in either history or
economics. All it asks of students is an active interest in developing
their intellectual skills and in learning about the broad historical
trends that influence their lives.
Text © 1999 Arthur Schmidt