Program Overview

International Economic History (level 4) 15 credits

About the course

This course deals with historical perspectives on the development of capitalism - today's dominant system in the world economy - with perspectives from the late Middle Ages to the present day. The historical dynamics between capital, production, environmental impact and institutions are explored over time, as well as the role of the state and firms. Furthermore, factors behind economic growth, globalization and sustainability are identified and analyzed, focusing on the basic mechanisms and consequences of capitalist development. The course explores questions about the significance of capitalism for the emergence of modern economic growth, its spread and the existence of different varieties of capitalist systems, including periods of globalization. The link between economic growth, institutional change and environmental consequences also raises questions about whether capitalism has been and can be sustainable in the long run. The course is divided into four broader themes:

1. The emergence of modern growth;
2. The Political Economy of Capitalism;
3. Capitalism and sustainability;
4. In-depth individual assignment.

Course Details

• Type: Course, second cycle
• Study pace: Half speed
• Study location: Varied
• Type of studies: Distance only (no required meetings)
• Starts: 1 September 2025
• Ends: 18 January 2026
• Number of credits: 15 credits
• Type of studies: Web-based (online)
• Mandatory meetings: No mandatory meetings
• Other meetings: None
• Teaching hours: Daytime
• Study location: Varied
• Language: English
• Application code: UMU-29609

Eligibility

The student must have accomplished 90-ECTS credits in Economics, Human Geography, Sociology, Economic History, Statistics, Business Administration, Law, Informatics, Political Science or an equivalent Social Science topic, including a bachelor thesis equivalent to 15 ECTS credits. Proficiency in English equivalent to Swedish upper Secondary course English A/6.

Selection

• Academic credits
• Application

Application and Tuition Fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

• Application fee: SEK 900
• Tuition fee, first instalment: SEK 24,150
• Total fee: SEK 24,150

Course Provider

The course is given by the Unit of Economic History.