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Models of Capitalism in Europe

General data

Course ID: 4003-MKWE-OG
Erasmus code / ISCED: (unknown) / (unknown)
Course title: Models of Capitalism in Europe
Name in Polish: Modele kapitalizmu w Europie
Organizational unit: Centre for Europe
Course groups: General university courses
General university courses
General university courses in the social sciences
ECTS credit allocation (and other scores): (not available) Basic information on ECTS credits allocation principles:
  • the annual hourly workload of the student’s work required to achieve the expected learning outcomes for a given stage is 1500-1800h, corresponding to 60 ECTS;
  • the student’s weekly hourly workload is 45 h;
  • 1 ECTS point corresponds to 25-30 hours of student work needed to achieve the assumed learning outcomes;
  • weekly student workload necessary to achieve the assumed learning outcomes allows to obtain 1.5 ECTS;
  • work required to pass the course, which has been assigned 3 ECTS, constitutes 10% of the semester student load.

view allocation of credits
Language: (unknown)
Type of course:

general courses

Short description:

The aim of the course is to introduce students to the most important issues of the comparative nature of the economic systems of the European countries and the institutions of the European Union. Various dimensions of economic and social policy determining their development and international competitiveness are analysed.

Full description:

The lecture is intended to present the origins and problems of the contemporary capital in the EU and in the perspective of sociological and economic theories, Conceptualisations of the transformation of capitalism after World War II, main assumptions and research issues of comparative analysis of economic systems and their characteristics As well as various concepts of capitalism differentiation along with regional and state references will be presented.

1. The main features of capitalism and the diversity of market economies

2. Criteria for evaluation and effectiveness of socio-economic arrangements

3. A vision of global convergence of capitalization and new development differentiations

4. Neoinstitutional perspective on economic research

5. Conceptualizations of transformations of modern capitalism

6. Key dimensions of the institutional diversity of capitalism

7. The model of liberal market economy

8. The model of coordinated market economy

9. The competitive typologies of variants of capitalism

10. Scandinavian model

11. The capitalism of Southern Europe

12. The capitalism of the countries of Central Europe

13. Discussions on the models of capitalism in the European Union

14. Economic models on the peripheries of the EU: Russia, Ukraine, Turkey

15. The future of capitalism in Europe

Student workload:

Class work– 30 hrs

Preparation to the examination – 30 hrs

Total – 60 hrs

Bibliography:

Obligatory:

1. B. Amable. The Diversity of Modern Capitalism. Oxford University Press 2009

2. D. Bohle, B. Greskovits. Capitalist Diversity on Europe’s Periphery. Cornel University Press. Ithaca and London 2012

3. G. Esping-Andersen. Trzy światy kapitalistycznego państwa dobrobytu. Difin. Warszawa 2010

4. P.A. Hall, D. Soskice (eds.). Varieties of Capitalism. The Institutional Foundations of Comparative Advantage. Oxford University Press 2001

5. G. Ingham. Kapitalizm. Wydawnictwo SiC!. Warszawa 2011

6. K. Jasiecki. Kapitalizm po polsku. Między modernizacją a peryferiami Unii Europejskiej. IFiS PAN. Warszawa 2013

7. T. Kowalik. Współczesne systemy ekonomiczne. WSPiZ im. Leona Koźmińskiego. Warszawa 2000

Recommended:

1. L. Balcerowicz. Socjalizm, kapitalizm, transformacja. PWN. Warszawa 1997

2. M. Albert. Kapitalizm kontra kapitalizm. Znak. Kraków 1994

3. M. Federowicz. Różnorodność kapitalizmu. Instytucjonalizm i doświadczenie zmiany ustrojowej po komunizmie. IFiS PAN. Warszawa 2004

4. Ch. Hampden-Turner, A. Trompenaars. Siedem kultur kapitalizmu. Oficyna Ekonomiczna. Kraków 2003

5. W. Morawski. Socjologia ekonomiczna. PWN Warszawa 2001

6. A. Sen. Rozwój i wolność. Zysk i s-ka. Poznań 2002

7. O. E. Williamson. Ekonomiczne instytucje kapitalizmu. PWN. Warszawa 1998

Learning outcomes:

Upon the completion of the course the student:

KNOWLEDGE

1. defines the main concepts characterizing market economy and capitalism

2. knows and recognizes the differences between various economic concepts

3. knows that there are various variants of capitalism in Europe

4. understands the differences between the various models of European capitalism

5. demonstrates the understanding of the dependencies and variabilities between the different economic and political institutions and their impact on economic efficiency

SKILLS

6. has ability to apply the acquired knowledge in a broader context of new information and interpretations of the economies of Europe

7. is able to actively participate in discussions on various institutional arrangements in the economy

8. can compare the performance of economies with different system characteristics and finds examples of competitive solutions

9. plans his work to prepare for the exam

10. makes the choice of sources of economic information

SOCIAL COMPETENCE

11. identifies the arguments for and against specific solutions

12. is aware of the need to update economic knowledge

Assessment methods and assessment criteria:

Attendance in class and the written exam

This course is not currently offered.
Course descriptions are protected by copyright.
Copyright by University of Warsaw.
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