History and Economics brings together the traditionally separate disciplines of history and economics to form a coherent and intellectually stimulating programme. The identity and integrity of both disciplines are successfully preserved, and it is possible to specialize primarily in either history or economics. The combination of economics, economic history and history (political as well as social) means that you will be equipped to view issues in the real world from a variety of contrasting perspectives. With all the options available, the course offers countless different permutations, ensuring that whatever you want from this course, you are likely to find it.
The second and third years of studying History and Economics will present you with challenges different from those of the first year, and should be still more demanding and absorbing. You will continue to study through lectures and regular tutorials which require you to read both widely and deeply, to write essays that answer the question set, and to engage actively in discussion. But both the nature and the teaching of your courses will diversify. Your Economics papers will build upon the knowledge of the institutions and processes gained in studying the Introductory Economics paper, and the Economics Options will tackle more specific topics in greater depth. Similarly, while you may study one or two more History Outline papers giving you a broad overview of a period, one of these may be replaced by a Theme paper looking at a particular theme over a much longer period; and, conversely, the History Further Subject requires focus on a narrower topic in greater depth on the basis of study of the primary sources. This will prepare you to write a thesis on a topic of your own devising, possibly in economic history, writing new history on the basis of primary evidence you have researched. This is an opportunity to vary assessment away from examination papers.
In the next two years you will therefore be expected to extend your range as a historian, an economist and an economic historian, to enhance the subtlety of your thinking and to sharpen and polish your writing. In the second year, when the final examination may seem a deceptively distant prospect, you should be prepared to experiment intellectually, in your choice of papers and in the way that you approach different types of historical question. In the third year, with Finals imminent, you will find that the creative opportunities as well as the demands of the course are at their highest. Those who have made good and imaginative use of the second year will profit most from the opportunities of the third.
As in the first year, it is important to dedicate time in each vacation to consolidate the previous term’s work, in preparation for college collections, and also to begin work on your next paper. In the Long Vacation after the second year you will need both to do some of your thesis-research. The course consists of eight papers (including the thesis). All students must take the paper on the History of the World Economy; three additional subjects in Economics, and a History Outline or Theme paper, and everyone writes a Thesis. There is scope for choice of the other two papers from various Economics and History options.
1 | History of the World Economy |
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2, 3, 4 |
Three additional subjects in Economics, as specified for the honour school of PPE. Microeconomics, Macroeconomics or Quantitative Economics must be studied in the first year of study in the Final Honours School. Any other subjects must be studied in the final year of study. All subject choices must satisfy the paper combination requirements specified for the honour school of PPE (see table below in 1.1.1). |
5 | A History Outline or Theme paper (British Isles or European & World History) |
6, 7 |
One of the following combinations:
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8 | A Thesis, either in History, Economic History, or Economics. |
There are three further ways in which your choices may be limited in the Final Honour School:
(i) All Economics Finals papers are now optional (except that History and Economics students must offer History of the World Economy). Papers will be split into two groups, FHS1 papers, taught in the second year of a degree, and FHS2 papers, taught in the third year of a degree, and papers in FHS2 may only be taken by students who have taken relevant pre- requisite papers from FHS1. The full set of papers, their availability by FHS1 or FHS2, and the pre-requisites for FHS2 papers are as follows:
Paper |
Available | Pre-requisites |
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FHS1 Microeconomics | MT of year 2 | |
FHS1 Macroeconomics | HT of year 2 | |
FHS1 Quantitative Economics | TT of year 2 | |
FHS1 History of the World Economy | TT of year 2/MT of year 3 | |
FHS2 Public Economics | MT of year 3 | Micro |
FHS2 Game Theory | HT of year 3 | Micro |
FHS2 Microeconomic Analysis | HT of year 3 | Micro |
FHS2 Econometrics | MT of year 3 | QE |
FHS2 Economics of Industry | MT of year 3 | Micro + QE |
FHS2 Labour Economics | HT of year 3 | QE |
FHS2 Economics of Developing Countries | HT of year 3 | Micro + QE |
FHS2 International Economics | MT of year 3 | Micro + Macro |
FHS2 Money and Banking | MT of year 3 | Macro |
FHS2 Finance | HT of year 3 | Micro |
FHS2 Environmental Economics and Climate Change | HT of year 3 | Micro |
FHS2 Thesis | MT / HT of year 3 |
(ii) Overlap rule: The choice of subject for your thesis may impose certain restrictions on the use you may make of material from it in answering questions in other papers. These are set out in section 3.2 Examination Conventions below. Please note that History and Economics students are exempt from the ballot on History Further Subjects.
(iii) Illegal Combinations with Prelims Papers
European and World
EWP1 The Transformation of the Ancient World, 370-900 |
with EWF1 The World of Late Antiquity, 250-650 or EWF2 The Early Medieval World, 600-1000 |
EWP2 Communities, Connections and Confrontations, 1000-1300 | with EWF3 The Central Middle Ages, 900-1300 |
EWP3 Renaissance, Recovery, and Reform, 1400-1650 |
with EWF5 The Late Medieval World, 1300-1525 or EWF6 Early Modern Europe, 1500-1700 |
EWP4 Society, Nation, and Empire, 1815-1914 | and EWF10 The European Century, 1820-1925 |
Please be aware of these limits on your choices from the outset. It is your responsibility, and not your tutors’, to ensure that your choices fall within the regulations.
In general, please remember that the arrangement of your teaching, and particularly of tutorials, is a complex business, over which tutors take a great deal of time and trouble.
When your tutor asks you to make a choice, do so promptly, and at all events by the date specified: otherwise it may not be possible to arrange teaching in the subject you want.
Your timetable will depend upon the mix and identity of options chosen in nos. 6 & 7: the timing of Economics options in particular is variable. The thesis can be distributed flexibly: although it is desirable for it to be done as late as possible in the course, in some circumstances it may have to be begun in the Trinity Term of the second year, and continued through the Michaelmas and/or Hilary Term of the third.
The constraints on timetabling are:
- History Further Subjects are taught in HT.
- History Outline Papers are generally taught in MT or TT. Economics FHS1 papers run through the second year.
- History of the World Economy lectures take place in TT of Year 2, but the tutorials can take place in Trinity of year 2 or Michaelmas of year 3.
- Economics Options are taught in MT3 or HT3 according to the option (see chart below).
The following tables show possible different ways of combining papers for the History and Economics Final Honour School, with a suggested teaching timetable. The four groups of options refer to the four options under 6 & 7 in the Regulations.
A: Students who choose two History Further Subjects will all have the following timetable:
Option A: History-heavy 1 | |
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MT2 |
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HT2 |
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TT2 |
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MT3 |
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HT3 |
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B: Students who choose two Economics Options are dependent on when those options are taught, but the timetable is likely to be:
Option B: Economic-heavy | |
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MT2 |
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HT2 |
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TT2 |
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MT3 |
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HT3 |
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C: Students who choose a Further Subject in History and another Outline or Theme paper in History:
Option C: Mixed 1 | |
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MT2 |
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HT2 |
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TT2 |
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MT3 |
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HT3 |
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D: For students who choose one History FS and one Economics Option, there are two possible timetables depending on which term the Economics Option is taught in:
Option D: Mixed 2a | |
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MT2 |
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HT2 |
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TT2 |
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TT2/MT3 |
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HT3 |
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Option D: Mixed 2b | |
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MT2 |
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HT2 |
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TT2 |
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TT2/MT3 |
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HT3 |
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