TEACHING: Evolution of Business and Markets
I will be teaching a PhD course titled "Evolution of Business and Markets" on business and economic history at Indian Institute of Management Bangalore in the Fall Term of 2018. The course studies how businesses and markets have evolved over time. The course comprises of ten sessions divided into six themes focused around evolution of businesses and markets, and the role of networks, institutions, culture and technology in their evolution. In each session a sub set of papers will be discussed in detail covering topics as diverse as the persistence of merchant guilds in medieval Europe, the influence of pre-colonial institutions on development in Africa, and the disruptive effects of muckraking journalism in the early twentieth century United States. These papers can be theoretical, empirical or historical, and during the discussion emphasis will be given on the techniques used in the paper, and on the broader literature and debates that are related to the paper. Additionally, each theme has an assigned book that provides a deeper historical treatment of the topic. The six books are Institutions and European Trade (Ogilvie, 2011), The emergence of organizations and markets (Padgett and Powell 2012), Regional Advantage (Saxenian, 1996), Institutions and the path to the modern economy (Greif 2006), Bourgeois equality (McCloskey 2016) and The gifts of Athena (Mokyr, 2002).
- Course outcome: Students are expected to work on a research paper on the topic of Evolution of Business Markets throughout the term, using research themes and techniques discussed in class.
- Planned Syllabus (Download)
- Course Packet (Download 56 MB) (Sessions 1 - 9)
- Some economic history debates (Download 26.7 MB) (Session 10)