(Statutes and Ordinances, p. 311)
The Faculty Board of Economics gives notice of the following amendment to the Supplementary Regulations for Part I of the Economics Tripos so as to update the description of Paper 5.
This paper aims to give students a basic knowledge and understanding of core analytical issues in the development of the British economy. It applies economic theory and quantitative methods to the analysis of historical evidence, shows the relevance of economic analysis to understanding history, and examines the importance of the historical context in interpreting changes in the economy. The analytical issues covered include, but are not restricted to, the following: the causes, consequences, and global significance of the British Industrial Revolution of the eighteenth and nineteenth centuries in comparative perspective; and the analysis of economic fluctuations, growth, unemployment, trade, and monetary policy in the Interwar economy of the twentieth century in comparative perspective.