Coronavirus information for applicants and offer-holders

We understand that prospective students and offer-holders may have concerns about the ongoing coronavirus outbreak. The University is following the advice from Universities UK, Public Health England and the Foreign and Commonwealth Office.

Read our latest coronavirus information

BAEcon Development Studies and Social Statistics

Year of entry: 2021

Course unit details:
Capitalism in Historical Perspective: 1700-1913

Unit code HIST10181
Credit rating 20
Unit level Level 1
Teaching period(s) Semester 1
Offered by History
Available as a free choice unit? No



Historically, capitalism developed in a variety of ways and took various forms. The course surveys the history of industrial capitalism in modern Britain (1700-1913) in a comparative perspective between c1700 and c1913, surveying key debates including:

1) child work and gender – did capitalism really make everyone better off?

2) the role of the state in promoting or hindering capitalism.

3) the rise of the working classes, Marx, Engels and the “social question”.

4) the history of slavery and imperialism and their contribution to British economic development

5) financial markets, investment and the role of the printing press in creating a “nation of shareholders”

Using various approaches, the course uncovers the complex narrative of the historical origins and development of modern capitalism. Students will study how capitalism is the result of a number of parallel transformations: industrial revolution, changing economic thought, shifts in demographics, transformation of social life and relations, and rethinking of political and moral ideas. They will confront themes including contemporary criticisms of capitalism, gender and social inequalities, speculation, fraud, and financial crime, commercial networks and finance, protests, competition and cooperation, trust and reputation within markets, and many more.



HIST10182 is restricted to History programmes, History joint-honours programmes, and Economics and Social Studies (please check your programme regulations for further details).

Available on which programme(s)?

This module is only available to students on History-owned programmes; History joint honours programmes owned by other subject areas; and BA Econ programmes.



This course will

  • introduce students to a broad range of relevant themes and historiographical debates associated with the economic and social history of capitalist development in industrializing countries
  • engage students with critical concepts relating to the study of economic history and social history
  • encourage students to adopt a critical perspective to their own understanding of capitalism and the rise of the modern economy.
  • facilitate independent study by developing key skills in terms of locating, analyzing and evaluating both primary and secondary source material related to important themes introduced in the course.
  • Synthesize and organize information derived from independent research and digest such findings into an original argument

Knowledge and understanding

By the end of this course students will be able to:

  • Possess an awareness of the ways in which historians have examined and understood the economic and social history of Britain and Europe over the period 1700 to 1913
  • Articulate key themes related to the emergence of capitalist institutions in modern Britain and Europe.
  • Explore the extent of historical changes associated with the ‘emergence’ of capitalistic and modern industrial societies.
  • Possess familiarity with key historiographical texts related to histories of specific nations in the context of modern capitalism. 

Intellectual skills

  • Confront how ideas of social justice and inequality shaped past societies.
  • Articulate the relationship between people and institutions in their social and economic contexts.
  • Develop awareness of how historians use primary sources in historical research to examine these relationships.
  • Possess awareness of how economic and social history methods can be applied to specific historical periods and issues.

Practical skills

  • Locate, retrieve, assimilate and interpret relevant information and key concepts from primary and secondary sources.
  • Develop and present informed historical argumentation in written and oral form.
  • Extend and apply oral and group skills by participating in and leading seminars.

Transferable skills and personal qualities

  • Work independently through individual research.
  • Writing well-structured pieces of assessed work.
  •  Developing written and oral fluency that are crucial for both academic work and future careers.
  • Develop skills in engaging with unfamiliar modes of knowledge and communication, accepting responsibility for meeting deadlines and co-operating with others, developing confidence in their own abilities.

Employability skills


Assessment methods

Exam 60%
Group presentation 40%


Feedback methods

Feedback method

Formative or Summative

Oral Feedback in seminars


Written feedback on coursework

Formative and Summative

Written Feedback on exams


Additional one-to-one feedback with CUD, lecturers or tutors during consultation hours



Recommended reading

Broadberry, Stephen & O’Rourke, Kevin (eds.), The Cambridge Economic History of Modern Europe Vols 1 & 2 (Cambridge, 2010).

Daunton, Martin, Progress and Poverty: An Economic and Social History of Britain, 1700 – 1850 (Oxford, 2010)

Daunton, Martin, Wealth and Welfare: An Economic and Social History of Britain, 1851 – 1951 (Oxford, 2007)

Floud, Roderick & Johnson, Paul (eds.), The Cambridge Economic History of Modern Britain – Vols.  1 & 2 (Cambridge, 2004).

Millward, Robert, The State and Business in the Major Powers: An Economic History, 1815 – 1939 (Abingdon, 2013)

Neal, Larry and Williamson, Jeffrey (eds.), The Cambridge History of Capitalism: Vols. 1 & 2 (Cambridge, 2014).


Study hours

Scheduled activity hours
Lectures 22
Seminars 11
Independent study hours
Independent study 167

Teaching staff

Staff member Role
Edmond Smith Unit coordinator
Aashish Velkar Unit coordinator
Philipp Roessner Unit coordinator

Return to course details