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doc. Ing. Tomáš Dudáš, PhD.

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Page 1: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

doc. Ing. Tomáš Dudáš, PhD.

Page 2: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Contact information

doc. Ing. Tomáš Dudáš, PhD.

Email: [email protected]

Office hours - (D4.16)Wednesday 10.00-12.00 Thursday 14.00-16.00

Page 3: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Course requirements

Active attendance (max. 3 absentia)

Written essay on an agreed topic (5-10 pages)

Page 4: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Course outline Introduction

Course requirements Economic development in the colonial era

The birth of the modern American economy in the 19th century – I Birth of a nation Labor force and migration Development of the modern infrastructure Slavery and civil war

The birth of the modern American economy in the 19th century II Industrial revolution Birth of the modern corporations USA – centre of innovations

Page 5: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Course outline The Roaring twenties, the great depression and the New Deal

Birth of the modern consumer society Possible causes of the great depression FDR and the New Deal

The golden age of the US economy – 50s and 60s Baby boom and post war prosperity Changing society and economy Rise of the car culture

Stagflation, Reaganomics and Clintonomics Nixon and the end of the Bretton wood financial system Volcker and the inflation Reagan and the taxes Clinton and the dot-com bubble

Page 6: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Course outline The current global economic crisis and its implications for the

American economy Subprime mortgages and financial innovation The great debate – stimulus or austerity The FED – printing new money?

 The role of innovations in the US economy

Great American innovators Is USA losing its innovative edge?

 Rise and fall of the US automotive industry – a case study

Page 7: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Course outlineWelfare state in the USA

Basic models of welfare state Welfare in the USA – a historic review Health care in the USA

Future of the American economy USA in 2050 Energy future of the USA End of the American dominance?

Conclusion and closing remarks

Page 8: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

.

Page 9: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Start of the colonization of North America

MotivesReligious motives (Puritans)Economic motives (profit)Getting rid of criminalsForced migration (slaves)

Due to less developed technologies it was a very dangerous processLost colonies - "Lost Colony of Roanoke” in North

Carolina (1587-90)

Page 10: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Nations colonizing North AmericaSpain –New Mexico and California

Netherlands – New Holland

France – Nouvelle-France

Russia – Alaska

Great Britain– New England, Virginia, Carolina etc.

Page 11: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday
Page 12: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday
Page 13: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Economic aspect of the life in the colonies

First period – fight for survival

AgricultureNorth – smaller family based farmsSouth – big plantations which used slave labor

IndustryTraditional crafts needed in the coloniesShipbuilding

Page 14: Doc. Ing. Tomáš Dudáš, PhD.. Contact information doc. Ing. Tomáš Dudáš, PhD. Email: tomas.dudas@euba.sk Office hours - (D4.16) Wednesday 10.00-12.00 Thursday

Population in the ColoniesBiggest cities

Philadelphia – 40 000 (1775)New York – 25 000 (1775)Boston – 16 000 (1775)Charleston – 12 000 (1775)

Total population in 1790 – 3 929 000European ancestry – 3 172 000Other – 757 000