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An Economic History of Europe

An Economic History of Europe

An Economic History of Europe

Knowledge, Institutions and Welfare, Prehistory to the Present
3rd Edition
Karl Gunnar Persson, University of Copenhagen
Paul Sharp, University of Southern Denmark
Markus Lampe, Wirtschaftsuniversitat Wien, Austria
August 2025
Not yet published - available from August 2025
Hardback
9781009613989

    In this revised and updated edition, An Economic History of Europe re-establishes itself as the leading textbook on European economic history. With an expanded scope, from prehistory to the present, it will be invaluable source for students, educators and researchers seeking to better understand Europe's long-run economic development. The authors cover key themes including the rise of institutions, technological advancements, globalization, and the Industrial Revolution, with a fresh emphasis on the wider impact of economic policies on welfare reflecting a broader understanding of societal well-being. The chronological structure, clear explanations, case studies, and minimal use of complex mathematics make this an accessible approach that allows students to apply economic theories in historical practice. The new edition also connects historical development to urgent contemporary issues such as modern-day sustainability goals. This comprehensive guide provides students with both a historical narrative of Europe's economic transformation, and the essential tools for analysing it.

    • A pan-European history of economic development, situated within its wider global context, helps students to appreciate broader trends
    • Contains revised and expanded case studies demonstrating how students can put economic theories in historical practice
    • Connects economic history to modern global challenges today, especially sustainability
    • Expands the scope of traditional economic history to include welfare, reflecting a broader understanding of societal well-being
    • Incorporates innovative new research in areas from pre-history to the Eurozone crisis, allowing students to keep ahead of the most current themes emerging in their field

    Reviews & endorsements

    ‘An Economic History of Europe is a must-read for anyone curious about long-run economic development. It breaks down key topics clearly, with great structure and helpful reading suggestions. Engaging, insightful, and highly recommended!’ Kerstin Enflo, Lund University

    ‘Textbook writers are easily mired in Europe’s long and complicated economic history but here the story is told with flair. Persson, Sharp and Lampe cover Neolithic times to the post-COVID pandemic, using concepts and theories from economics and citing a range of diverse evidence. Economic history emerges as relevant and exciting.’ Jane Humphries, Oxford University

    ‘A most welcome revision of the leading text for teaching the Economic History of Europe. By beginning its story deeper in the past, and broadening its scope to encompass multiple dimensions of human welfare, while also adding timely research on sustainability, it speaks to the questions our students are asking now about Europe’s place in the global economy.’ Anne McCants, Massachusetts Institute of Technology

    ‘This third edition of an already classic textbook is extremely welcome, incorporating as it does a wealth of new material. Teachers and students looking for a concise and readable introduction to the economic history of Europe need look no further.’ Kevin O’Rourke, CNRS and Sciences Po, Paris

    See more reviews

    Product details

    August 2025
    Hardback
    9781009613989
    334 pages
    244 × 170 mm
    36 b/w illus. 4 maps
    Not yet published - available from August 2025

    Table of Contents

    • Introduction
    • 1. The making of Europe
    • 2. Europe from obscurity to economic recovery
    • 3. Population and resource constraints
    • 4. The nature and extent of economic growth in the pre-industrial epoch
    • 5. Institutions and efficiency
    • 6. Knowledge, technology transfer and convergence
    • 7. Money, credit and banking
    • 8. Trade and globalization
    • 9. Factor markets and globalization
    • 10. What (should) governments do
    • 11. Inequalities between individuals, households and nations
    • Appendix
    • Glossary.
      Authors
    • Karl Gunnar Persson , University of Copenhagen

      Karl Gunnar Persson was Emeritus Professor at the Department of Economics, University of Copenhagen and taught comparative economic history and globalization studies over five decades. His works include Pre-Industrial Economic Growth (1988) and Grain Markets in Europe, 1500–1900 (2000).

    • Paul Sharp , University of Southern Denmark

      Paul Sharp is a professor of economics at the University of Southern Denmark and an editor for academic journals such as the Scandinavian Economic History Review. He is the co-author of A Land of Milk and Butter: How Elites Created the Modern Danish Dairy Industry (2019).

    • Markus Lampe , Wirtschaftsuniversitat Wien, Austria

      Markus Lampe is professor of economic and social history at WU Vienna University of Economics and Business. He is the co-author of A Land of Milk and Butter: How Elites Created the Modern Danish Dairy Industry (2019).