1 Boğaziçi University Prof. Şevket Pamuk Department of

1 Boğaziçi University Prof. Şevket Pamuk Department of

1
Boğaziçi University
Department of Economics
Prof. Şevket Pamuk
Spring 2001
Economics 311
Economic History of the Ottoman Empire
Office Hours : Atatürk Institute, Tuesday 13.00-14.00.
This
economic
monetary
from the
course will cover the basic themes in Ottoman
history. The emphasis, however, will be on
and financial institutions and their evolution
14th through the 19th centuries.
The Ottoman Empire stood at the crossroads of
intercontinental trade at the dawn of the era of
industrial capitalism. Through a detailed examination
of the Ottoman currencies, its monetary and financial
institutions from the Balkans to Northwest Africa, this
course will demonstrate the complexity of these
arrangements and their evolution in response to both
local developments and global economic forces. Currency
debasements, inflation and the ensuing popular
opposition will be studied in a political economy
framework. The course will also provide insights into
social and political history.
The basic requirements for the course are :
- regular attendance (10 percent)
- one mid-term examination (40 percent) and
- a final examination (50 percent).
The introductory text for the course is Ş. Pamuk,
Osmanlı-Türkiye İktisadi Tarihi , 1500-1914, 4. Baskı,
Gerçek Yayınları, Istanbul, 1997.
The main textbook is Ş. Pamuk, Osmanlı
İmparatorluğunda Paranın Tarihi, Tarih Vakfı Yurt
Yayınları, 2. Baskı, 2000. This book is also available
in English: A Monetary History of the Ottoman Empire,
Cambridge University Press, New York and Cambridge,
2000.
In addition, students are expected to read all of
the articles included in this syllabus except those
optional pieces indicated with (*). All required
readings outside the Pamuk books are included in a
package and will be available for sale.
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C O U R S E
O U T L I N E
I- Theory and Method in Economic History
(1 week)
R.Solow, "Economic History and Economics", American
Economic Review , 1985, pp. 328-31.
T.G.Rawski,”Economics and the Historian”, in T. G. Rawski
et.al.,Economics and the Historian, 1996, pp. 1-14.
J.S.Cohen, “Institutions and Economic Analysis”, in T. G.
Rawski et.al.,Economics and the Historian, 1996, pp. 60-84.
II- Ottoman Agriculture (1 week)
Ş.Pamuk, Osmanlı-Türkiye İktisadi Tarihi , 4. Baskı, 1997,
pp. 9-55.
Halil İnalcık, "The Çifthane System", in İnalcık and D.
Quataert (eds.), An Economic and Social History of the
Ottoman Empire, 1995, pp. 143-154.
Ş.Pamuk, Osmanlı-Türkiye İktisadi Tarihi, pp. 104-107 and
137-141.
III- Urban Economic Life : Guilds, Trade and State
Policy (1 and 1/2 weeks)
Ş.Pamuk, Osmanlı-Türkiye İktisadi Tarihi , pp. 55-82.
H.İnalcık, "Istanbul and the Imperial Economy, İnalcık and
D.Quataert (eds.), An Economic and Social History of the
Ottoman Empire, 1995, pp. 179-187.
Mehmet Genç, "Osmanlı İktisadi Dünya Görüşünün İlkeleri",
İstanbul Universitesi Edebiyat Fakültesi Sosyoloji Dergisi,
1989, pp. 175-185.
Abraham L. Udovitch, "Merchants and Amirs: Government and Trade
in Eleventh Century Egypt,” Asian and African Studies 22
(1988), 53-72.
IV- Money and Monetary Institutions in the Early Modern
Era (1 week)
Pamuk, Osmanlı İmparatorluğunda Paranın Tarihi, Bölüm 1.
H. Rockoff, “Money, Banking and Inflation: An Introduction
for Historians”, in T.G.Rawski et.al.,Economics and the
Historian, 1996, pp. 177-208.
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V- The Early Period (1 week)
Pamuk, Paranın Tarihi, Bölümler 2-4 ve Ek 1.
Carlo M. Cipolla, "Currency Depreciation in Medieval Europe,”
Economic History Review 15 (1963), 413-22.
VI- Credit, Money and Empire (1 week)
Pamuk, Paranın Tarihi, Bölüm 5 except pp. 92-96.
Abraham L. Udovitch, "Bankers without Banks: Commerce, Banking and
Society in the Islamic World of the Middle Ages”, Princeton Near
East Papers, No. 30, 1981, Princeton University.
R.C.Jennings, “Loans and credit in early 17th Century
Ottoman Judicial Records”, Journal of the Economic and
Social History of the Orient, Vol. 16, 1973, pp. 168-216.
J.E.Mandaville, “Usurious Piety: The Cash Waqf Controversy
in the Ottoman Empire, International Journal of Middle East
Studies, Vol. 10, 1979, pp. 289-308.
Pamuk, Paranın Tarihi, Bölüm 6.
(* recommended) Murat Çizakça, A History of Philanthropic
Foundations, Boğazici U. Press, 2000.
*** Mid-Term Examination: Tuesday, April 17 ***
VII- 16th and 17th Centuries (2 weeks)
Pamuk, Osmanlı-Türkiye İktisadi Tarihi , pp. 83-113.
(* recommended) Ömer Lütfi Barkan, " The Price Revolution
of the Sixteenth Century : A Turning Point in the Economic
History of the Near East", International Journal of Middle
East Studies , Vol. 6. 1975, pp. 3-28.
Ş.Pamuk, “The Price Revolution in the Ottoman Empire
Reconsidered”, International Journal of Middle East
Studies, Vol. 31. 2001, pp.69-89.
Dennis O. Flynn, and Arturo Giraldez, "Born with a ‘Silver
Spoon’: The Origin of World Trade in 1571,” Journal of World
History 6 (1995), 201-21.
Pamuk, Paranın Tarihi, Bölümler 8-9
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VII- History of Prices
(1 week)
Ş. Pamuk, 500 Years of Prices and Wages in Istanbul and
Other Cities, 2001, excerpts from pp. 1-57.
VIII- 18th and 19th Centuries
(2 weeks)
Pamuk, Osmanlı-Türkiye İktisadi Tarihi , pp. 114-150.
Pamuk, Paranın Tarihi, Bölümler 10-11.
Pamuk, Osmanlı-Türkiye İktisadi Tarihi , pp. 151-198.
Pamuk, Paranın Tarihi, pp. 92-96; Bölümler 12-14.
Mehmet Genç, "Esham,” İslam Ansiklopedisi, 1995, pp. 376-80.
Milton Friedman, “Bimetallism Revisited”, Journal of
Economic Perspectives, Vol. 4, 1990, pp. 85-110.
(* recommended) Edhem Eldem, A History of the Ottoman Bank,
Tarih Vakfı Yayınları, 1999.
*** Final Examination ***