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This paper is a review of a new textbook "Economic Development. Theory and Practice" (2016) written by M.V. Kulakov and L.P. Chikhun.

A brief course of lectures (introduction and three lectures) is dedicated to the social and economic history of France, as the main country of the medieval era. The course addresses issues of the genesis of the classic French feudalism. Special attention is paid to the problem of formation of the feudal land ownership from allodium and benefice to the hereditary feud (fief). The course interprets the feudal division causes and ways to overcome it, as well as the evolution of the socio-economic characteristics of the main classes of French feudal society, most of all the nobility and dependent peasants. Particular attention is paid to the economic policy of absolutism in France, which was reflected in the work of famous historical figures: King Henry IV, his first minister Maximilien Sully, the Cardinal de Richelieu, the Controller-General of Finances Jean-Baptiste Colbert.