Financial Crises: Beginning to End
ECON 237
Summer 2013 not offered
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This course will examine historical financial crises from around the world, using standard macroeconomic theories. We will then use this historical knowledge of crises to carefully analyze the Great Recession (December 2007 - June 2009), its causes, and what was done to encourage recovery. This will include analysis of monetary and fiscal responses as well as the pre-crisis policy environment. Some of the topics that will be covered in order to properly analyze the Financial Crises include: Currency Crises, IS/MP Models, Bank Runs, Liquidity, Leverage, Quantitative Easing (QE), Troubled Asset Relief Program, Mortgage Backed Securities, Sub-Prime Lending, Risk Premium, Taylor Rule, Fiscal Stimulus, and Aggregate Supply/Aggregate Demand. |
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture | Grading Mode: Student Option |
| Level: UGRD |
Prerequisites: ECON101 or ECON110 |
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Fulfills a Major Requirement for: None |
Major Readings:
Carmen Reinhart and Kenneth Rogoff, THIS TIME IS DIFFERENT
David Wessel, IN FED WE TRUST BY
Andrew Sorkin, TOO BIG TO FAIL BY
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Examination and Assignments:
1 midterm, 4 homework assignments, final paper, final exam |
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