The Global Financial Crisis & the Great Recession ((3 Credits))

Catalog description

The purpose of this course is to introduce students to the financial crisis of 2008 and its aftermath in the context of history and economic theory. The course will introduce economic bubbles and crashes as financial phenomena. Students will learn about the functioning of financial markets through this study. Students will also gain an understanding of the impact of the bubble/crash cycle on the wider economy. Students will analyze the causes of these phenomena and examine possible policy options that might prevent them, or at least soften their impact. The course will also examine the longer-term social consequences of the crisis. This course is offered for our International Education program students. Prerequisites: Macroeconomics ( ECON 2015 ).