SP TOP:FRANCISCAN ECONOMY

Catalog description

This class focuses on the history of corporate scandals as well as economic panics, manias, and crashes from around the globe (the two are often correlated). We will discuss the causes (and aftermath) of crises that have occurred throughout our economic history - dating as far back to the Dutch Tulip Bubble of 1637 up to the COVID Crash of 2020. Lastly, we will break down some of the largest economic corporate collapses in business ranging from the Medici Bank Collapse of 1494 up to the Lehman Brothers Collapse of 2008. The goal is to provide students with a keen understanding of these macro-level shocks and help them recognize the dangers of inadequate corporate governance.