ECON 301 - Advanced History of Financial Crises

4 credit(s)
Will trace the historical evolution of economic thought on the causes and consequences of financial market crises, and analyze the effectiveness of associated policy responses. The emphasis of the course will be on identifying factors common to these crises (low cost of borrowing, lax lending standards, leverage, asset bubbles, moral hazard, lack of transparency, derivatives, government regulations, etc.) and on developing an appropriate conceptual framework with which to explain why financial crises continue to occur. Prerequisite ECON 101 or ECON 102. Students who take ECON 201 for credit cannot receive credit for ECON 301.
Core Requirement(s): Counts towards core requirement Historical Context