ECON 390 Fall 2012 Financial Crises: Causes and Cures (W)

Financial crises have been with us for as long as banking has existed. Why are crises such a regular fixture of societies, and what can be done to prevent them, or at least reduce their cost? Topics examined include bubbles and swindles, especially when these spillover to the broader macroeconomy; the role of information in banking in normal times and in bank runs; boom-bust cycles in asset markets; international contagion; crisis resolution techniques; and the extensive history of attempts to improve regulation so as to reduce the frequency and cost of crises. Crises in developing and developed economies in the 19th, 20th and 21st centuries will be examined, and the role of political economy factors in their run-up and resolution will be featured. This course is part of the Gaudino Danger Initiative.
Class Format: tutorial
Requirements/Evaluation: students will write 5-6 papers during the term, and will prepare and deliver formal comments on 5-6 papers written by other students
Additional Info: Gaudino Danger Initiative
Additional Info2:
Prerequisites: Economics 252 and 253/255
Enrollment Preference: senior Economics majors
Department Notes:
Material and Lab Fees:
Distribution Notes:
Divisional Attributes: Division II, Writing Intensive
Other Attributes: POEC Comparative POEC/Public Policy Courses
Enrollment Limit: 10
Expected Enrollment: 10
Class Number: 1507
ECON390-T1(F) TUT Financal Crises: Causes & Cure (W) Division 2: Social StudiesWriting Intensive Gerard Caprio
TBA 1507
Course Search
Catalog Number:
Subject Attributes:
Enrollment Limit:
Course Type:
Start Time: End Time:
Instructor First Name:
Instructor Last Name:
Keyword Search: