3.0

Average Course Rating

This course will provide students with the theoretical tools and historical context to understand financial crises and debt crises. We will review famous examples, such as the banking panics of the Great Depression and the Eurozone Sovereign Debt Crises, and use economic theory to understand how and why crises happen, as well as how policies can be designed to prevent them or mitigate their effects. Topics to be covered include banking crises, currency crises, sovereign debt crises, private debt crises, panics, and the relationships between them. Students will work in groups on projects connecting the more theoretical content of the course to real world events and present these projects to the rest of the class.