The Global Financial Crisis

2019/2020

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

School of Politics and Governance

Course type:

Elective course

When:

2 year, 1, 2 module

Course Syllabus

Abstract

The course “The Global Financial Crisis” is taught on educational online platform “Coursera.org”. Discipline studies are carried out by students independently on the basis of an online course “The Global Financial Crisis”, https://ru.coursera.org/learn/global-financial-crisis, Yale University. This course surveys the causes, events, policy responses, and aftermath of the recent global financial crisis.

Learning Objectives

• The main goal is to provide a comprehensive view of this major economic event within a framework that.
• Explains the dynamics of financial crises in a modern economy.

Expected Learning Outcomes

• know the causes, events, policy responses, and aftermath of the recent global financial crisis

Course Contents

• Introduction to The Global Financial Crisis
• The Common Causes of Financial Crises
• Safe Assets and the Global Savings Glut
• The Housing Crisis
• Housing and Mortgages
• Anxiety, Part I
• Anxiety, Part II
• Our Responses to the Crisis
• Responding to Future Crises
• Europe in the Global Financial Crisis
• The Eurozone Crisis
• Panic

Assessment Elements

• Online tests
• Final interview

Interim Assessment

• Interim assessment (2 module)
  0.3 * Final interview + 0.7 * Online tests

Bibliography

Recommended Core Bibliography

• Crotty, J. (2009). Structural causes of the global financial crisis: a critical assessment of the “new financial architecture.” Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.267C89CB
• Ray Ball. (2009). The Global Financial Crisis and the Efficient Market Hypothesis: What Have We Learned? Journal of Applied Corporate Finance, (4), 8. https://doi.org/10.1111/j.1745-6622.2009.00246.x

Recommended Additional Bibliography

• Drãniceanu Doina. (2013). Sovereign Wealth Funds and the New Dynamics of Globalization in the Context of the Current Financial Crisis: International Competitiveness Through Outsourcing in Emerging Countries. Ovidius University Annals, Economic Sciences Series, (2), 25. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.ovi.oviste.vxiiiy2013i2p25.30
• Gary B. Gorton, & Andrew Metrick. (2012). Getting up to Speed on the Financial Crisis: A One-Weekend-Reader’s Guide. NBER Working Papers. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.nbr.nberwo.17778