Courses Master Display 2015-2016
|Course Description||To PDF|
|Course title||Economics of Financial Crises|
Tom van Veen
For more information: email@example.com
|Language of instruction||English|
The objectives of the course are threefold. First, students learn the different notions of the concept of “financial crisis”. In particular, they deal with the theoretical and operational criteria for banking, currency, stock market and debt crises. In a second step, the causes for financial turmoil are scrutinized. A particular attention will be paid to the non-fundamental cause of the crisis such as self-fulfilling prophesies, contagion and moral hazard. In a third step, the optimal reactions (macroeconomic policies, regulation, supervision practices,…) will be analysed. Students following this course get a global (macroeconomic and financial) perspective of financial crises.
1- Financial crises definition and measurement.
2- Origins of the crises.
3- Treatments; International Financial structure
Textbook (Allen and Gale “Understanding financial crises”) and articles:
2-Analysis of the major financial crises
|Teaching methods (indicative; course manual is definitive)||PBL / Presentation / Lecture|
|Assessment methods (indicative; course manual is definitive)||Participation / Written Exam / Oral Exam|
|Evaluation in previous academic year||For the complete evaluation of this course please click "here"|
|This course belongs to the following programmes / specialisations||