Special Topics in Public Finance: Global Financial Crises and International Policy Responses

Course Number: 
GAFL 728

This course will provide an in-depth synthetic and critical analysis of the global economic crisis of 2008-2009. The goals of the class are to provide: a) an understanding of the causes of the crisis, b) an overview of the onset of the crisis, including its similarities and differences with past crises, and c) a critical appraisal of the policy response to the crisis, including financial bailouts, monetary policy, fiscal policy and emerging regulatory reforms. The class will take both a US and a global perspective, and will conclude with an outline of the aftermath and general lessons to be drawn.