Economics & Finance Current Unit
Information About The Class:
- 2018-2019 Economics and Finance Syllabus
- Economics Student Information Sheet
- Instructions for College Recommendations
- 2018-2019 Economics Test Retake Policies
Unit #9: Asset Bubbles in History & The 2008 Financial Crisis
- 2019 Financial Bubbles Project
- Researching Financial Bubbles: The LS Library Wiki for the project is here; the link to the “Booms and Busts” encyclopedia is here.
- Unit Readings: #1: Read How Can Mortgage Backed Securities Bring Down the U.S. Economy? and answer the comprehension questions (Comprehension Questions are here) ; and #2 Time Magazine “How Wall Street Won: The Myth of Financial Reform” (handed out in class)–both are due on June 7 -10 point spot check; no late work accepted without excused absence).
- Financial Crisis Review Guide (to be posted) (due on June 11 (B7); June 12 (B6)-10 point spot check; you will need to reference the articles above) Test is on June 13 at 8:00.
- The U.S. Housing “Bubble”
- 2008 Financial Crisis Key Terms Jeopardy Game
- Inside Job Film Questions
- Common Elements of Speculative Bubbles Throughout History
Required Websites for the Financial Bubbles Project:
The South Sea Bubble:
The Roaring 1920s Stock Market Bubble:
Japan’s Bubble Economy:
- Lessons from When the Bubble Burst
- The Asset Price Bubble and Monetary Policy (skim and use what you can-very long)
The dot.com Bubble:
- The Dot-Com Bubble Bursts
- Legacy of the dot.com bubble
- Important Research Note: The “dot.com bubble” group will not complete the library’s SCRAP test. See assignment sheet for alternative print sources.
Required Websites Related to the 2008 Financial Crisis
- Inside Job (review the following sections: “The Cast” “The Events,” “The Jargon”
- A great video timeline about the origins of the Financial Crisis is here. The derivatives controversy is here and the failure to regulate derivatives is here
Optional Websites for understanding the 2008 Financial Crisis:
- PBS “Money, Power and Wall Street,” series website (more excellent information about the financial crisis and very strong for relevant current events since the crisis)
- What are Credit Default Swaps?
- The State of Reform: Dodd-Frank at Two Years Old
- Articles by Rana Foroohar are here