History of International Financial and Monetary Crises
Course examines monetary/financial crises since 16th century. Analyzes origin, unfolding, and impact of crises, debates generated by them, and formulation/implementation of policy measures. Attention to international implications/connections on European and Asian money supply, banking and credit systems; reaction to South Sea Bubble and John Law Credit Systems in numerous European nations; experiments with paper money in America; rise and demise of the gold standard in the 19th and 20th century; currency and exchange rate problems of the last three decades. Case studies assigned according to participants interests. Prerequisite: Economics 201D and 210D. Instructor consent required.