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Financial Risk Management
en
Economic Crises
MIT OpenCourseWare
Platform
· Cambridge, USA
About this course
This half-semester, 13-week course provides a fast-paced description of the canonical macroeconomic models of financial frictions and crises. Topics include: (i) financial amplification mechanisms; (ii) financial intermediation and credit crunches; (iii) coordination failures and bank runs; (iv) speculative bubbles and credit booms; (v) liquidity traps and deleveraging; and (vi) sudden stops and financial contagion.
Prerequisite Skills
Skills you should have before taking this course
Microeconomics
basic econometrics
intermediate macroeconomics
Skills Gained
Skills you will develop by completing this course
macroeconomics
financial economics
financial crises analysis
financial frictions modeling
bank runs and coordination failures
credit crunch and intermediation
speculative bubbles and credit booms
liquidity traps and deleveraging