Universität Wien
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040203 KU Financial Crisis (MA) (2021W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
MIXED

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 04.10. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 11.10. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 18.10. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 25.10. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 08.11. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 15.11. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 22.11. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 29.11. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 06.12. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 13.12. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 10.01. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 17.01. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Monday 24.01. 16:45 - 18:15 Digital
    Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß

Information

Aims, contents and method of the course

This course provides an introduction to financial crises, with a particular focus on banking crises. The course will include a broad historical overview of past financial crises, from early 20th century banking crises up to the 2007/08 Global Financial Crisis. Some current issues relating to the consequences of the COVID-19 pandemic will also be discussed. The main part of the course will be devoted to analyzing recent economic models of financial crises. The methodology will be primarily theoretical, with a particular emphasis on coordination and information frictions. Students will also learn the basics of global games.

Assessment and permitted materials

The final grade will be based on a final exam and homework assignments. The exact details of the grading methodology will be announced in the first class.

Minimum requirements and assessment criteria

Students are expected to have completed the compulsory Financial Intermediation I and Game Theory/Information Economics courses. Students are also expected to have completed undergraduate mathematics courses in multivariable differential calculus and single variable integral calculus.

Examination topics

The structure and topics of the exam will be announced in the first class.

Reading list

A detailed syllabus and reading list will be provided in the first class. Recommended general readings include:

Allen, Franklin, and Douglas Gale. Understanding Financial Crises. Oxford University Press, 2009.

Razin, Assaf. Understanding Global Crises: An Emerging Paradigm. MIT Press, 2014.

Association in the course directory

Last modified: Fr 12.05.2023 00:12