Financial Development and Crises
Course code: EC7207
Course description:
The financial sector plays a central role in a modern economy by mobilising savings and distributing capital. At
the same time, the financial sector appears to be fundamentally unstable, and the economic history is full of
financial crises. This course introduces the most important financial institutions, and their productive role is
discussed theoretically and empirically. The weaknesses of the financial system are then discussed theoretically
and empirically on the basis of historical examples of financial crises. The questions we ask are why these crises
occur, what their repercussions are and what can be done about them. Finally, time will be dedicated to
discussing the credit crisis of 2007-2009.
For a course syllabus, see the link below.
Lecturer:
Jonas Vlachos. Office hours: Office hours are during lecture days. Days of morning lectures,
office hours are between 13-14. Days of afternoon lectures, office hours are between 9.30-10.30, room: A776,
phone: 08- 16 30 46, e-mail: jonas.vlachos@ne.su.se
Administrator:
Anna Westlund. Office hours: Mon - Thu 12.30-14.30, room A785,
phone: 08- 16 30 38, e-mail: aw@ne.su.se
Some of the information below is given in pdf-format(*). Download Acrobat Reader from:
www.adobe.com
