Financial and Economic Crises of the 21st Century

Harvard FAS

This course examines major financial and economic developments that have challenged the U.S. economy over the past two decades. We begin with the 2007–2009 global financial crisis, studying the role of the mortgage boom and bust, the mechanisms through which problems spread to the broader financial system, and why the crisis proved so devastating for the economy. We will discuss the policies implemented to stabilize the financial system and the subsequent financial reforms. The course then…