15 218 - Global Economic Challenges and Opportunities

Institution:

Massachusetts Institute of Technology

Subject:

Description:

Begins with analysis of financial crises?from historical examples in emerging markets, to the Great Depression, to the recent global crisis. Topics include bubbles, financial contagion, capital controls, currency mismatch and crisis prediction. Remainder of the subject explores major global economic challenges and evaluates policy responses. Topics include unsustainable debt, currency wars, future of the European Union, aging populations, global warming, trade imbalances, inequality and poverty, oil and commodity markets, foreign aid, international institutions, and the implications of rapid growth in the BRICs (Brazil, Russia, India, and China) and "frontier" economies. Some background in international economics recommended.

Credits:

3.00

Credit Hours:

Prerequisites:

Prereq: None

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

web.mit.edu/student/

Phone Number:

(617) 253-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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