- 2008 Financial Crisis-

Last week we discussed market structures and market failures. This week we are going into market failure in depth by studying the 2008 financial crisis. We will be using the next two weeks to discuss the crisis while we transition from talking about markets into discussing the banking system.

Here’s what you need to know:

Classes: Monday/Wednesday, 9:45 – 10:30 AM

Zoom ID: 723 9635 0716

*as always, please see Teams for the password.

Weekly Objectives

Explain the underlying causes of the 2008 financial crisis. Tell the story of the credit bubble that caused the financial crash. Describe how excessive income inequality in society leads to economic instability.

New Assignments Due 11/9

1. The Flaw (2011) Documentary Questions Part 1 (11/2)
2. The Flaw (2011) Documentary Questions Part 2 (11/4)

Late Assignments Due 11/9

1. Popular V. President Handout
2. Electoral College: Addressing the Issues Through Primary Sources
3. The Best Way to Elect the President of the United States Essay