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University of Hong Kong
Describe the socio-economic background and the possible causes for the financial crisis and explain how the crisis through the different financial and economic channels can reinforce itself and affect other economies in the world.
Formulate critical questions and reflections regarding issues of economic development against an understanding that very often our efforts to respond to one problem might lay the foundations for the next.
Critically evaluate the effectiveness of the various government policies for the rescue of the faltering economy and assess how these policies in one country can impact others in the global economy.
Demonstrate understanding that the elimination of crises, if possible at all, is very costly and hence why crises will almost certainly recur.
Assess how the current crisis will form and shape the future path of growth and development for the global economy.
Class participation and tutorial discussions 10
Homework and case summaries 20
Group project and presentation 20
Individual report on group project 20
Take-home test 30
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Large workload but much to learn
2 assignments, 1 group project, 1 take-home exam
2008 financial crisis
tutorial + 2 eesays +1 video presentation
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