2010-11 Catalog

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Offering Description

Understanding the Financial Crisis

Summer quarter

Faculty: Alan Nasser political economy, foreign policy, philosophy

Summer: CRN (Credit) Level 40189 (4 GR) Second Session; 40206 (4 UG) Fr - Sr Second Session  

Credits: 4(Su)

Class Standing: Freshmen - Graduate

Offered During: Evening


The financial crisis is a turning point for American society and world history. It marks the beginning of what economists now call "the new normal". Understanding it can help in making sense of the world and planning for the future. This class helps students to understand where the crisis came from and where it is likely to lead. Clear explanations will be given for terms like securitization, derivatives, credit default swaps, and financial vs. real economy. Implications for income and job growth will also be studied.

Maximum Enrollment: 25

Advertised Schedule: 6-10p Mon/Wed (Jul. 25 - Aug. 24)

Undergraduate Credit Option: This offering is open to both undergraduate and graduate students.

Preparatory for studies or careers in: politics, economics, business, finance, public administation, teaching

Campus Location: Olympia

Online Learning: Enhanced Online Learning

Books: www.tescbookstore.com