Former U.S. Secretary of the Treasury Timothy F. Geithner and Professor Andrew Metrick survey the causes, events, policy responses, and aftermath of the recent global financial crisis.
What's included
6 videos4 readings1 assignment
Show info about module content
6 videos•Total 76 minutes
Introduction to The Global Financial Crisis•7 minutes
Lecture: What is a Financial Crisis?•4 minutes
Lecture: Why Study the Global Financial Crisis?•2 minutes
Lecture: Course Themes•7 minutes
Lecture: Course Organization•6 minutes
Question and Answer•51 minutes
4 readings•Total 40 minutes
Introduction to The Global Financial Crisis Slides•10 minutes
Suggested Readings•10 minutes
Before You Begin•10 minutes
Recommended Additional Readings•10 minutes
1 assignment•Total 10 minutes
Practice Quiz•10 minutes
The Common Causes of Financial Crises
Module 2•4 hours to complete
Module details
What's included
5 videos2 readings6 assignments
Show info about module content
5 videos•Total 33 minutes
Lecture: Why Does This Matter?•9 minutes
Lecture: What Causes Financial Crises? Part 1•7 minutes
Lecture: What Causes Financial Crises? Part 2•7 minutes
Lecture: Causes of the 2008-2009 Financial Crisis•5 minutes
Lecture: What did We Miss and Why Did We Miss it?•6 minutes
2 readings•Total 20 minutes
Why study the Global Financial Crisis? Slides•10 minutes
Suggested Readings•10 minutes
6 assignments•Total 166 minutes
Module 2, Quiz 1•30 minutes
Module 2, Quiz 2•30 minutes
Module 2, Quiz 3•30 minutes
Module 2, Quiz 4•30 minutes
Module 2, Quiz 5•30 minutes
Module 2, Wrap Up•16 minutes
Housing and Mortgages
Module 3•5 hours to complete
Module details
What's included
9 videos2 readings8 assignments
Show info about module content
9 videos•Total 40 minutes
Introduction: Housing and Mortgages•2 minutes
Lecture: Housing Bubbles and Financial Crises•3 minutes
Lecture: Mortgages: Fixed and Adjustable•7 minutes
Lecture: Prime Mortgages•4 minutes
Lecture: Nonprime Mortgages•5 minutes
Lecture: Why Subprime Mortgages?•8 minutes
Lecture: Some Foreclosure Facts•7 minutes
Lecture: Crisis Terminology•3 minutes
Summary: Housing and Mortgages•1 minute
2 readings•Total 20 minutes
Housing and Mortgages Slides•10 minutes
Suggested Readings•10 minutes
8 assignments•Total 240 minutes
Module 3, Quiz 1•30 minutes
Module 3, Quiz 2•30 minutes
Module 3, Quiz 3•30 minutes
Module 3, Quiz 4•30 minutes
Module 3, Quiz 5•30 minutes
Module 3, Quiz 6•30 minutes
Module 3, Quiz 7•30 minutes
Module 3, Wrap Up•30 minutes
Safe Assets and the Global Savings Glut
Module 4•7 hours to complete
Module details
What's included
12 videos2 readings11 assignments
Show info about module content
12 videos•Total 62 minutes
Introduction: Safe Assets and the Global Savings Glut•2 minutes
Lecture: Shadow Banking•9 minutes
Lecture: Safe Assets•6 minutes
Lecture: The Global Savings Glut Hypothesis•7 minutes
Lecture: Global Savings Glut Data, Part I•8 minutes
Lecture: Global Savings Glut Data, Part II•3 minutes
Lecture: Safe Asset Supply•4 minutes
Lecture: Manufacturing Safe Assets•5 minutes
Lecture: Securitization: Overview•6 minutes
Lecture: Securitization: Data, Part I•3 minutes
Lecture: Securitization: Data, Part II•4 minutes
Summary: Safe Assets and the Global Savings Glut•3 minutes
2 readings•Total 20 minutes
Safe Assets and the Global Savings Glut Slides•10 minutes
Suggested Readings•10 minutes
11 assignments•Total 330 minutes
Module 4, Quiz 1•30 minutes
Module 4, Quiz 2•30 minutes
Module 4, Quiz 3•30 minutes
Module 4, Quiz 4•30 minutes
Module 4, Quiz 5•30 minutes
Module 4, Quiz 6•30 minutes
Module 4, Quiz 7•30 minutes
Module 4, Quiz 8•30 minutes
Module 4, Quiz 9•30 minutes
Module 4, Quiz 10•30 minutes
Module 4, Wrap Up•30 minutes
The Housing Crisis
Module 5•6 hours to complete
Module details
What's included
10 videos2 readings9 assignments
Show info about module content
10 videos•Total 52 minutes
Introduction: The Housing Crisis•2 minutes
Lecture: What Caused the Housing Crisis•2 minutes
Lecture: 3 Hypotheses•9 minutes
Lecture: Bad Behavior, Part I•7 minutes
Lecture: Hypothesis 1: Bad Behavior, Part II•6 minutes
Lecture: Bad Behavior, Part III•5 minutes
Lecture: Government Failure, Part I•3 minutes
Lecture: Hypothesis 2: Government Failure, Part II•6 minutes
Lecture: Hypothesis 3: Bubble Thinking•10 minutes
Summary: The Housing Crisis•2 minutes
2 readings•Total 20 minutes
The Housing Crisis Slides•10 minutes
Suggested Readings•10 minutes
9 assignments•Total 270 minutes
Module 5, Quiz 1•30 minutes
Module 5, Quiz 2•30 minutes
Module 5, Quiz 3•30 minutes
Module 5, Quiz 4•30 minutes
Module 5, Quiz 5•30 minutes
Module 5, Quiz 6•30 minutes
Module 5, Quiz 7•30 minutes
Module 5, Quiz 8•30 minutes
Module 5, Wrap Up•30 minutes
Anxiety, Part I
Module 6•6 hours to complete
Module details
What's included
12 videos2 readings11 assignments
Show info about module content
12 videos•Total 61 minutes
Introduction: Anxiety, Part I•3 minutes
Lecture: Some Notable Events in 2007•5 minutes
Lecture: ABX•4 minutes
Lecture: ABX Data•7 minutes
Lecture: Anxiety Spreads to Interbank Markets•7 minutes
Lecture: LIBOR-OIS•5 minutes
Lecture: LIBOR-OIS Data•5 minutes
Lecture: Asset-Backed Commercial Paper•8 minutes
Lecture: ABCP Data•5 minutes
Lecture: ABCP Runs, Part I•7 minutes
Lecture: ABCP Runs, Part II•4 minutes
Lecture: Module 6 Summary•2 minutes
2 readings•Total 20 minutes
Anxiety, Part I Slides•10 minutes
Suggested Readings•10 minutes
11 assignments•Total 304 minutes
Module 6, Quiz 1•30 minutes
Module 6, Quiz 2•30 minutes
Module 6, Quiz 3•30 minutes
Module 6, Quiz 4•30 minutes
Module 6, Quiz 5•30 minutes
Module 6, Quiz 6•30 minutes
Module 6, Quiz 7•4 minutes
Module 6, Quiz 8•30 minutes
Module 6, Quiz 9•30 minutes
Module 6, Quiz 10•30 minutes
Module 6, Wrap Up•30 minutes
Anxiety, Part II
Module 7•5 hours to complete
Module details
What's included
9 videos2 readings8 assignments
Show info about module content
9 videos•Total 48 minutes
Introduction: Anxiety, Part II•3 minutes
Lecture: Northern Rock: Narrative•5 minutes
Lecture: Northern Rock and the Global Financial Crisis•9 minutes
Lecture: The "Monolines"•5 minutes
Lecture: Auction Rate Securities•8 minutes
Lecture: Bear Stearns, Part I•5 minutes
Lecture: Bear Stearns, Part II•8 minutes
Lecture: Bear Stearns, Part III•2 minutes
Summary: Anxiety, Part II•2 minutes
2 readings•Total 20 minutes
Anxiety, Part II Slides•10 minutes
Suggested Reading•10 minutes
8 assignments•Total 240 minutes
Module 7, Quiz 1•30 minutes
Module 7, Quiz 2•30 minutes
Module 7, Quiz 3•30 minutes
Module 7, Quiz 4•30 minutes
Module 7, Quiz 5•30 minutes
Module 7, Quiz 6•30 minutes
Module 7, Quiz 7•30 minutes
Module 7, Wrap Up•30 minutes
Panic
Module 8•5 hours to complete
Module details
What's included
9 videos2 readings9 assignments
Show info about module content
9 videos•Total 63 minutes
Introduction: Panic•2 minutes
Lecture: Shadow Banking•8 minutes
Lecture: Repo•10 minutes
Lecture: The GSEs•5 minutes
Lecture: Lehman Brothers•9 minutes
Lecture: MMMFs•10 minutes
Lecture: AIG•5 minutes
Lecture: The Run on Repo•9 minutes
Lecture: Module 8 Summary•6 minutes
2 readings•Total 20 minutes
Panic Slides•10 minutes
Suggested Readings•10 minutes
9 assignments•Total 244 minutes
Module 8, Quiz 1•30 minutes
Module 8, Quiz 2•30 minutes
Module 8, Quiz 3•30 minutes
Module 8, Quiz 4•30 minutes
Module 8, Quiz 5•4 minutes
Module 8, Quiz 6•30 minutes
Module 8, Quiz 7•30 minutes
Module 8, Quiz 8•30 minutes
Module 8, Wrap Up•30 minutes
Our Responses to the Crisis
Module 9•7 hours to complete
Module details
What's included
10 videos2 readings11 assignments
Show info about module content
10 videos•Total 57 minutes
Lecture: United States Financial Capacity•6 minutes
Lecture: Phase 1: Letting It Burn•5 minutes
Lecture: Phase 1: Letting it Burn - Framework for Crisis Resolution•6 minutes
Lecture: Phase 2: Early Escalation - The Policy Response•3 minutes
Lecture: Phase 3: Breaking the Panic - Market Developments•4 minutes
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M
MS
5·
Reviewed on Apr 13, 2020
The material is meticulously explained in a calm , experienced manner. Readings add depth and further support graphs and lecture. What an interesting time to be learning about the crisis of 08-09
C
CV
5·
Reviewed on Jan 10, 2017
Excellent course. A real privilege to have this kind of instructors. Exceptional opportunity to receive information directly from one of the main protagonists of the event.
H
HM
5·
Reviewed on Jan 25, 2018
A must course for anyone looking to understand why 2008 crisis happened. The fact that the course is taught by Professor Metrick and Secretary Geithner gives one more reason to enroll.
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