Financial Crises and Financial Stability

Financial crises are a permanent phenomenon in the economy, but they differ in geographical range, intensity and effects. Their nature should be examined, if possible, on the basis of experiences from the past. They should be prevented in the future, or at least their effects on the economies and financial system should be minimized.

During the lectures students are going to learn about the mechanisms of formation and the process of crises that result in perturbations in the functioning of the economy and financial system.

Literatura podstawowa:

W. Małecki, A. Sławiński, R. Piasecki, U. Żuławska, Kryzysy walutowe, Wydawnictwo Naukowe PWN, Warszawa 2001; Kryzysy bankowe. Przyczyny i rozwiązania, praca zbiorowa pod red. M. Iwanicz-Drozdowskiej, PWE, Warszawa 2002; W. Nawrot, Globalny kryzys finansowy XXI wieku. Przyczyny, przebieg, skutki, prognozy, CeDeWu, Warszawa 2009; The First Global Financial Crisis of the 21st Century. red. A. Felton, C. Reinhart, Centre for Economic Policy Research, London, June 2008 (www.voxeu.org).

Literatura uzupełniająca:

F.S. Mishkin, Ekonomika pieniądza, bankowości i rynków finansowych, Wydawnictwo Naukowe PWN, Warszawa 2002; G. Caprio jr, A. Demirguc-Kunt, E.J. Kane, The 2007 metldown in structured securitization. Searching for lessons, not scapegoats. "Policy Research Working Paper", no 4756, World Bank, October 2008; H.P. Mynsky, The Financial Instability Hypothesis "Working Paper" nr 74, The Jerome Levy Economics Institute of Bard College, 1992; Wskazane artykuły wg wyboru prowadzącego.

Kryteria oceniania:

egzamin testowy: 50.00%

referaty/eseje: 50.00%

Financial crises are a permanent phenomenon in the economy, but they differ in geographical range, intensity and effects. Their nature should be examined, if possible, on the basis of experiences from the past. They should be prevented in the future, or at least their effects on the economies and financial system should be minimized.

During the lectures students are going to learn about the mechanisms of formation and the process of crises that result in perturbations in the functioning of the economy and financial system.

Literatura podstawowa:

W. Małecki, A. Sławiński, R. Piasecki, U. Żuławska, Kryzysy walutowe, Wydawnictwo Naukowe PWN, Warszawa 2001; Kryzysy bankowe. Przyczyny i rozwiązania, praca zbiorowa pod red. M. Iwanicz-Drozdowskiej, PWE, Warszawa 2002; W. Nawrot, Globalny kryzys finansowy XXI wieku. Przyczyny, przebieg, skutki, prognozy, CeDeWu, Warszawa 2009; The First Global Financial Crisis of the 21st Century. red. A. Felton, C. Reinhart, Centre for Economic Policy Research, London, June 2008 (www.voxeu.org).

Literatura uzupełniająca:

F.S. Mishkin, Ekonomika pieniądza, bankowości i rynków finansowych, Wydawnictwo Naukowe PWN, Warszawa 2002; G. Caprio jr, A. Demirguc-Kunt, E.J. Kane, The 2007 metldown in structured securitization. Searching for lessons, not scapegoats. "Policy Research Working Paper", no 4756, World Bank, October 2008; H.P. Mynsky, The Financial Instability Hypothesis "Working Paper" nr 74, The Jerome Levy Economics Institute of Bard College, 1992; Wskazane artykuły wg wyboru prowadzącego.

Kryteria oceniania:

egzamin testowy: 50.00%

referaty/eseje: 50.00%

Financial crises are a permanent phenomenon in the economy, but they differ in geographical range, intensity and effects. Their nature should be examined, if possible, on the basis of experiences from the past. They should be prevented in the future, or at least their effects on the economies and financial system should be minimized.

During the lectures students are going to learn about the mechanisms of formation and the process of crises that result in perturbations in the functioning of the economy and financial system.

Literatura podstawowa:

W. Małecki, A. Sławiński, R. Piasecki, U. Żuławska, Kryzysy walutowe, Wydawnictwo Naukowe PWN, Warszawa 2001; Kryzysy bankowe. Przyczyny i rozwiązania, praca zbiorowa pod red. M. Iwanicz-Drozdowskiej, PWE, Warszawa 2002; W. Nawrot, Globalny kryzys finansowy XXI wieku. Przyczyny, przebieg, skutki, prognozy, CeDeWu, Warszawa 2009; The First Global Financial Crisis of the 21st Century. red. A. Felton, C. Reinhart, Centre for Economic Policy Research, London, June 2008 (www.voxeu.org).

Literatura uzupełniająca:

F.S. Mishkin, Ekonomika pieniądza, bankowości i rynków finansowych, Wydawnictwo Naukowe PWN, Warszawa 2002; G. Caprio jr, A. Demirguc-Kunt, E.J. Kane, The 2007 metldown in structured securitization. Searching for lessons, not scapegoats. "Policy Research Working Paper", no 4756, World Bank, October 2008; H.P. Mynsky, The Financial Instability Hypothesis "Working Paper" nr 74, The Jerome Levy Economics Institute of Bard College, 1992; Wskazane artykuły wg wyboru prowadzącego.

Kryteria oceniania:

egzamin testowy: 50.00%

referaty/eseje: 50.00%

Financial crises are a permanent phenomenon in the economy, but they differ in geographical range, intensity and effects. Their nature should be examined, if possible, on the basis of experiences from the past. They should be prevented in the future, or at least their effects on the economies and financial system should be minimized.

During the lectures students are going to learn about the mechanisms of formation and the process of crises that result in perturbations in the functioning of the economy and financial system.

Literatura podstawowa:

W. Małecki, A. Sławiński, R. Piasecki, U. Żuławska, Kryzysy walutowe, Wydawnictwo Naukowe PWN, Warszawa 2001; Kryzysy bankowe. Przyczyny i rozwiązania, praca zbiorowa pod red. M. Iwanicz-Drozdowskiej, PWE, Warszawa 2002; W. Nawrot, Globalny kryzys finansowy XXI wieku. Przyczyny, przebieg, skutki, prognozy, CeDeWu, Warszawa 2009; The First Global Financial Crisis of the 21st Century. red. A. Felton, C. Reinhart, Centre for Economic Policy Research, London, June 2008 (www.voxeu.org).

Literatura uzupełniająca:

F.S. Mishkin, Ekonomika pieniądza, bankowości i rynków finansowych, Wydawnictwo Naukowe PWN, Warszawa 2002; G. Caprio jr, A. Demirguc-Kunt, E.J. Kane, The 2007 metldown in structured securitization. Searching for lessons, not scapegoats. "Policy Research Working Paper", no 4756, World Bank, October 2008; H.P. Mynsky, The Financial Instability Hypothesis "Working Paper" nr 74, The Jerome Levy Economics Institute of Bard College, 1992; Wskazane artykuły wg wyboru prowadzącego.

Kryteria oceniania:

egzamin testowy: 50.00%

referaty/eseje: 50.00%