Algemene informatie
Vakcode | E_HP1_BC |
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Studiepunten | 6 EC |
Periode | P5 |
Vakniveau | 300 |
Onderwijstaal | Engels |
Faculteit | School of Business and Economics |
Vakcoördinator | dr. A.H. Siegmann |
Examinator | dr. A.H. Siegmann |
Docenten |
dr. A.H. Siegmann |
Praktische informatie
Voor dit vak moet je zelf intekenen.
Voor dit vak kun je last-minute intekenen.
Werkvormen | Hoorcollege |
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Doelgroepen
Dit vak is ook toegankelijk als:
Dit vak wordt in het Engels aangeboden. Omschrijvingen kunnen daardoor mogelijk alleen in het Engels worden weergegeven.
Doel vak
The goal of the course is to introduce you to the economic thinking onthe causes of stock market bubbles and crashes. Two additional goals are
the development of your discussion skills and writing in English.
Inhoud vak
The financial crisis that started in 2007/2008 led to the most seriouseconomic and financial crisis since the 1930s. However, many of the
elements of the current crisis are not new. In fact, there is a whole
body of literature studying bubbles and crashes. In this course, we will
learn about historical bubbles, crises and their causes, and the
economic models that offer an explanation for these phenomena. The
models include behavioral finance explanations as well as classical
theories on the behavior of lenders, borrowers, investors and political
institutions.
Onderwijsvorm
The course is structured as a series of discussion sessions, for whichstudents prepare discussion questions on selected academic papers.
The role of chair is rotated among students. Three assignments deal with
(i) identifying stock market crashes, (ii) predicting crashes, and (iii)
setting up and evaluating an investment strategy that exploits bubble
and crash patterns over time.
Toetsvorm
The course grade consists for 50% of preparation and in-classparticipation and for 50% of the assignments.
Literatuur
Literature (links) are provided.Doelgroep
The intented audience is second and third-year students of Economics andBusiness Economics, (International) Business Administration and
Econometrics.