Econ
Term Paper Option 1
In this course, you need to write a term paper that covers one of the two assigned topics. The following content is for the instruction if you choose Option 1.
Required reading:
The assigned reading material are listed below. You will find the answer for most of the questions listed above from these reading material.
1. “Banking in the Shadows” by Paul Krugman; The Return of Depression Economics. ISBN: 0393337804 . To download, click here: Banking in the Shadows.pdf
2. “The Sum of All Fears” by Paul Krugman; The Return of Depression Economics. ISBN: 0393337804 . To downlaod, click here: The Sum of All Fears.pdf
3. Crisis Economics, by Noubriel Roubini and Stephen Nihm, Chapter 4 (Things Fall Apart) and Chapter 5 Global Pandemics Crisis Economics Ch 5 Global Pandermics.pdf Crisis Economics Ch4 Things Fall Apart.pdf
Crisis Economics Ch 5 Global Pandermics(1).docx Crisis Economics Ch4 Things Fall Apart(1).docx
Questions to discuss:
In 2007-2009, The US experienced a serious housing and financial crisis that took almost 10 years to recover. In the first discussion forum, we will discuss the following questions.
1. What is a bank run? What is the purpose of the Glass-Steagall legislation?
2. Use CDO's, credit swap, auction rate securities, or any other examples to define and explain the concept of "shadow banking". You need to at least use two examples.
3. List and explain the key reasons for the 2006-07 housing bubble, based on the reading you are assigned (you need to quote and refer the title and page numbers of those articles, not just random sources.
4. Combine your answer for items 2 and 3 to explain the causes the 2007-09 financial crisis. YOU NEED TO use an example (such as Lehman Brothers) to support your story.
5. Your recommendations of what the government can do to avoid a similar crisis in the future.
Format and other requirements: Time New Roman; Font: 12; double space; single page; 5-10 pages (excluding reference); APA format.
Your grade will be assigned based on the following rubrics:
Writt Comm rubric.docx Tech Comp rubric.docx Info Lit Rubric.docx Crit Anal rubric.docx