Informações sobre o curso
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.
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Clock

Approx. 24 hours to complete

Sugerido: 11 weeks of study, 4-6 hours/week
Comment Dots

English

Legendas: English, Romanian

Habilidades que você terá

Financial MarketsFinanceEconomicsRisk Management
Globe

cursos 100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Clock

Approx. 24 hours to complete

Sugerido: 11 weeks of study, 4-6 hours/week
Comment Dots

English

Legendas: English, Romanian

Syllabus - What you will learn from this course

1

Section
Clock
2 hours to complete

Introduction to The Global Financial Crisis

...
Reading
6 videos (Total 76 min), 5 readings
Video6 videos
Lecture: What is a Financial Crisis?3m
Lecture: Why Study the Global Financial Crisis?2m
Lecture: Course Themes6m
Lecture: Course Organization5m
Question and Answer50m
Reading5 readings
Introduction to The Global Financial Crisis Slides10m
Suggested Readings10m
Pre-Course Survey10m
Before You Begin10m
Recommended Additional Readings10m
Clock
1 hour to complete

The Common Causes of Financial Crises

...
Reading
5 videos (Total 33 min), 2 readings, 6 quizzes
Video5 videos
Lecture: What Causes Financial Crises? Part 16m
Lecture: What Causes Financial Crises? Part 26m
Lecture: Causes of the 2008-2009 Financial Crisis5m
Lecture: What did We Miss and Why Did We Miss it?6m
Reading2 readings
Why study the Global Financial Crisis? Slides10m
Suggested Readings10m
Quiz6 practice exercises
Module 2, Quiz 14m
Module 2, Quiz 24m
Module 2, Quiz 34m
Module 2, Quiz 44m
Module 2, Quiz 54m
Module 2, Wrap Up16m

2

Section
Clock
2 hours to complete

Housing and Mortgages

...
Reading
9 videos (Total 40 min), 2 readings, 8 quizzes
Video9 videos
Lecture: Housing Bubbles and Financial Crises3m
Lecture: Mortgages: Fixed and Adjustable6m
Lecture: Prime Mortgages3m
Lecture: Nonprime Mortgages4m
Lecture: Why Subprime Mortgages?8m
Lecture: Some Foreclosure Facts6m
Lecture: Crisis Terminology3m
Summary: Housing and Mortgages1m
Reading2 readings
Housing and Mortgages Slides10m
Suggested Readings10m
Quiz8 practice exercises
Module 3, Quiz 14m
Module 3, Quiz 24m
Module 3, Quiz 34m
Module 3, Quiz 44m
Module 3, Quiz 54m
Module 3, Quiz 64m
Module 3, Quiz 72m
Module 3, Wrap Up16m

3

Section
Clock
2 hours to complete

Safe Assets and the Global Savings Glut

...
Reading
12 videos (Total 62 min), 2 readings, 11 quizzes
Video12 videos
Lecture: Shadow Banking9m
Lecture: Safe Assets6m
Lecture: The Global Savings Glut Hypothesis7m
Lecture: Global Savings Glut Data, Part I8m
Lecture: Global Savings Glut Data, Part II2m
Lecture: Safe Asset Supply4m
Lecture: Manufacturing Safe Assets4m
Lecture: Securitization: Overview6m
Lecture: Securitization: Data, Part I3m
Lecture: Securitization: Data, Part II4m
Summary: Safe Assets and the Global Savings Glut2m
Reading2 readings
Safe Assets and the Global Savings Glut Slides10m
Suggested Readings10m
Quiz11 practice exercises
Module 4, Quiz 14m
Module 4, Quiz 24m
Module 4, Quiz 34m
Module 4, Quiz 44m
Module 4, Quiz 54m
Module 4, Quiz 64m
Module 4, Quiz 74m
Module 4, Quiz 84m
Module 4, Quiz 94m
Module 4, Quiz 104m
Module 4, Wrap Up20m

4

Section
Clock
2 hours to complete

The Housing Crisis

...
Reading
10 videos (Total 52 min), 2 readings, 9 quizzes
Video10 videos
Lecture: What Caused the Housing Crisis2m
Lecture: 3 Hypotheses8m
Lecture: Bad Behavior, Part I6m
Lecture: Hypothesis 1: Bad Behavior, Part II5m
Lecture: Bad Behavior, Part III5m
Lecture: Government Failure, Part I3m
Lecture: Hypothesis 2: Government Failure, Part II6m
Lecture: Hypothesis 3: Bubble Thinking9m
Summary: The Housing Crisis1m
Reading2 readings
The Housing Crisis Slides10m
Suggested Readings10m
Quiz9 practice exercises
Module 5, Quiz 14m
Module 5, Quiz 24m
Module 5, Quiz 34m
Module 5, Quiz 44m
Module 5, Quiz 54m
Module 5, Quiz 64m
Module 5, Quiz 74m
Module 5, Quiz 84m
Module 5, Wrap Up16m

5

Section
Clock
2 hours to complete

Anxiety, Part I

...
Reading
12 videos (Total 61 min), 2 readings, 11 quizzes
Video12 videos
Lecture: Some Notable Events in 20075m
Lecture: ABX4m
Lecture: ABX Data7m
Lecture: Anxiety Spreads to Interbank Markets6m
Lecture: LIBOR-OIS4m
Lecture: LIBOR-OIS Data4m
Lecture: Asset-Backed Commercial Paper7m
Lecture: ABCP Data4m
Lecture: ABCP Runs, Part I6m
Lecture: ABCP Runs, Part II4m
Lecture: Module 6 Summary2m
Reading2 readings
Anxiety, Part I Slides10m
Suggested Readings10m
Quiz11 practice exercises
Module 6, Quiz 14m
Module 6, Quiz 24m
Module 6, Quiz 34m
Module 6, Quiz 44m
Module 6, Quiz 54m
Module 6, Quiz 64m
Module 6, Quiz 74m
Module 6, Quiz 84m
Module 6, Quiz 94m
Module 6, Quiz 104m
Module 6, Wrap Up16m

6

Section
Clock
2 hours to complete

Anxiety, Part II

...
Reading
9 videos (Total 48 min), 2 readings, 8 quizzes
Video9 videos
Lecture: Northern Rock: Narrative5m
Lecture: Northern Rock and the Global Financial Crisis8m
Lecture: The "Monolines"5m
Lecture: Auction Rate Securities8m
Lecture: Bear Stearns, Part I4m
Lecture: Bear Stearns, Part II8m
Lecture: Bear Stearns, Part III2m
Summary: Anxiety, Part II2m
Reading2 readings
Anxiety, Part II Slides10m
Suggested Reading10m
Quiz8 practice exercises
Module 7, Quiz 14m
Module 7, Quiz 24m
Module 7, Quiz 34m
Module 7, Quiz 44m
Module 7, Quiz 54m
Module 7, Quiz 64m
Module 7, Quiz 74m
Module 7, Wrap Up16m

7

Section
Clock
2 hours to complete

Panic

...
Reading
9 videos (Total 63 min), 2 readings, 9 quizzes
Video9 videos
Lecture: Shadow Banking7m
Lecture: Repo9m
Lecture: The GSEs5m
Lecture: Lehman Brothers8m
Lecture: MMMFs9m
Lecture: AIG4m
Lecture: The Run on Repo8m
Lecture: Module 8 Summary5m
Reading2 readings
Panic Slides10m
Suggested Readings10m
Quiz9 practice exercises
Module 8, Quiz 14m
Module 8, Quiz 24m
Module 8, Quiz 34m
Module 8, Quiz 44m
Module 8, Quiz 54m
Module 8, Quiz 64m
Module 8, Quiz 74m
Module 8, Quiz 84m
Module 8, Wrap Up16m

8

Section
Clock
2 hours to complete

Our Responses to the Crisis

...
Reading
10 videos (Total 57 min), 2 readings, 11 quizzes
Video10 videos
Lecture: Phase 1: Letting It Burn5m
Lecture: Phase 1: Letting it Burn - Framework for Crisis Resolution6m
Lecture: Phase 2: Early Escalation - The Policy Response2m
Lecture: Phase 3: Breaking the Panic - Market Developments4m
Lecture: Triage in a Panic6m
Lecture: Phase 4: Resolution - Market Developments3m
Lecture: Phase 4: Resolution: What We Did2m
Lecture: The Stress Test7m
Lecture: Housing Response11m
Reading2 readings
Our Responses to the Crisis Slides10m
Suggested Readings10m
Quiz11 practice exercises
Module 9, Quiz 14m
Module 9, Quiz 24m
Module 9, Quiz 34m
Module 9, Quiz 44m
Module 9, Quiz 54m
Module 9, Quiz 64m
Module 9, Quiz 74m
Module 9, Quiz 84m
Module 9, Quiz 94m
Module 9, Quiz 104m
Module 9, Wrap Up18m

9

Section
Clock
1 hour to complete

Responding to Future Crises

...
Reading
6 videos (Total 42 min), 1 reading, 6 quizzes
Video6 videos
Lecture: What Have We Learned? Outcomes: Prisms 6-1010m
Lecture: Unfinished Business3m
Lecture: Playbook: Rule 1-58m
Lecture: Playbook: Rule 6-107m
Lecture: Responding to Future Crises Conclusion3m
Reading1 readings
Responding to Future Crises Slides10m
Quiz6 practice exercises
Module 10, Quiz 14m
Module 10, Quiz 24m
Module 10, Quiz 34m
Module 10, Quiz 44m
Module 10, Quiz 54m
Module 10, Wrap Up16m

10

Section
Clock
2 hours to complete

Europe in the Global Financial Crisis

...
Reading
8 videos (Total 37 min), 2 readings, 7 quizzes
Video8 videos
Lecture: The Euro: Background2m
Lecture: European Growth and Unemployment5m
Lecture: Three Connected Crises5m
Lecture: Timeline4m
Lecture: Ireland7m
Lecture: Iceland7m
Summary: Europe in the Global Financial Crisis1m
Reading2 readings
Europe in the Global Financial Crisis Slides10m
Suggested Readings10m
Quiz7 practice exercises
Module 11, Quiz 14m
Module 11, Quiz 22m
Module 11, Quiz 34m
Module 11, Quiz 44m
Module 11, Quiz 54m
Module 11, Quiz 64m
Module 11, Wrap Up16m

11

Section
Clock
2 hours to complete

The Eurozone Crisis

...
Reading
12 videos (Total 53 min), 2 readings, 11 quizzes
Video12 videos
Lecture: Eurozone Crisis: Overview2m
Lecture: Eurozone Crisis: Timeline, Part I7m
Lecture: Eurozone Crisis: Timeline, Part II4m
Lecture: Eurozone Crisis: Timeline, Part III1m
The Economics of the Euro8m
Lecture: Ireland and Iceland Revisited, Part I4m
Lecture: Ireland and Iceland Revisited, Part II6m
Lecture: Ireland and Iceland Revisited, Aftermath1m
Lecture: Internal Devaluations4m
The Euro and the Gold Standard: Lessons from the Great Depression8m
Summary: The Eurozone Crisis1m
Reading2 readings
The Eurozone Crisis Slides10m
Suggested Readings10m
Quiz11 practice exercises
Module 12, Quiz 14m
Module 12, Quiz 24m
Module 12, Quiz 34m
Module 12, Quiz 44m
Module 12, Quiz 54m
Module 12, Quiz 64m
Module 12, Quiz 74m
Module 12, Quiz 84m
Module 12, Quiz 94m
Module 12, Quiz 104m
Module 12, Wrap Up16m
Clock
1 hour to complete

Course Summary

Course Summary...
Reading
1 video (Total 13 min), 2 readings
Video1 videos
Reading2 readings
Summary Slides10m
Post-Course Survey10m
4.8
Direction Signs

44%

started a new career after completing these courses
Briefcase

83%

got a tangible career benefit from this course

Top Reviews

By TSApr 9th 2017

Great course indeed. I was following the materials and videos of the crisis for a long time and this course perfectly summarized everthing back by data analysis. Highly recommended to all enthusiasts.

By JCMar 16th 2018

Excellent course on the GFC, I would highly recommend this to anyone wanting to learn more about the crisis. The instructors were very good and took a complex subject and made it very understandable.

Instructors

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Andrew Metrick

Michael H. Jordan Professor of Finance and Management
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Timothy Geithner

Lecturer in Management, Yale SOM, Former U.S. Secretary of the Treasury

About Yale University

For more than 300 years, Yale University has inspired the minds that inspire the world. Based in New Haven, Connecticut, Yale brings people and ideas together for positive impact around the globe. A research university that focuses on students and encourages learning as an essential way of life, Yale is a place for connection, creativity, and innovation among cultures and across disciplines. ...

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