Economics 397SL - ST- The Debt Economy

Spring
2021
01
3.00
Aaron Medlin
M W 2:30PM 3:45PM
UMass Amherst
84712
Fully Remote Class
amedlin@umass.edu
How debt works in the economy, and the broader political economic context of debt financing and financialization. We will explore answers to several important questions such as: What is debt and its function in society? How does debt emerge in capitalist economies? Is there a student loan debt crisis, and what are potential policy solutions? What were the causes and consequences of the 2008 Financial Crisis? What is corporate debt and what are its implications for the stability of the economy? What is government debt and its role in the economy? Throughout the course, we will explore a mix of theory, applied empirical studies, history, and policies relevant to debt.
ECON 104 & 103/RESEC 102 Open only to ECON/STPEC/RESEC/MGRECON primary majors.until after juniors enroll, then open to all on November 10.
Permission is required for interchange registration during the add/drop period only.