Home Specialist skills Policy Booms, Recessions and Bubbles

Booms, Recessions and Bubbles

Learn about the circular flow of balance of payments
Understand the benchmark model for economic growth, the common causes of past bubbles, long term valuation concepts, how and when a bubble in one sector becomes a problem
Know how to pinpoint the root causes of booms escalating into bubbles

Overview

Off the shelf (OTS)

This 2-day course starts with a review of the main economic explanations for cyclical deviations from long term growth trajectories and equilibrium adjustments before considering large and protracted investment bubbles and their effect on the economy in day 2. The assessment of disequilibria from a number of theoretical perspectives will be covered in this context.