The aim of the course is to provide students with a general overview of the economic and financial crises. Participants in the course should be able to describe the main models of currency, economic and financial crises and their causes of them. They should understand the mechanisms of the crises development, the consequences of them and the ways of exiting from the different models of the crises. Special attention will be paid to the last global financial crises in the United States and the European Union. Both crises were characterized by great complexity. Students should not only understand the mechanisms leading to the crisis but also the current situation of the developed countries and the possible scenarios for economic development in the future.

Lecturer: Prof. Piotr Łasak, Jagiellonian University (Poland)