PUBPOL 495

PUBPOL 495.006: Policy Seminar: Politics of Debt

Download Syllabus
Level
Undergraduate
Term
Fall 2018
Days
Monday, Wednesday
Time
8:30-9:50 am EDT
Course Section
006
U-M Course Number
32485
Credit Hours
4

This course will explore the politics of debt. Robust credit markets can fuel economic growth, but the resulting debt can be dangerous, and politically controversial. In this course we will ask and answer questions relating to the creation and maintenance of well-functioning debt markets. These questions include: What makes a government creditworthy? Why do corporate and consumer debt markets flourish in some countries, but not others? Why do debt crises happen, and what are the political implications of them? What are the consequences of growing consumer debt loads (including payday loans, and student loans), and what ethical questions does that growth pose? The readings for this course will draw primarily from works in political science, economics and history. The course will culminate in an original research paper on the debt-related topic of the student’s choosing.