Course Description:
Videos on the causes and effects of the credit crisis/crunch.
Lectures:
Lecture 1 - Why Housing Prices Climbed So Quickly
Why did housing prices go up so much from 2000-2006 even though classical supply/demand would not have called for it.
Lecture 2 - The Effect of Lower Lending Standards
How lower lending standards led to housing price inflation.
Lecture 3 - The Cause of Lower Lending Standards
Why did lending standards become more and more lax from 2000 to 2006?
Lecture 4 - Virtuous Circle of Housing Price Appreciation
The virtuous circle of housing price appreciation making defaults go down making lending lax making housing appreciate even more.
Lecture 5 - Introduction to Mortgage-Backed Securities
Part I of the introduction to mortgage-backed securities.
Lecture 6 - Mortgage-Backed Securities Part 2
Part II of the introduction to mortgage-backed securities.
Lecture 7 - Mortgage-Backed Securities Part 3
More on mortgage-backed securities.
Lecture 8 - Collateralized Debt Obligation (CDO)
Introduction to collateralized debt obligations (to be listen to after series on mortgage-backed securities.
Lecture 9 - Bailout 13: Does the Bailout Have a Chance of Working?
Can the bailout work?
Lecture 10 - Credit Default Swaps 1
Introduction to credit default swaps.
Lecture 11 - Credit Default Swaps 2
Systemic risks of credit default swaps. Financial weapons of mass destruction.
Lecture 12 - Wealth Destruction 1
How bubbles destroy wealth.
Lecture 13 - Wealth Destruction 2
How bubbles destroy wealth.
Source: http://academicearth.org/courses/credit-crisis
