Category:Economic problems

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For problems dealt with in economics and finance.

Wikimedia Commons has media related to Economic problems.

Subcategories

This category has the following 32 subcategories, out of 32 total.

A ► Anti-competitive behaviour‎ (4 C, 65 P) B ► Economic bubbles‎ (2 C, 32 P) ► Business failures‎ (3 C, 9 P) C ► Child labour‎ (6 C, 53 P) ► Child poverty‎ (18 P) ► Commercial crimes‎ (9 C, 48 P) ► Corporate crime‎ (8 C, 79 P) ► Corporate scandals‎ (4 C, 88 P) ► Corruption‎ (10 C, 41 P) D ► Debt‎ (11 C, 101 P) ► Economic disasters‎ (3 C, 15 P)

E ► Economic crises‎ (4 C, 12 P) ► Economic inequality‎ (5 C, 52 P) ► Energy crises‎ (5 C, 14 P) ► Ethically disputed business practices‎ (4 C, 62 P) F ► Financial crises‎ (6 C, 108 P) H ► Housing problems‎ (1 P) I ► Inflation‎ (2 C, 76 P) M ► Market failure‎ (3 C, 38 P) ► Monetary hegemony‎ (16 P) ► Monopoly (economics)‎ (6 C, 75 P) O ► Offshoring‎ (25 P)

P ► Economics paradoxes‎ (31 P) ► Personal financial problems‎ (1 C, 19 P) ► Poverty‎ (21 C, 131 P) ► Economic puzzles‎ (15 P) R ► Recessions‎ (2 C, 38 P) S ► Social inequality‎ (11 C, 76 P) ► Stock market crashes‎ (43 P, 2 F) U ► Unemployment‎ (4 C, 43 P) ► Urban decay‎ (5 C, 51 P) Σ ► Economic problem stubs‎ (26 P)

Pages in category "Economic problems"

The following 123 pages are in this category, out of 123 total. This list may not reflect recent changes (learn more).

2 2000s energy crisis 2007–08 world food price crisis 9 99ers A Affluenza Age stratification Agequake Agflation Asset price inflation B Balance sheet recession Bank run Bank Transfer Day Bankruptcy Bankruptcy alternatives Base effect Benefit shortfall Biflation Budget crisis C Chronic inflation Climate change Corporate crime Credit crunch Crisis theory Criticisms of socialism Crony capitalism Crony-capitalism index Currency crisis Cycle of poverty D Default trap Deflation Deindustrialization Demographic trap Dependency ratio Dominant minority Dutch disease E Economic bubble Economic calculation problem Economic collapse Economic impact of HIV/AIDS Economic mobility Economic stagnation Escape from Affluenza

E cont. Expenditure cascades Exploitation F Financial contagion Financial crisis Financial fragility Flight-to-liquidity Flight-to-quality George Samuel Ford G Glass ceiling Global recession Global warming Government failure Growth recession H Hahn's problem Horizontal inequality Hyperinflation I Income deficit Inflation Innovation butterfly Insider trading Insolvency law of Russia K Kleptocracy L Liquidity crisis List of countries by long-term unemployment rate List of recessions in the United Kingdom List of recessions in the United States List of unsolved problems in economics M Malthusian catastrophe Malthusian trap Market abuse Market failure Measuring poverty Megacorpstate Middle-class squeeze Minsky moment Monetary inflation Monopoly N The Nature of Mass Poverty North–South divide in the United Kingdom O Official Committee of Equity Security Holders Oil depletion

O cont. Oligopoly Overaccumulation Overcapitalisation P Pandemic Panic selling Pensions crisis Plutocracy Population decline Poverty in the United States Poverty threshold Poverty trap Price scissors R Recession Rolling recession Rural flight S Sacrifice zone Sisyphism Socialist calculation debate Societal collapse Sovereign default Spending wave Split labor market theory Stagflation State monopoly capitalism Staycation Stock market bubble List of stock market crashes and bear markets Sub-replacement fertility Sunshine tax T Theories of poverty Trail commission Turnaround management Twin crises U Uneconomic growth Unemployment United States credit default Urban decay W Waithood Weber problem Encyclopedia of World Problems and Human Potential Y Youth unemployment

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Manchester University move to scrap banking crash module angers students

Blogger Reference Link http://www.p2pfoundation.net/Transfinancial_Economics

Course leaders cancelled the Bubbles, Panics and Crashes module developed as counterpoint to free-market teaching

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• Phillip Inman, economics correspondent
• The Guardian, Wednesday 2 April 2014 19.14 BST

Joe Earle, front and centre, says students are upset by what they believe are the university’s attempts to obstruct teaching of alternative economic perspectives. Photograph: John Super

Manchester University bosses came under fire from angry economics students after they scrapped a groundbreaking course that examined the effects of the 2008 banking crash.
In an escalation of the crisis gripping university economics departments, the course leaders cancelled the Bubbles, Panics and Crashes module developed to answer protests at the dominance of orthodox free-market teaching.

Students said the U-turn undermined the credibility of senior staff who promised reforms and meant the department was actively obstructing debate over the causes of the financial crash and why economists failed to see it coming.
Next week, they will hold a day of debates to run alongside the Royal Economic Society’s annual conference, which is held over three days at Manchester University. A manifesto for reform – The Revolution in Economics – will also be published with a foreword by Andy Haldane, the Bank of England’s director of financial stability.
The row broke out last year when students claimed that mainstream economic teaching failed to address the underlying causes of the banking crash, and was in part responsible for politicians and financial watchdogs relying on free-market theories and light-touch regulation.
Undergraduates in Manchester formed the Post-Crash Economics Society and joined groups at the London School of Economics, Cambridge University and University College London to rebel against what they saw as the dominance of discredited theories that rely on mathematical formulas and not real-world examples.
In response, several university departments agreed to implement a new curriculum that would incorporate a wider range of viewpoints, including Keynesian economic thinking. Sponsored by the Institute for New Economic thinking, based in New York, the Curriculum in Open-source Resources in Economics project was set up to develop “a new approach to economics teaching for undergraduates”.
Manchester University’s economics department, which faced the brunt of student criticism, went further when it agreed to run the Bubbles, Panics and Crashes course. The decision to close it down after only one year has dismayed students.
A Manchester University spokesman said: “Our students have been leading a national debate on the way economics is taught in higher education, and the ensuing debate has been positive, useful and informative in terms of our extensive consultation with key stakeholders, including students.
“We have decided not to run the Bubbles, Panics and Crashes module next academic year, but will launch other new economics-run modules to address broader areas of the economics curriculum. These include a new module on economics for public policy led by the renowned and newly appointed professor Diane Coyle and a module on behavioural economics. Students will also now be able to take a second-year module on the financial crisis offered by Manchester Business School and two third-year modules on global capitalism by the politics department.
“Looking further ahead, economics is exploring the possibility of running a module on alternative economic theories from 2015 to 2016.”
Coyle, who runs a consultancy and is the author of The Economics of Enough: How to Run the Economy as if the Future Matters, is writing some of the Core curriculum, which she is expected to teach when she joins the university.
Joe Earle, a spokesman for the Post-Crash Economics Society and a final-year undergraduate, said the new courses and Coyle’s appointment showed that the university was responding to student and employer concerns about the lack of “real-world application” in economics education.
“However, its decision to reject Bubbles, Panics and Crashes shows that it is actively obstructing attempts to provide optional modules that teach students about alternative economic perspectives such as institutional, post-Keynesian and Austrian economics.
“This does nothing to reverse the elevation of one school of thought to be the sole object of study in economics and means that the assumptions, methodology and values of what we are taught are not in question. We are simply taught the ‘scientific’ way to do economics.”