Financial Literacy 20, 30
Course Configurations
Analyze the history of credit.
Indicators for this outcome
| (a) | Explore the origins of credit including the use of credit during ancient times, the middle ages, fur-trading days and present day. |
| (b) | Discuss the historical, cultural and contemporary significance of credit contracts. |
| (c) | Explore the history of interest rates and their inter-relationship with world events. |
| (d) | Investigate the effects of historical events (e.g., colonization, signing of treaties, the Great Depression, civil and world wars and recessions) on credit. |
| (e) | Explore how past economic events such as the Debt Crisis of the 1980s, the Dotcom Crash of 2000-02 and the Housing Bubble and Credit Crisis of 2007-08 can have a lasting effect on economic conditions. |
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