30 likes | 46 Views
FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br>Week 5 Topic: Bursting Bubbles<br>One of the most dangerous phenomena (in an economic sense) is an asset price "bubble." Asset prices are bid up to unreasonable levels based largely on an optimistic view that the rise will continue. The world has seen the effects of stock market bubbles, real-estate bubbles, and commodity bubbles. The problem with asset price bubbles is that when they burst it can be devastating for an economy as we are now experiencing.<br>
E N D
October 2009 The Economy Today NEWS Become tutorialoutlet.com
October 2009 The Economy Today NEWS Become tutorialoutlet.com October 2009 The Economy Today NEWS FLASH Newsletter for Teachers of Economics to accompany Bradley R. Schiller's The Economy Today and Essentials of... FOR MORE CLASSES VISIT www.tutorialoutlet.com Week 5 Topic: Bursting Bubbles One of the most dangerous phenomena (in an economic sense) is an asset price "bubble." Asset prices are bid up to unreasonable levels based largely on an optimistic view that the rise will continue. The world has seen the effects of stock market bubbles, real-estate bubbles, and commodity bubbles. The problem with asset price bubbles is that when they burst it can be devastating for an economy as we are now experiencing.
October 2009 The Economy Today NEWS Become tutorialoutlet.com