The crisis of the 1780s was most intense in the rural and relatively newly settled areas of central and western Massachusetts. Many farmers in this area suffered from high debt as they tried to start new farms. Unlike many other state legislatures in the 1780s, the Massachusetts government didn't respond to the economic crisis by passing pro-debtor laws (like forgiving debt and printing more paper money). As a result local sheriffs seized many farms and some farmers who couldn't pay their debts were put in prison.

How do circumstances influence individuals in making sound and purposeful financial decisions ensuring personal economic success in both a national and global economy? Why is it important to create a budget and set goals?

Continuation of Finance Theory I, concentrating on corporate financial management. Topics: Capital investment decisions, security issues, dividend policy, optimal capital structure, hedging and risk management, futures markets and real options analysis. The objective of this course is to learn the financial tools needed to make good business decisions. The course presents the basic insights of corporate finance theory, but emphasizes the application of theory to real business decisions. Each session involves class discussion, some centered on lectures and others around business cases.

Studies basic concepts of financial and managerial accounting. Viewpoint is that of the users of accounting information (especially managers) rather than the preparer (the accountant).

Students, in high school, usually have a plan.  They know what they want to be, and where they are going to go to college to accomplish that goal.  However, they rarely understand the ramifications of that plan.  In particular, the cost of college, student loans, amount of years of study in particular fields, and the average starting pay of careers.  This unit, based on the Foundations of Personal Finance, by Dave Ramsey, tries to expand students' knowledge to make a more encomapassing plan, hence, a better plan.

Is Mexico the most dynamic economy in Latin America?  After some tough times in the 1980s and 90s, Mexico has emerged as one of the economic leaders of the region.  Where does it stand among other emerging markets and what are its prospects for the future? In this four-week course, we will study the modern Mexican economy, some of the unique elements of development in a one-party, authoritarian regime, and some of the challenges the country faced in getting to this point.

This course covers theory and evidence on government taxation policy. Topics include tax incidence, optimal tax theory, the effect of taxation on labor supply and savings, taxation and corporate behavior, and tax expenditure policy.