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ERIC Number: EJ1052652
Record Type: Journal
Publication Date: 2009
Pages: 4
Abstractor: As Provided
Reference Count: 6
ISSN: ISSN-1942-2504
Teaching Bank Runs through Films
Flynn, David T.
American Journal of Business Education, v2 n6 p7-10 2009
The author advocates the use of films to supplement textbook treatments of bank runs and panics in money and banking or general banking classes. Modern students, particularly those in developed countries, tend to be unfamiliar with potential fragilities of financial systems such as a lack of deposit insurance or other safety net mechanisms. Films provide a dramatic example of the panic and uncertainty experienced by depositors and banks during bank runs. Students learn the value of deposit insurance and the types of informational asymmetries safety net mechanisms overcome. The author provides examples of assignments given in the past and possible extensions.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A