This entry was posted on Friday, March 30th, 2012 at 1:00 pm and is filed under Teaching Introduction to Business. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
The banking crisis and the collapse of the housing market remain vital issues because they are still affecting the lives of students and their families, and many of the risks that factored in the meltdown are still in the system.
In addition, this multifaceted story is perhaps the single most instructive lesson that anyone can teach or learn about contemporary business because it touches on so many aspects of business management.
As tomorrow' business leaders, today's students will face the challenge of preventing similar disasters in the future.
Understanding the reasons behind the housing bubble and the subsequent collapse will help them appreciate the complex dynamics of contemporary financial markets and the vital need for informed, ethical business management.