The application of economic principles to provide a
comprehensive overview of blockchain technology and
cryptocurrencies. Topics considered include the basics of
bitcoin and blockchain technology, a taxonomy of
cryptoassets, valuation framework for cryptoassets,
tokens as micropayments, governance issues, and the
democratization of entrepreneurship and innovation
through digital tokens.
Compare and contrast bitcoin as a store of value and
means of exchange with fiat money, gold, and
alternative cryptocurrencies. Explain the major financial products associated with
DeFi or decentralized finance and compare defi
markets with traditional financial markets. Explain the major governance challenges facing crypto products. Discuss the benefits and costs of Blockchain
technology.Explain whether blockchain technology and tokens
open possibilities for the democratization of
entrepreneurship and innovation.
HISTORY OF INTERNATIONAL BUSINESS & FINANCE: 1850 TO PRESENT - ECO 229
This course will study the evolution of typical international business and financial structures and their performance through readings and lectures on international enterprise and national economic histories from the first era of globalization to the present. The business of export-import, financing trade and international investment, and multinational enterprise will be covered. Other topics will include the evolution of international monetary systems, trade regulation, and the size of the international economy.