This NPR story from 1999 says that the average college student receives 25 credit card offers each semester.

How did credit cards come about? How did they become a mass consumption good? What is a signature loan?

Explain the relationship between the credit card rate and the federal funds rate.

Why do banks offer credit cards with no fees? What are "deadbeats"?

What are the three defects of debit cards relative to credit cards, as discussed in class?

Define adaptive and rational expectations. Give examples of each.

Would a liquid market be an efficient market? Why or why not?