(1) Survey FDR's "New Deal" response to the economic, social, and political crisis of the Great Depression. This case affords an introduction to one of the most consequential responses to economic crisis in US history. (2) Critically assess the key economic reforms, with a view to their comprehensiveness and internal consistency. The New Deal reshaped the structure of the financial, mercantile, agricultural, and industrial sectors of the US economy. What were the benefits and costs of New Deal programs? Students are invited to exercise the "4 R's" of policy strategy—reform, rescue, recovery, and relief—to assess policy trade-offs. (3) Reflect on one of the most prominent dilemmas in responding to a financial crisis, the trade-off between rigorous observance of constitutional authorities and limits versus arguments of "necessity" that might justify breaching those authorities and limits. (4) Weigh the New Deal's successes and failures in reacting to the financial crisis.