An overview of the ideas, methods, and institutions that permit human society to manage risks and foster enterprise. Emphasis on financially-savvy leadership skills. Description of practices today and analysis of prospects for the future. Introduction to risk management and behavioral finance principles to understand the real-world functioning of securities, insurance, and banking industries. The ultimate goal of this course is using such industries effectively and towards a better society.
Great introductory course. Prof. Schiller's enthusiasm and style make it a pleasure to watch. Also the TA's and the group discussions interspersed in the course make it a very personable experience.
