ECON 252: Financial Markets (Spring 2008, Open Yale Courses) | Economics

ECON 252: Financial Markets

ECON 252: Financial Markets (Spring 2008, Open Yale Courses). Instructor: Professor Robert J. Shiller. Financial institutions are a pillar of civilized society, supporting people in their productive ventures and managing the economic risks they take on. The workings of these institutions are important to comprehend if we are to predict their actions today and their evolution in the coming information age. The course strives to offer understanding of the theory of finance and its relation to the history, strengths and imperfections of such institutions as banking, insurance, securities, futures, and other derivatives markets, and the future of these institutions over the next century. (from oyc.yale.edu)

Introduction

Lecture 01 - Finance and Insurance as Powerful Forces in Our Economy and Society

Lecture 02 - The Universal Principle of Risk Management: Pooling and the Hedging of Risks

Lecture 03 - Technology and Invention in Finance

Lecture 04 - Portfolio Diversification and Supporting Financial Institutions (CAPM Model)

Lecture 05 - Insurance: The Archetypal Risk Management Institution

Lecture 06 - Efficient Markets vs. Excess Volatility

Lecture 07 - Behavioral Finance: The Role of Psychology

Lecture 08 - Human Foibles, Fraud, Manipulation, and Regulation

Lecture 09 - Guest Lecture by David Swensen

Lecture 10 - Debt Markets: Term Structure

Lecture 11 - Stocks

Lecture 12 - Real Estate Finance and its Vulnerability to Crisis

Lecture 13 - Banking: Successes and Failures

Lecture 14 - Guest Lecture by Andrew Redleaf

Lecture 15 - Guest Lecture by Carl Icahn

Lecture 16 - The Evolution and Perfection of Monetary Policy

Lecture 17 - Investment Banking and Secondary Markets

Lecture 18 - Professional Money Managers and Their Influence

Lecture 19 - Brokerage, ECNs, etc.

Lecture 20 - Guest Lecture by Stephen Schwarzman

Lecture 21 - Forwards and Futures

Lecture 22 - Stock Index, Oil and Other Futures Markets

Lecture 23 - Options Markets

Lecture 24 - Making It Work for Real People: The Democratization of Finance

Lecture 25 - Learning from and Responding to Financial Crisis I (Lawrence Summers)

Lecture 26 - Learning from and Responding to Financial Crisis II (Lawrence Summers)

References

ECON 252: Financial Markets
Professor Robert J. Shiller. Class Sessions. Downloads. Syllabus. The course strives to offer understanding of the theory of finance and its relation to the history, strengths and ...