Financial Markets

• Week 1 - Basic Principles of Finance and Risk Management
  In this module, Professor Shiller introduces portfolio diversification, supporting financial institutions, and discusses the opportunities and vulnerabilities of risk management institutions. Guest speaker: Maurice "Hank" Greenberg
• Week 2 - Efficient Markets versus Behavioral Finance
  In this module, Professor Shiller teaches about efficient markets, behavioral finance and the role of the psychology. Guest speaker: David Swensen
• Week 3 - Debt versus Equity
  In this module, Professor Shiller discusses the theory of debt, its proper role, and leverage cycles. He also covers corporate stocks. Guest Speaker: Laura Cha
• Week 4 - Real Estate, Regulation and Enterprise
  In this module, Professor Shiller teaches about real estate, misbehavior, regulation, and self-regulation. Guest Speaker: Carl Icahn
• Week 5 - Forward Futures and Options Markets
  Professor Shiller presents forward, futures, and options markets. Guest Speaker: Andrew Redleaf
• Week 6 - Monetary Policy
  This module covers banks and monetary policy. Guest Speaker: Larry Summers
• Week 7 - Critical Elements of the Financial Infrastructure
  This module teaches about investment banks, professional money managers and their influence, exhanges, brokers, dealers, and clearinghouses. Guest Speaker: Schwarzman
• Week 8 - Finance and the Broader Public Purpose
  Professor Shiller conludes the course with this module, discussing public and non-profit finance, and finding your purpose in the world of financial capitalism.

Robert Shiller
Sterling Professor of Economics at Yale University
Economics