Lecture Details :
Financial Theory (ECON 251)
In the 1990s, Yale discovered that it was faced with a deferred maintenance problem: the university hadn't properly planned for important renovations in many buildings. A large, one-time expenditure would be needed. How should Yale have covered these expenses? This lecture begins by applying the lessons learned so far to show why Yale's initial forecast budget cuts were overly pessimistic. In the second half of the class, we turn to the problem of measuring investment performance, and examine the strengths and weaknesses of various measures of yield, including yield-to-maturity and current yield.
Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2009.
Course Description :
This course attempts to explain the role and the importance of the financial system in the global economy. Rather than separating off the financial world from the rest of the economy, financial equilibrium is studied as an extension of economic equilibrium. The course also gives a picture of the kind of thinking and analysis done by hedge funds.
Other Resources :
Other Economics Courses
- Current Economics by Khan Academy
- Financial Markets by Yale
- Monetary Theory and Policy by University of Oregon
- Finance by Khan Academy
- Environmental Economics and Policy,Fall 2011 by UC Berkeley
- Introductory Game Theory 2007 by University of Canterbury
- ECON 100C - Microeconomics C (B00) by UC San Diego
- Energy and Resources Group 280, 001 by UC Berkeley
- Econ 2450A Public Economics by Harvard
- Introduction to Environmental Economics and Policy,Fall 2011 by UC Berkeley
» check out the complete list of Economics lectures