Economics of Risk and Uncertainty

Undergraduate Prerequisites: (CASEC201 & CASEC202 & CASEC203 & CASEC204) and CAS MA 121 or CAS MA 123 (or equivalent). - For advanced undergraduates. Economics of risk, with a focus on financial markets. Topics include expected utility, portfolio choice and the capital asset pricing model, interest rates and monetary policy, the relation between the real economy and the stock market. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning I, Social Inquiry II.