COURSES TAUGHT BY ROBERT J. SHILLER
An overview of the ideas, methods, and
institutions that permit human society to manage risks and foster enterprise.
Description of practices today and analysis of prospects for the future.
Introduction to risk management and behavioral finance principles to
understand the functioning of securities, insurance, and banking industries.
(online free to public with quizzes, exam, office hours) in English and Chinese
Older Open Yale version (online free to public) (Open Yale) (Youtube
version: Economics 252b: (Syllabus)
527a: Behavioral and
Institutional Economics (Syllabus)
economics incorporates insights from other social sciences, such as
psychology and sociology, into economic models, and attempts to explain
anomalies that defy standard economic analysis. Institutional economics is
the study of the evolution of economic organizations, laws, contracts, and
customs as part of a historical and continuing process of economic
development. Behavioral economics and institutional economics are naturally
treated together, since so much of the logic and design of economic institutions
has to do with complexities of human behavior.
Economics 116b Introduction to Macroeconomics
Economics 510a: General
Economic Theory: Macroeconomics (Syllabus)
of short-run and long-run determination of aggregate employment, income,
inflation, wages, and interest rates.Private
consumption and investment behavior. Economic growth. Stochastic dynamic
programming with applications to macroeconomics.
Economics 525a: Advanced
Macroeconomics I (Syllabus)
agent economics, investment, scrapping and firing, nonquadratic
adjustment costs, financial constraints, financial intermediation, psychology
of decision making under risk, optimal risk management, financial markets,
consumption behavior, monetary policy, term structure of interest rates.