Stumped by the Crisis? Brush Up on Financial Markets for Free Online
- The Find: If you're still a little baffled by the intricacies of the financial markets behind the current crisis, brush up for free with online classes from eminent Yale economist Robert Schiller.
- The Source: The FT Management blog.
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.Classes were filmed in the spring so there will be no direct references to the current crisis, however, as the FT points out, "there are lots of timeless insights into the psychological tics that influence investor behavior," including "one derived from a cruel experiment on pigeons." Other classes cover risk management and the pooling and hedging of risk, technology and finance, and a guest lecture from Carl Icahn. For those looking for a distraction from recent developments, other courses in everything from astronomy to Ancient Greek are available.
The Question: Grade your understanding of recent financial news: are you an A student or in need of remedial study?