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Finance and Society for non-MBAs (ECON 143, IPS 227, MS&E 147, PUBLPOL 143)


The financial system is meant to help people, businesses, and governments fund, invest, and manage risks, but it is rife with conflicts of interests and may allow people with more information and control to harm those with less of both. In this interdisciplinary course we explore the forces that shape the financial system and how individuals and society can benefit most from this system without being unnecessarily harmed and endangered. Topics include the basic principles of investment, the role and ┬┐dark side┬┐ of debt, corporations and their governance, banks and other financial institutions, why effective financial regulations are essential yet often fail, and political and ethical issues in finance. The approach will be rigorous and analytical but not overly technical mathematically. Prerequisite: Econ 1

Course ID: 
216 092
Letter or Credit/No Credit