Oh snap! Lecture videos might not load due to connection issues to source servers. Sorry for inconvenience.

Lec 1- Why Finance?

"Lec 1- Why Finance?" Financial Theory (ECON 251) This lecture gives a brief history of the young field of financial theory, which began in business schools quite separate from economics, and of my growing interest in the field and in Wall Street. A cornerstone of standard financial theory is the efficient markets hypothesis, but that has been discredited by the financial crisis of 2007-09. This lecture describes the kinds of questions standard financial theory nevertheless answers well. It also introduces the leverage cycle as a critique of standard financial theory and as an explanation of the crisis. The lecture ends with a class experiment illustrating a situation in which the efficient markets hypothesis works surprisingly well. 00:00 - Chapter 1. Course Introduction 10:16 - Chapter 2. Collateral in the Standard Theory 17:54 - Chapter 3. Leverage in Housing Prices 33:47 - Chapter 4. Examples of Finance 46:13 - Chapter 5. Why Study Finance? 50:13 - Chapter 6. Logistics 58:22 - Chapter 7. A Experiment of the Financial Market Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses This course was recorded in Fall 2009.

Video is embedded from external source so download is not available.

Channels: Finance

Tags: Lec 1- Why Finance?

Uploaded by: ( Send Message ) on 12-09-2012.

Duration: 74m 17s

Here is the next lecture for this course

No content is added to this lecture.

Go to course:

This video is a part of a lecture series from of Yale

Dnatube: Sciencific and Medical video site.