ACT199H1: Decipher Financial Puzzles in the Media and Pop Culture

Hours: 
24L

Have you ever watched a pundit’s passionate rant over financial crisis on TV and wondered whether he was right or wrong? Did you get the full story after watching movies like Margin Call or The Big Short? What was the efficiency market versus behavioral finance debate all about? Did you wonder why everyone in the financial press seem to be calling for a lower debt/equity ratio on banks in the post-crisis era? If you find yourself think about those questions, this is the course for you. We will start from some basic building blocks of finance, such as time value of money and discounting, and proceed to look at some of the important financial controversies you have read or heard in the pop culture or media. Restricted to first-year students. Not eligible for CR/NCR option.

Breadth Requirements: 
The Physical and Mathematical Universes (5)