This course is easy to follow and interesting. Professor Shiller is very motivating. It not teaching about finance but more importantly how finance can build a better life for all. Really recommended.
Curso perfeito em todos os aspectos, me introduziu ao mercado financeiro e me fez querer escolher essa área para atuar. Robert Shiller merece o posto de maiores economistas que temos, pessoa incrível.
創建者 Rachna V S•
This couse seems to completely deviate from the main topic. it should include how to read the financial market closely, technical part of it like changes, how to assess multiple companies and track there movement. Instead of giving some stories of the Amercan area. I am deeply disappointed and it is not at all up to my expectation. The previous course that i did was remararkably informative and relevant.
How to I unenroll without wasting my money! Please help.
創建者 Paula F•
no certificado vem escrito "sem creditos autorizados por YALE" um verdadeir golpe
創建者 Steve S•
While I was not forced to sign an honors pledge that I read all the readings and attended the tutorials that would have been required at Yale, I genuinely enjoyed the course. I'm grateful. Schiller came across to me as humble, but highly informed. He obviously crafted this course for Yalies, which I am not, but getting the same information that these privileged folks got (at great expense for them, but not for me) was a generous gift.
While I am an investor with monies I never expected to be responsible for when I was younger, the synthetic grasp of the financial markets is simply all the more valuable to me. This is a case where the more we know, the more we have ears to hear. Agreeing with all his perspectives or those of Yale as a cultural community is not necessary for me to benefit from this overview.
I appreciated the careful selection of interesting shorts, rather than just a sequential taping of an actual course. The addition of non-lecture vignettes was helpful, and lowered the monotony of the lectures.
The quizzes and assignment were quite doable, and the ability to re-take them until I got a passing grade was appropriate for me as an adult learner.
One comment I would add is that the choice to pursue financial capital first or to apply one's gifts to add value to the world now is not so straightforward as Schiller suggests. If you place your focus on finances first, that will enhance your chances of reaping a financial harvest. If you instead place your focus on reaping a relational harvest, the human capital you invest in may far outweigh any finances you forgo.
Likewise I would add that moral hazard besets all participants in financial markets. Anyone who believes themselves immune has only increased their risk. We always deceive ourselves first before we deceive anyone else, and we are all most easily deceived by the people who know us most intimately.
創建者 Shafin H A•
This course was incredibly enriching and highly relevant. Professor Shiller uses a very seamlessly integrated methodology of combining high quality lecture videos with accompanying texts and PowerPoint / PDF files to deliver his content. The structure includes his charismatic personal lectures, discussions with students (called Salons), teaching assistants, use of a whiteboard (chalk and talk), suggested readings, discussion board posts and more. The course keeps one vigilant by having to participate in pop-up questions (during the lecture videos), end of lesson quizzes, peer-reviewed written assignment, and a comprehensive final exam. Most of all is the beauty of understanding the vast complexities of financial markets with great historical and current relevance, introduction to many fundamentally important financial terms and enough coverage of quantitative analysis to direct scholars who are interested to search for and improve these skills. I have to admit that this is not an easy course, particularly for people who might not have an adequate background in the discipline of finance, but I don't think it is meant to be a substitute for a semester long course in finance (intermediate or advanced). Rather, it soaks the sponge of learning enough to enthusiastically yearn for more. My only regret was not being able to take a face to face course directly under him, which of course, would have meant being a student at Yale, and towards that impediment I also thank Coursera and the accompanying folks who made this education possible. Thank you, Professor Shiller!
創建者 sam j•
the first time thank you, Mr Robert Shiller, his lessons
Understanding the Financial Markets
Financial markets play a vital role in facilitating the smooth operation of capitalist economies by allocating resources and creating liquidity for businesses and entrepreneurs. The markets make it easy for buyers and sellers to trade their financial holdings. Financial markets create securities products that provide a return for those who have excess funds (Investors/lenders) and make these funds available to those who need additional money (borrowers).
The stock market is just one type of financial market. Financial markets are made by buying and selling numerous types of financial instruments including equities, bonds, currencies, and derivatives. Financial markets rely heavily on informational transparency to ensure that the markets set prices that are efficient and appropriate. The market prices of securities may not be indicative of their intrinsic value because of macroeconomic forces like taxes
Some financial markets are small with little activity, and others, like the New York Stock Exchange (NYSE), trade trillions of dollars of securities daily. The equities (stock) market is a financial market that enables investors to buy and sell shares of publicly traded companies. The primary stock market is where new issues of stocks, called initial public offerings (IPOs), are sold. Any subsequent trading of stocks occurs in the secondary market, where investors buy and sell securities that they already own
創建者 Quiana B•
Absolutely the BEST MOOC I have taken to date. I am in the process of a slight career change and needed pertinent background information to begin pursuing a higher degree in my new chosen field - namely Economics and Finance. This course was PERFECT for such an endeavor. I learned a wealth of information that I could immediately apply to both every day financial situations and to understanding the current state of the global market as a whole. I truly wish that Yale would offer more such courses on this topic on the Coursera platform. The professor's lectures and round-table student discussions were clear, concise, and provided an immense amount of insight into this field. Thank you, Prof. Shiller for presenting such an amazing course to the general public. I am also so pleased that this MOOC offered Honors quizzes, to truly test the knowledge that was applied. There is a written assignment for peer review, which was based on a current global financial topic, and I am so glad that it was needed to complete this course. Once I read the material and had to apply the knowledge that I learned throughout the course, I surprised even myself as to what I had acquired from the lectures and how passionate it made me regarding the subject at hand. Overall, great course from a highly prestigious school and a teacher that seems truly sincere about his field and sharing his experience with all. THANK YOU!!
創建者 Isaac A S D•
I thing this course was very useful as an introduction to financial markets. The professor is very enthusiastic and committed to what he teaches. Its a pity that there are people that things this course is a waste of time. If you want to know what I think about this people, you can use Google Translator as an example that you can search for what you don't know on the INTERNET.
Por mi parte este curso me fue muy útil como introducción a los mercados financieros, lleno de ejemplos y que cambió mi perspectiva de los mercados financieros.
He leído las opiniones del curso y son muy variadas, pero hay una en especial que me molestó demasiado. Un sujeto llamado James R. dice ser doctor (no se en qué) y tener casi 20 años de profesor titular (quien sabe donde). Se la pasa criticando el curso alegando que hay muchas cosas no explicadas o que no se encuentran en el curso. Sin embargo, creo que basta con poner la definición en Internet para encontrarla. Si bien muchas formulas no están explicadas, estoy seguro que la razón es porque para poder explicar de donde vienen se necesitaría más teoría. No se si la gente no es capaz de leer antes que este curso es para principiantes, lo importante es entender los conceptos como tal, ¡SABER QUE EXISTEN!, esta diseñado para personas que no tienen conocimientos avanzados en finanzas ni economía.
創建者 Nermeen N•
Professor Robert Shiller is WONDERFUL!
I am so proud of this certificate. After much deliberation, I decided to develop my interest in financial markets by enrolling in this course. A challenging journey of seven weeks, 19 quizzes, and one assignment taught by the Nobel Prize winning renowned economist Robert Shiller whom I most admire. And how rewarding it has been! I loved learning about ideas, methods, and institutions that permit human society to manage risks and foster enterprise. About risk management and behavioral finance principles so that I can understand the real-world functioning of securities, insurance, and banking industries. Professor Shiller’s ultimate goal and unabating message was to teach us how such industries can effectively build better societies and how innovations in finance can enhance financial equality for generations to come. One would think that a course on financial markets would be boring, I couldn’t disagree more. I learnt so much about the world around me and how it’s all interconnected. I learnt about human psychology and how that influences economic bubbles (or as Professor Shiller prefers to call them; epidemics), and how they burst into great recessions. So challenging, and so enriching. I am very happy today.
創建者 Winnie W•
Great course! This is my first time using the online study platform Coursera to join a single course, and I would like to say it is a nice engaging experience for me when learning the course. I really appreciate the Coursera Platform for providing us the opportunity to study the course from the prestigious professor and university.
The course financial market for me is an excellent courses to involve in the financial backgrounds and basic financial instruments. The course does not dive too deep in the mathematical side but more likely to be the outline and theory side. The most great bones point for the course is that Professor Shiller included so much real life scenarios and single cases into each theory and definition, which really helps me understanding and memorizing the content.
And I got an advice for the platform as well, the single videos and ppt slides are separate with each other, when I study them one by one, sometimes I cannot found the inner logic for each tiny topic and sub-point. Maybe the platform could provide something like the outline for each module to guide the study and show what the connection among all the single topic is.
Thanks for all the staff and Professor for providing great course for us.
創建者 Chan W K•
I thought the course was very useful, contemporary and insightful. Professor Shiller clearly explained all the concepts well and did a good job in linking financial theories to real-life practical events. The course is certainly not at the beginner's level as it touched on certain topics well beyond the undergraduate level. Being a course offered by Yale University, it is no surprise that the contents were structured within the US context, with acts and statues originating from the US's jurisdiction. The only shortfall I felt in this course is that a number of questions in the quizzes were skewed towards an economic approach rather than from the finance perspective, with these set with a finance tone initially but ended up with how it produced various economic effects. Otherwise, the entire course was an excellent opportunity for learners wishing to pursue a career in finance or anyone having an acute interest in this field.
創建者 Satyanarayana K•
I recommend this course for everyone who has a grasp on high school math. It is important to understand the world we live in, we can not ignore the markets since they affect our lives. Some of the material has practical use, such as mortgages. It is also useful for you to make decisions about your 401k accounts. There were some critical reviews that claimed the math was not explained in detail. It is true that you will need to work out the math by hand yourself to get a full appreciation. Please use the forum to get help or even discuss the math in detail, I have seen fellow students who knew enough to explain. There are quite a few mentors and some students who can explain if you are stuck, there is a recommended text book that has the math worked out in detail. The historical perspective and linking of concepts of insurance, valuation, behavioral effects, and regulation is quite coherent.
創建者 Dayger C•
This is an essential education for everyone, finances touch every nation, community, families and individuals. Finance should be teach from a very young age and I think will make a big difference in our world.This course is base on a high advance level is not about treating investment as a gamble base on luck, it is about how have a prudential planning and basic knowledge and to have purpose driven life that we can use our finance knowledge to make a difference in life, and what I learn the most the realization of the importance of risk-management. "The problem with finance is a high inequality in this field. Some people make a lot of money, but on the other hand, you have to give it away. This is another thing about this course. If you make a lot of money in finance, it's a game, you enjoyed it, now give most of it away – that's going to be a theme." Robert Shiller (Excellent Professor)
創建者 Mirko V•
Many thoughts crossed the mind to write a proper review for this course, and after a long time spent thinking, the most appropriate comment is a simple thanks.
This course has completely overcome all the expectations I could have had. It is not only providing the required knowledge to understand - and be effective in - our societies; however, it gives the proper tools to increase decision-making quality, both for personal and work-related situations.
An honourable mention goes - without a doubt - to the great Professor Robert J. Shiller. What a charismatic and passionate teacher; he can transfer, through a single video, the intense interest he nurtures for Financial Markets.
Beyond the meaningful improvement that this course brought to professional and private life, it revived the inner flame for knowledge.
I could never be more satisfied and thankful.
Thanks, Coursera. Thanks, Mr Shiller.
創建者 Adnaeva G S•
It’s a good online course in Finance that I have never learned before. I have gained the basic knowledge of financial markets and their applications in reality. Absolutely right, finance is not just about making money that I thought before joining in this course, and as a popular opinion as well, it is more than that, it has much more meaningful. This course has brought to me the necessary skills to make more rational decisions in my life, in my future career, I think. It’s also helped me to realize how I should work in this sector to serve the right purposes, to make the people living around me to be better. And it’s true that educational finance is very important to everyone. Professor Robert Shiller is an amazing teacher, many thanks to Professor Robert Shiller and Yale’s Financial Markets Course team. I highly recommend taking this course!
創建者 MINHAZUL A•
It’s a good online course in Finance that I have never learned before. I have gained the basic knowledge of financial markets and their applications in reality. Absolutely right, finance is not just about making money that I thought before joining in this course, and as a popular opinion as well, it is more than that, it has much more meaningful. This course has brought to me the necessary skills to make more rational decisions in my life, in my future career, I think. It’s also helped me to realize how I should work in this sector to serve the right purposes, to make the people living around me to be better. And it’s true that educational finance is very important to everyone. Professor Robert Shiller is an amazing teacher, many thanks to Professor Robert Shiller and Yale’s Financial Markets Course team. I highly recommend taking this course.
創建者 Pradumn A•
To utilise the unproductive weeks in this semi lock-down period I subscribed to this amazing course named "Financial Markets" by Prof. Robert Shiller, Sterling Professor of Economics at Yale University & a Nobel Prize winner. This course was well equipped starter kit to understand how Financial Markets work & how Human Behaviour is Influenced by Finances.
This 7-week long course explained every founding stone of Financial Markets. For an instance I never knew there is something like "Representativeness Heuristic" which means "Tendency to see patterns in what is really random walk." Now this is what we learn from a Nobel Prize winner.
I would love to express my gratitude to Prof. Robert Shiller & Yale University and of course Coursera for narrowing down to the very basics and to educate people worldwide with the best of your teachings.
創建者 Marc W•
I think that Professor Shiller's presentation of finance was informative, innovative and insightful on the level you would expect from a Nobel prize winner. I did find it cryptic to deal with his information on the democratization of finance because of his contrasting view of the nature of human intelligence, i.e. that some are smarter then others. I realize that this view of an individuals intelligence is currently en vogue at universities. Without going into so much detail, I personally applaud recognizing the dilemma of supporting universals in the treatment of humankind collectively, while perhaps having a realistic assessment of limits. Being said, I also feel that this broad based course gave me enough of an overview to modern finance to hold a steadier course in my business career and personal life. Thank you Professor Shiller.
創建者 Mar G A•
It's a very insightful course on financial markets. Prof. Shiller is amazing. His knowledge and experience in the financial markets is truly amazing. He tells you the history and etymology, and the practical application of financial theories. I especially liked how the course included other finance industry leaders like Robert Ferguson, Lei Zhang, and Georgia Keohane. You get a different perspective of finance and how it has helped and shaped different regions and sectors of the society. I have so much appreciation with finance, before I thought it's just about making money, but it's only a part of that. As Prof. Shiller said, finance helped people's lives to become better, manage risks, and most importantly:
"Poverty is substantially due to unmanaged risks."
-Prof. Robert Shiller
創建者 Danny J•
This course was fantastic. It provides a general overview of various financial markets, but also delves into the finer details required to understand the subject matter. Dr. Shiller's expertise is part of what makes this course so beneficial. He draws on real world examples throughout the course and speaks directly to what's important about each lesson. The way the class is structed was also refreshing. There are traditional lectures, but then there are also segments where Dr. Shiller answers questions from his students, which made it a lot easier to digest. I plan on continuing my finance education now that I've completed this course, and I wish there were more classes exactly like this one available. Much respect to Dr. Shiller and Yale for providing this course for free.
創建者 Arjun L•
A well organised course taught by an esteemed figure in the field of finance. I was told to not under-estimate the abilities of Prof Shiller in making me understand the fundamentals and expert opinions of finance and boy was he right. It covers not only the stock market but every possible financial market that exists for the individuals to invest in and borrow from. It showed me how many avenues to raise funds or invest funds in are available that i didn't know about. This course made me even more eager to begin my career in Finance, which I hope to do so by 2021. Hopefully one day I will get the opportunity to meet Prof Shiller personally and discuss the ongoings of Finance at the time and I am sure he will have some interesting points to share, even then.
創建者 Patrick F M C•
This course was a very good introduction to finance. I was already involved in this market and this helped me to deeply understand the terms that I usually was involved with. This course helped me changed my focus of finance and how it can actually be used to benefit society and not just individuals. Robert Shiller is a very exceptional and entertaining lecturer. I found myself very interested into all the subjects and his explanations. Would definitely recommend the course for people who have basic knowledge of finance since this will really enhance what they already know. For new comers to the financial world, this course is very good although they will have to do research of their own to fully understand everything, which in my opinion is a good thing.
創建者 Jiaju L•
Very useful course, comprehensive insights into financial settlements. Under a relay atmosphere, talking about different causes by using most general academic terms, so lots of straightforward simplification of the obscure conclusions by apply to various situation. Consistently stating rigorous words, many aspects connected past history to today’s more advanced and tech-developed society. Professor Shiller is a great economist also a experienced lecturer, such high quality course are just about to attract into the study of this financial world and give me “puzzles” to think and elaborate, also try to judge the rationality of all human beings and any state-owned organizations. I’m looking forward a further study and journey with Prof Shiller.
創建者 Donald A•
He puts forth a solid set of ideas, well-proven, well tested. He does not follow Fads, nor teach Fads. There are new, small-cap companies all over thew world. He focuses on the large, giant-size features of various markets, and profitable investments. He uses a balanced approach to teach a very large subject. All investments are subject to some risk, but wild, pure speculative plays into gold coins or hedge funds carry a much higher degree of risk (danger) than others. His systematic and holistic approach of teaching the fundamentals puts the new investors feet on solid ground. He gives us a clear mind to use Mutual funds (or Balanced funds) to make money with moderate returns (and Low risk) methods, with discipline and confidence.
創建者 José T V•
After completing my masters, and thanks to quarantine I had some spare time to dig into a financial markets course. It is just what I expected, I truly enjoyed the classes and I think it is a really good quality course as it introduces the topic of finances and completely passes through its subtopics. It is a course that gives a good overview of the system, the current problems and gives good real life examples which can be related to. Topics are explained in a easy to understand way. I actually wanted some more deeper knowledge but for people trying to figure out the financial system or to get to know what finances is about this course rocks, with that being said I must give it 5 stars since it is a course well done for beginners.
創建者 Adrian V•
I don't have a degree in Finance or Economics, I am not a complete beginner in these fields either, but I have found this course more than helpful in understanding the bigger picture. I loved the history of financial innovations and the lectures about behavioural finance.
I would have appreciated better audio/video quality but it is understandable since the course is adapted from a real-life lecture. Probably more practical exercises and examples would have been helpful to better understand the mathematical concepts (applied to different scenarios) as an optional section of this course.
Overall I’d recommend this course to anyone that wants to get started in finance but make sure you expand on the information received here.