The risk in economics and finance
- Introduction
- Financial economy
- The problem of risk
- Derivatives contracts and risk prevention
- Derivatives
- Banks and risk management
The stock market and the financial instruments
- The development of an invention
- The Black, Scholes and Merton model
- Three economists and a Nobel Prize winner
- The market of mortgages
- Derivatives and the financial crisis
- Possible applications: from cinema to pharmaceuticals
- How to determine the price of the options
- Elimination of risk
Financial crisis and potential solutions
- Causes of the financial crisis
- Mathematical models
- From insurance risk to speculation
- Symptoms and solutions to a crisis
- What we learn from the past
