Risk Management and Policy

Catalog description

This course applies statistical and economic approaches to analyze risk, the approaches to managing risk by private and government actors, and the impact of government risk policies on the private economy. The course aims to provide students with a broad understanding of risk management problems and solutions, a greater appreciation of the importance of risk management and policy, and increased comprehension of the challenges and complexities of managing key societal risks. Students will enhance their capacity to analyze risk and appreciate the importance of managing risk; will gain working knowledge of important risk management terminology, tools, and institutions; will practice identifying and quantitatively measuring risk; increase their capacity for critical analysis of risk management approaches; and acauire capacity to contribute to discussions of risk governance and its implications.