Financial Markets
Robert Shiller's Yale lecture course covers the theory and history of financial institutions, including banking, insurance, securities, and derivatives markets. Recorded on campus in Spring 2008 for Open Yale Courses, the class meets twice weekly across a full semester and includes full video lectures, transcripts, and a syllabus covering risk management, behavioral finance, and the regulatory structures that shape markets. Shiller draws on his own work on speculative bubbles to examine how institutions evolve and where they fail, tying historical episodes like insurance and mortgage markets to broader questions about economic risk. The course requires no textbook purchase to follow along, since lecture materials are posted openly, and it ends with Shiller's projections on how financial institutions might change over the coming century. No certificate is offered, but the full set of Yale lectures and course materials is free to access.