A total of 1 courses have been found.
Introduction to risk and insurance; risk identification and evaluation, demand for insurance, effects of limited liability, theory of moral hazard and adverse selection; business and personal risk; insurance as a risk management tool.
This fundamental course aims to provide an introductory, consumer-oriented overview of risk and insurance. Students will be introduced the basics of the insurance mechanism as well as learn to effectively implement the risk management process. While this class does not intend to teach the entirety of insurance in great detail, units in Life & Health, Property & Casualty, and auto insurance give the student a taste of each of the different sectors in the industry. Because risk management and insurance allow the individual and the firm to maintain stability (even when things go wrong), students of all backgrounds will find this class useful.