Applied Economics Discovery Hub
Practical Workshop in Applied Economics
Decision Making Under Uncertainty by Michael Hagan
Thursday, 22 October, 2015 at 13:00 at CERGE-EI, Politických vězňů 7, Prague 1
In a perfect world we would understand every situation and act with certainty. But what happens when the world is less than perfect and the information we have is complex? One of the ways to organize information is through decision trees. In this workshop we will develop a decision tree, populate it with data and examine the results together. It is a hands-on, interactive approach to the issue of making decisions under uncertainty.
The model can be applied to other disciplines such as business or finance. The workshop does not require in-depth knowledge of economics or statistics. Conducted by Michael Hagan, DrPH, Adjunct professor at Northwestern University.
Duration: approximately 2 hours
Criteria: 1st-3rd year university students, older students also welcome
Cost: free
Capacity: 20 participants
About the facilitator:
Michael Hagan, DrPH is a health economics expert. He has been providing solutions to global commercialization of pharmaceutical products for the last 22 years. He is currently adjunct professor at Northwestern University in Chicago and senior leader in Health Economics & Outcome Research. He received his doctorate and masters degrees in Public Health and Statistics from Columbia University.
Capacity is limited so register now!
Applied Economics Discovery Hub
The Applied Economics Discovery Hub is open to students and young professionals who wish to transfer and apply the theoretical knowledge of economics to real-life challenges.
The Hub offers a wide range of activities that allow you to explore Applied Economics. Join our datathons, open classes, the Prague Wall Street Club or our Corporate Finance course and discover whether Applied Economics is the right field of study for you. All activities are free of charge.
Corporate Finance Course
Through Fall 2015, the Applied Economics Discovery Hub will run a class in Corporate Finance replicating Professor Aswath Damodaran’s popular class at the New York University Stern School of Business. Taught by a graduate of the CERGE-EI Masters in Applied Economics program, the class uses Professor Damodaran’s original materials (webcasts, lecture notes and quizzes), and will be accompanied by live skype sessions with Professor Damodaran. This is an MBA-level course which is free of charge for participants. Classes take place at CERGE-EI (Politických vězňů 7, Prague 1). Participants must be able to study and communicate in English.
Wednesdays 19:45 – 20:45
Starting 7 October, 2015 (estimated number of sessions is 13, tbc at the first session)
About the author of the course:
Professor Aswath Damodaran is a respected advisor on valuation and analysis to many investment banks on Wall Street. He has taught at the Stern School of Business at New York University since 1986. He has been voted "Professor of the Year" by the NYU graduating MBA class 5 times during his career. He makes most of his teaching materials available online via his website.
“There are times I wish that I could clone myself and teach in a dozen places at the same time, including Prague. Since I don’t have the power to do that, the Corporate Finance Course prepared by CERGE-EI graduate Jindřich Gallo may be the next best option. I hope that my material forms the basis for a good valuation class but I believe that valuation is a craft you learn by doing. As you work through your valuation issues, I will try to make some live experiences to answer your questions. I hope to see you there.”
Aswath Damodaran, professor, NYU Stern School of Business
About the course:
Corporate Finance with Aswath Damodaran is big picture, applied and fun. You will learn and understand how businesses make decisions and maximize their value through investment, financing and dividend decisions.
Find out what the classes will be about by exploring a syllabus:
http://people.stern.nyu.edu/adamodar/pdfiles/cfovhds/cfsyllspr15.pdf
Participants are expected to watch the first webcast before our first session. If you have a good internet connection, you can watch it directly on the NYU Stern Mediasite platform:
http://nyustern.mediasite.com/Mediasite/Play/7177a6cc11e94258a5cf4588e230764f1d
Alternatively, watch it on YouTube:
Class materials will be distributed at the first session.
Participants who attend at least 75% of the sessions will obtain a Certificate of Attendance issued by CERGE-EI.
“Corporate finance is the true big picture class, drawing on accounting, statistics, economics and every management discipline to develop the first principles that should govern decision making within any business, small and large, public and private and across all markets.”
Aswath Damodaran, professor, NYU Stern School of Business,
Capacity of the course is full, registration is closed.
Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. if you have any questions.
