While economics studies the behavior of individuals and firms and their role in society, the nature of the firm is beginning to change with regard to social impact. Many firms are seeking to create meaningful social value and address important social issues while in pursuit of their economic value. These firms must be innovative and entrepreneurial in nature, with a firm understanding of capital markets, all while advocating for social change. The purpose of this course is to explore the role of the capital markets in investing for social change and will take an interdisciplinary approach combining notions of finance and portfolio theory, the economics of innovation and technology, philanthropy, and ethics. Ultimately, students will explore how we can reimagine the role of allocating resources in the economy in the context of investing for social impact. Prerequisite: ECON 101 or ECON 102.
Grade Basis: Letter Grade
Credits: 4.0
