Population ageing puts pressure on the sustainability of public insurance systems and increases the individual responsibility for retirement security. This course provides an overview of the economics of ageing and focuses on pensions and retirement decisions. It introduces participants the state-of-art knowledge, theories, and econometric methods to conduct research in the related areas.

Everyday, individuals make decisions under uncertainty. This course covers the following topics in the field of risk and insurance economics:1) Individual decision-making under risk2) Models of insurance demand and supply, and risk sharing3) Information issues in insurance markets4) Topics in behavioral economics5) The macroeconomic role of insurers and insurance regulation