Week Date Class Number Subject Readings Assignment
Part 1: Introducing The Life-Cycle Model and Consumption Smoothing  
1 MON 7/2 1 Course Overview and Administration
Measuring Financial Health
PLE Preface, Intro, mod 1
GAFL ch 1, 2
HW1: Estimate Your Human Capital, due 7/3
TUE 7/3 2 Human Capital
Introducing the Life-Cycle Model
Example: life-cycle-model-80-periods.xls
PLE mod 2, mod 3
GAFL ch 3, 4
Excel Tutorial Videos:
Spreadsheet Basics
Editing Data, Formatting
Arithmetic
THU 7/5 3 Consumption Smoothing
Example: life-cycle-model-80-periods-initial-assets.xls
Example: life-cycle-model-80-periods-engineer.xls
Example: life-cycle-model-80-periods-electrician.xls
Borrowing and Borrowing Constraints
PLE: mod 3
MON 7/9 QUIZ 1
Part 2: Understanding Interest and Inflation    
2 MON 7/9 4 Thinking in Present Value
Example: Compound-Interest-PV-FV.xls
Example: additive-PVs.xls
PLE mod 4 HW2: Present and Future Values, due 7/10
TUE 7/10 5 Inflation and Inflation Protection
Loans and Loan Payments
Example: bond-example.xls
Example: annuity.xls
Example: car-loan-amortization.xls
PLE mod 4
Interest Rates (Bloomberg)
Interest Rates/Inflation
HW3: Calculating Payments, due 7/12
THU 7/12 6 Revolving Loans
Example: credit-card-loan.xls
The Life-Cycle Model in Present Value
Example: life-cycle-model-80-periods-with-r.xls
PLE mod 5
MON 7/16 QUIZ 2
Part 3: Incorporating Taxes, Benefits, and Borrowing Constraints into the Life-Cycle Model  
3 MON 7/16 7 Uncle Sam and You PLE mod 6
GAFL ch 9
HW4: Valuing Social Security, due 7/17
TUE 7/17 8 Smoothing Consumption in a World With Taxes
Example: cons-smooth-with-taxes-starter.xls
Example: cons-smooth-with-taxes-complete.xls
Introduce Economic Security Planner
PLE mod 6, mod 7
STTE: ch 3, 5, 6, 8
HW5: Using ESPlanner (part 1), due 7/19
THU 7/19 9 Borrowing Constraints Revisited
Dynamic Programming
PLE mod 8 HW6: Using ESPlanner (part 2), due 7/23
MON 7/23 QUIZ 3
Week Date Class Number Subject Readings Assignment
Part 4: Using the Life-Cycle Model to Answer Life's Questions    
4 MON 7/23 10 Introducing Applied Life-cycle Economics
Should You Stay In College?
What Should You Study in College?
Debt Free U ch 1-4

PLE mod 9
HW7: Is College Worth It, due 7/24
Term Paper Assigned, due 8/6
TUE 7/24 11 How Should You Pay for College?
Example: loan-payments.xls
Example: repay-period.xls
Where Should You Live?
How To Buy Your House
PLE mod 11 HW8: Where to Live, due 7/26
THU 7/26 12 Why You Should Own Your House
Selecting Retirement Acounts
Should You Get Married?
Should You Get Divorced?
PLE mod 11, 12 10
GAFL mod 6
STTE ch 17, 18, 19
MON 7/30 QUIZ 4
Part 5: Wealth and Risk Management    
5 MON 7/30 13 Risk and Risk Management
Protecting Your Human Capital
PLE mod 13 outline
FE ch 10
GAFL ch 8
STTE ch 32
TUE 7/31 14 How Not To Invest In Stocks
Stocks for the Long Run
PLE mod 14 draft

GAFL ch 5
STTE ch 21, 22
THU 8/2 15 The Truth About Stocks
Upside Investing
PLE mod 14 draft
WFI, ch 7, 8
Myth of Time Diversification
Watch Zvi Bodie's videos.
Quiz-5-Potential-Questions.pdf
MON 8/6 QUIZ 5
Part 6: The Rest of Your Financial Life    
6 MON 8/6 16 Spend til the End
Discussion
PLE mod 15 Term Paper Due
TUE 8/7 17 Where to Stash Your Cash
Who Should You Ask for Help
GAFL: ch 4
THU 8/9 18 FINAL EXAM IN CLASS