Week  Date  Class Number  Subject  Readings  Assignment 
Part 1: Introducing The LifeCycle Model and Consumption Smoothing  
1  TUE 5/21  0  Course Overview and Administration  PLE Introduction  
TUE 5/21  1  Measuring Financial Health  PLE mod 1  A01: Financial Health  
THU 5/23  2  Human Capital  PLE mod 2  A02: Human Capital  
THU 5/23  3  The LifeCycle Model  PLE mod 3, pp. 4155  A03: Lifecycle Model (part 1)  
TUE 5/29  4  Borrowing and Borrowing Constraints  PLE mod 3, pp. 5661  A04: Lifecycle Model (part 2)  
THU 5/30  QUIZ 1  
Part 2: Understanding Interest and Inflation  
2  TUE 5/28  5  Present Value and Future Value  PLE mod 4, pp. 6575  A05: Future Value and Present Value 
THU 5/30  6  Present Value of Annuities Loans and Loan Payments 
PLE mod 4, pp. 7682 PLE mod 4, pp. 8291 
A06: Annuities and Loan Payments  
FRI 5/31  7  Inflation and the Real Rate of Return  PLE mod 4, pp.7682  A07: Inflation and Real Rate of Return  
FRI 5/31  8  The LifeCycle Model in Present Value  PLE mod 5  A08: LifeCycle Model with Interest  
MON 6/3  QUIZ 2  
Part 3: Incorporating Taxes, Benefits, and Borrowing Constraints into the LifeCycle Model  
3  MON 6/3  9  Dealing With Uncle Sam: Taxes  PLE mod 6, pp. 105113  A09: Personal Tax Calculations 
TUE 6/4  10  Dealing With Uncle Sam: Benefits  PLE mod 6, pp. 114117  A10: Valuing Social Security  
TUE 6/4  11  Smoothing Consumption in a World With Taxes  PLE mod 6, pp. 118127  A11: LC Model with Taxes and Interest  
THU 6/6  12  Introduce Economic Security Planner  PLE mod 7  A12: Using ESPlanner (part 1)  
THU 6/6  13  Borrowing Constraints
Revisited Dynamic Programming 
PLE mod 8  A13: Using ESPlanner (part 2)  
MON 6/10  QUIZ 3  
Week  Date  Class Number  Subject  Readings  Assignment 
Part 4: Using the LifeCycle Model to Answer Life's Questions  
4  MON 6/10  14  Introducing Applied Lifecycle
Economics Investing in Human Capital 
PLE mod 9, pp. 188195  A14: Is College Worth It 
TUE 6/11  15  Should You Stay In College? How Should You Pay for College? 
PLE mod 9, pp. 196199  A15: Student Loan Repayment  
TUE 6/11  16  Where Should You Live? How to Buy Your House 
PLE mod 9, pp. 199203, PLE mod 11, pp. 226231 
A16: Where to Live  
THU 6/12  17  Why You Should Own Your House  PLE mod 11, pp. 232249  A17: Homeownership  
THU 6/12  18  Saving for Retirement Discuss Term Paper 
PLE mod 12  A18: Selecting Retirement
Accounts Term paper, due MON 6/24 

MON 6/17  QUIZ 4  
Part 5: Wealth and Risk Management  
5  MON 6/17  19  Risk and Risk Management  PLE mod 13, pp. 274282  A19: Risk Assessment 
TUE 6/18  20  Protecting Your Human Capital  PLE mod 13, pp. 282290  A20: Protecting Your HC  
TUE 6/18  21  Introduction to Stock Market Investing  PLE mod 14, pp. 292300  A21: Quantifying Stock Performance  
THU 6/19  22  Stocks for the Long Run  PLE mod 14, pp. 300308  A22: Portfolio Construction  
THU 6/19  23  Stock Market Risk and the Long Run  PLE mod 15, pp. TBD  A23: Monte Carlo Simulation  
MON 6/24  24  Asset Allocation and the Sequence of Returns  PLE mod 15, pp. TBD  A24: Asset Allocation  
MON 6/24  25  Upside Investing  PLE mod 15, pp. TBD  Term Paper: due in class  
TUE 6/25  QUIZ 5  
Part 6: The Rest of Your Financial Life  
6  TUE 6/25  26  Where to Stash Your Cash Who Should You Ask for Help 
A25: Your Next Steps  
THU 6/27  27  Discussion: Your Questions Course Summary and Next Steps 
