Outlines of a lecture course of advanced Economic Risk Theory created for M.A. graduate students specializing in economics, management and business areas. The lecture course summarizes an 8-years experience in adapting and clarifying for economists a number of complicated math theories are presented such as catastrophe theory, fractal theory and fractal analysis techniques. The course includes theoretic materials and computer games reproducing realistic conditions of risk-involving decision-making at currency exchanges and stock markets.
O. Y. Uritskaya. Introduction to Economic Risk Theory // Methods and Practice in the Education.– St.Petersburg: SPbGTU Press, 2002. – p.150 – 151.
Fig. 1. The risk can be seen as a difference between the complexity and the extractable information.