I would like to share the 3 things I learned at the Yale School of Management.
In the elective Advanced Business Analytics with Lesley Meng, I learned about the power of Excel’s Solver tool. What an amazing tool for solving complex business problems.
Duration Of Bonds
In my Investor class with Roger Ibbotson, I learned something new about financial markets, what the duration of a bond really means. I had not learned that the duration is the sensitivity of a bond to a change in interest rates.
Elasticity of Demand
Alright, I already knew about what the elasticity of demand curves is, how it is calculated, and what it means. But in my Competitive Strategy class with Sonia Marciano, I learned something new. The elasticity of a demand curve is not only the slope of the curve but also the distance from the origin.