Chicago Booth (GSB) '10 Taking Questions

cannedpineapple

I took Financial Accounting with Roman Weil at the Gleacher Centre too. I agree, he's awesome. I almost decided to do a PhD in Accounting under him after taking his class

I also took Entrepreneurship with Waverly Deutsch, who was also extremely good.

UocBooth

以下是引用jelt2359在2009/8/24 23:34:00的发言：
John List and Steven Levitt are also two world-leading economists (I took classes with both of them) at the UofC who are great champions of the Behavioural Economics cause. If anything, I believe Chicago is leading the charge on understanding behavioural economics.

As for Gary Becker, while he does deal with non-conventional topics of Economics and (less so) Finance, he actually does so under the influence of a lot of other disciplines- in particular, Sociology. While he had indeed extended economic analysis into non-conventional realms, that is not the same as the Behavioural Economics that List and Levitt (which depends on running experiments, understanding human psychology, and so on) are really making headway in.

Behavioral Economics, Nobel Laureate should be Daniel Kahneman, Amos Tversky.

and Becker was one of the first economists to branch into what were traditionally considered topics belonging to sociology, including racial discrimination, crime, family organization, and drug addiction (Cf. Freakonomics and Rational addiction). He is known for arguing that many different types of human behavior can be seen as rational and utility maximizing. His approach can include altruistic behavior by defining individuals' utility appropriately. He is also among the foremost exponents of the study of human capital.

• investments in human capital
• behavior of the family (or household), including distribution of work and allocation of time in the family
• crime and punishment
• discrimination on the markets for labor and goods.

Becker’s Nobel lecture, "Nobel Lecture: The Economic Way of Looking at Behavior", subsequently published in the Journal of Political Economy, reviews his four key areas of research. He explains that his framework of analysis is not a traditional self-interested motivation but rather an analysis based on a set of assumptions and individual preferences.

UocBooth

by the way, I remember Freakonomics is Steven D Levitt's book. hehe. one of the best American economist under Forty

I heard some seniors said that Investment is pretty good.

UocBooth

RAAP (Roman's Accepted Accounting Principles) for classroom protocol
1. Don’t ever say you have a ‘quick’ question. If you have a question, just
say, ”I have a question.” Don’t worry - you will get picked on anyway!
2. ‘Money’ is a bad word - don’t ever use it in class. It has a hundred different
meanings. Even worse would be to say,”I have a quick question about
money.” – you are on your own! Use ‘Cash’ instead.
3. ‘Prepaid Rent’ is a bad word also. In Roman’s own words, it’s ‘ambiguous
and detestable’. It doesn’t tell you who paid whom. Use ‘Advances to
Landlord’ or ‘Advances from tenant’ instead.
4. When Roman asks a question, don’t raise your hand if you are not sure
about the answer. The safer alternative is to say,”I don’t know but I will look
it up.” Then you proceed to look up the answer in
    the textbook. If you are
not looking up the answer in
    the textbook, you better know the answer
because you will be the one in
    the hot seat next.
5. By now, you should have most of
    the key account definitions committed to
memory. If not, see inside back cover of textbook.
6. Assets are reported at historical cost. See page 110 (or contact Katie!).
7. Always wear your name badge to class. Otherwise, you risk losing $1 to
the class cash fund.
8. Don’t let your cell phone go off during class. Otherwise, you risk losing $5
to the class cash fund.
9. Spend a few minutes everyday looking for errata in
    the textbook. For every
error you find and report to Roman, you get $5.
10. Finally, in your exploration of
    the world of accounting, if you find
something quirky, weird or hard to explain, just remember – ‘It was
management’s decision’.

cannedpineapple

Kahneman, Tversky, List, Levitt, are all exploring similar issues.. Or rather, they're exploring issues in similar ways.

Haha I remember Weil's rules.. That's what makes him so amazing. He's a fantastic teacher, not just a good researcher.

sh784533

先看了图片就发贴了！太美了！！看了心潮澎湃啊～～

val_2008

i have a question, my TOEFL is 110 , the question is the speaking part is only 18(for sure, my speaking english is not so poor)

really need your advice whether i should retake?

but you know, now it's almost impossible to book the test in China in 2,3 months...

Thank you in advance!

[此贴子已经被作者于2009/8/29 8:17:10编辑过]

hill1005

it is ok if you demonstrate your speaking well at the inverview

tjuwenzi

以下是引用hill1005在2009/8/29 20:39:00的发言：
it is ok if you demonstrate your speaking well at the inverview

Hill, 我英语不好，GPA也很低，你看我这样的申请Booth有戏吗？

yayaduck

回楼上的，你如果什么都差，当然没戏。你要考虑的可能更多的是你什么比较好这个问题。