In this course students gain basic knowledge about macroeconomic aspects of insurance. For example, the importance of the insurance industry as an economic sector, the structure and development of social insurance, the insurability of major risks such as natural disasters and terror, and the impact of demographic change on the insurance industry are discussed. These contents should enable students to assess the different empirically observable types of insurance on a theoretical basis.

The 2-hour course is offered to students in the 4th trimester. The course is part of the complementary studies in winter trimester.