Academy for Entrepreneurial Leadership | Illinois

Academy for Entreprenurial Leadership
Transforming Ideas, Accelerating Innovation, Creative Value

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Villamil
Anne P. Villamil
Professor, Economics, College of Liberal Arts and Sciences

Entrepreneurial course taught by Professor Villamil

Economics and the Entrepreneur

The overall objective of the course is to use economics to provide a framework for analyzing theories about entrepreneurship, problems and opportunities faced by entrepreneurs, and how government policy affects an entrepreneur's ability to start up and operate a firm. Students will explore the question of whether entrepreneurs are different than other people (e.g., innately more willing to bear risk, more optimistic, more constrained by credit problems, derive greater value from “being their own boss,” or possibly even more irrational), as well as those features of the economic environment within which entrepreneurs operate that are most affected by government policy. In order to answer these questions, we will use published data sets to establish facts about small firms, as well as build a computable theoretical model to answer the research questions and organize and interpret the data we use.

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About Professor Villamil

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