Free market outcomes often maximize social wellbeing. Moreover, market outcomes are
often characterized by Pareto Efficiency, meaning that any alternative to the market
outcomes will make some people in society worse off. With these recognitions in hand,
it becomes apparent why most economists view free market institutions favorably.
However, these attractive features of market outcomes are only possibly realized if
several conditions are met. One set of requirements is that individual decision makers
(e.g., consumers, businesses, investors, and lenders/borrowers) must be not only rational
but also fully informed. Rationality simply means that a decision maker has a well-defined
goal and takes actions to achieve that goal as best as possible. Having full information
would require, in part, that the decision maker is aware of all available courses
of action and accurately understands their implications on present and future benefits
and costs. When thinking about decisions made by individuals in financial markets,
this is no small assumption.
Financial literacy is the capacity to both effectively understand and assess financial instruments, and potentially implement an array of monetary based skills, such as budgeting, saving, investing, borrowing, and financial planning. Financially literate individuals can make more informed decisions, resulting in greater financial stability and well-being. Basic financial literacy is a prerequisite to achieving financial wellness and to effectively using money as a tool to achieve an overall higher quality of life. In-line with the emphasis of our mission on educating students about the foundations of market institutions, the Bagwell Center’s Financial Literacy Improvement Project (FLIP) aims to increase the financial literacy of the Kennesaw State University community.
Financial Literacy Learning Modules
KSU’s 5-module financial literacy course offered by the Bagwell Center for the Study of Markets and Economic Opportunity in partnership with CARE Services and the Office of Scholarships and Financial Aid.
FLIP Features provide an elementary discussion and overview of important topics related
to financial literacy. Each Feature is an expression of the views of the writers (and
not the Bagwell Center). FLIP Features are written for general educational purposes
only and should not be taken as universal, individual advice (as the circumstances
of every person are unique).
Dr. Borhan Sayedy, Professor of Finance, KSU Department of Economics, Finance, & Quantitative Analysis
Date: October 8, 2025 Time: 2 sessions available
11:15am-12:05pm - Science Building 109 1:25pm-2:15pm - ALC 1100
Title: "Your Path to Financial Freedom" Ready to take control of your financial future, starting today? Join Dr. Borhan Sayedy,
a KSU professor teaching Economics and Finance with a powerful personal story and
a passion for helping students succeed, as he guides you through building your own
personalized retirement plan.
In just 45 minutes, you’ll learn how to:
Set monthly saving and investing goals
Understand the power of compound interest
Customize a retirement strategy based on your age, income, and lifestyle
Take the first real step toward financial freedom and peace
This workshop is open to all students. No finance background required. Whether you’re working part-time, receiving financial aid, or simply thinking ahead, this session will give you practical tools to shape your future.
Plus: Stick around after the session for a casual meet-and-greet with Dr. Sayedy to
ask questions and dive deeper into your plan.