In this module, we will take a closer look at risk management, one of the most dominant approaches to dealing with risk in modern society. You will then be presented with two specific risks which illustrate how this approach is used in practice: the risk of natural hazards, and risks in the chemical industry. In the last video of this week, we will discuss some of the strengths and weaknesses of the risk management approach.

In this module, we will take a closer look at risk perception and the factors that influence how we experience risk in modern society. You will learn that while experts often rely on various statistical and mathematical models to asses various types of risks, the general public tends to make more intuitive judgments about the severity and likelihood of risk. You will then be presented with two specific security risks, which often invoke a great perception of danger.

In this module, you will gain a deeper understanding and appreciation of modern-day risks by looking at three key contemporary global challenges involving risk. Throughout the week, each of these risks will be discussed by various experts, who will highlight the most important features and strategies to deal with them. You will learn how, both collectively and individually, each these challenges have the ability to significantly impact the globe, presenting a notable challenge for current and future generations.

In this final module, you will be presented with a recap of all the knowledge from the previous weeks. In addition, it contains the final multiple choice quiz of the course. Good luck!