,Principles of Finance
SENIOR CONTRIBUTING AUTHORS
JULIE DAHLQUIST, TEXAS CHRISTIAN UNIVERSITY
RAINFORD KNIGHT, FLORIDA ATLANTIC UNIVERSITY
, CONTENTS
3 Economic Foundations: Money and Rates 67
, Why It Matters 67
3.1 Microeconomics 68
3.2 Macroeconomics 76
3.3 Business Cycles and Economic Activity
82
3.4 Interest Rates 86
3.5 Foreign Exchange Rates89
3.6 Sources and Characteristics of Economic
Data 91
Preface 1
2
1 Introduction to Finance 7
Why It Matters 7
1.1 What Is Finance? 8
1.2 The Role of Finance in an Organization
14
1.3 Importance of Data and Technology
16
1.4 Careers in Finance 18
1.5 Markets and Participants21
23
1.6 Microeconomic and Macroeconomic
Matters
1.7 Financial Instruments 25
1.8 Concepts of Time and Value28
Summary 31
Key Terms 32
Multiple Choice 33
Review Questions 36
Video Activity 36
SENIOR CONTRIBUTING AUTHORS
JULIE DAHLQUIST, TEXAS CHRISTIAN UNIVERSITY
RAINFORD KNIGHT, FLORIDA ATLANTIC UNIVERSITY
, CONTENTS
3 Economic Foundations: Money and Rates 67
, Why It Matters 67
3.1 Microeconomics 68
3.2 Macroeconomics 76
3.3 Business Cycles and Economic Activity
82
3.4 Interest Rates 86
3.5 Foreign Exchange Rates89
3.6 Sources and Characteristics of Economic
Data 91
Preface 1
2
1 Introduction to Finance 7
Why It Matters 7
1.1 What Is Finance? 8
1.2 The Role of Finance in an Organization
14
1.3 Importance of Data and Technology
16
1.4 Careers in Finance 18
1.5 Markets and Participants21
23
1.6 Microeconomic and Macroeconomic
Matters
1.7 Financial Instruments 25
1.8 Concepts of Time and Value28
Summary 31
Key Terms 32
Multiple Choice 33
Review Questions 36
Video Activity 36
