Week 1-2

Week 1-2 - Econ/Mgmt4Spring 2010 Week1.2 Accounting...

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Week 1.2 Econ/Mgmt 4 Spring 2010 Accounting  & Finance Jobs
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Best Final Exam  Performances One perfect score  moved this student  from a low B+ to #1 in  the class. Final exam score  moved anoter student  from #132 to #32. Winter Quarter grades
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The Context Scarcity : We want more than we have, or … we need what we don’t have – a chunk of ca$h.   Life Cycle : Time changes everything: … needs, wants, resources, and prices. Risk : Shit happens plus …we seldom never know exactly what kind of shit it is -  so  CERTAINTY  is more desirable than uncertainty. Information helps!   … unfortunately not all information is good useful.
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Timing is Everything aving money when you need it, or someplace to  invest it when you don’t need it.  The Life-cycle investment problem. pportunities for financial intermediation .
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Economics : decisions about the use of resources what do we want most ? Finance : decisions about the inter-temporal allocation of money Risk-management
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Week 1-2 - Econ/Mgmt4Spring 2010 Week1.2 Accounting...

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