Finance Lecture

Finance Lecture - FinanceLecture 20:45...

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Finance Lecture 20:45 Allocation of resources and wealth through time and across econ units Today to next year vs. next year to today o Consume today or save today (and where) o How to get cash flows for future projects How to allocate savings? Finance vs. Accounting Accounting = reporting past Finance = using past info to make decisions about future o Subfield of econ Markets Money markets: lending and borrowing for less than one year Capital marketing: money put in for long time (5 or 10 years) Intermediaries: turning short term liabilities into long term assets Facilitates flows of resources and econ info Commercial   money from depositors and loan to companies/consumers Investment (sell side)   make market for assets/securities o Help evaluate shares of a company, then sell them on the market Asset management/Hedge funds (buy side) 
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This note was uploaded on 02/22/2012 for the course BUSI 199 taught by Professor Lawrencemurray during the Spring '12 term at UNC.

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Finance Lecture - FinanceLecture 20:45...

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