UGBA 10 Lecture Notes - Lecture 1: Public Utility, Fiscal Policy, Economic Indicator
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UGBA 10 Full Course Notes
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Important to learn so you can take decisions on finances for max profit, general conversation, job interviews. A large fee on an investment isn"t wise. Ability to talk, listen, read, and write about financial news. Nice home and college savings for children. Understand what is achievable or very costly/inefficient. Situational with many topics, so no set textbook. Unemployment rates - 4. 9%: much better than over 10% during the economic crisis. Bond rates - 1. 55% (if the us gov wants to borrow for 10 years, it only has to pay that much %) so very low. Equity market averages (doing great right now) Equity prices are function of expected future earnings and cash flows as well as risk. Mediated price and producers and consumers choice. Want to eat pizza decreases as price increases. Incentive to produce pizza increases as price increases. Marketing clearing price: same number of people want pizza as want to supply pizza.