“…The text also includes many current examples, including: the housing bubble and housing crisis, Zimbabwe's hyperinflation, global unemployment, and the appointment of the United States' first female Federal Reserve chair, Janet Yellen. The pedagogical choices, chapter arrangements, and learning objective fulfillment were developed and vetted with feedback from educators dedicated to the project. …”

Tabla de Contenidos: “…-- The Yield Curve and Discount Rates -- Interview With Dr. Janet Yellen -- Common Mistake Using the Annuity Formula When Discount Rates Vary -- The Yield Curve and the Economy -- 5.4 The Opportunity Cost of Capital -- Interest Rates, Discount Rates, and the Cost of Capital -- Common Mistake States Dig a 3 Trillion Hole by Discounting at the Wrong Rate -- Summary -- Critical Thinking -- Problems -- Chapter 6. …”