συστημα ανοιγμενης μορφης

συστημα ανοιγμενης μορφης

Αποτελέσματα (Αγγλικά) 1:

open form system

Αποτελέσματα (Αγγλικά) 2:

Open format system

Αποτελέσματα (Αγγλικά) 3:

As we saw in the preceding two chapters, the financial system coordinates the economy’s saving and investment, which in turn are crucial determinants of eco-nomic growth. Most fundamentally, the financial system concerns decisions and actions we undertake today that will affect our lives in the future. But the future is unknown. When a person decides to allocate some saving, or a firm decides to undertake an investment, the decision is based on a guess about the likely result. The actual result, however, could end up being very different from what was expected. This chapter introduces some tools that help us understand the decisions that people make as they participate in financial markets. The field of finance devel-ops these tools in great detail, and you may choose to take courses that focus on this topic. But because the financial system is so important to the functioning of the economy, many of the basic insights of finance are central to understanding how the economy works. The tools of finance can also help you think through some of the decisions that you will make in your own life. This chapter takes up three topics. First, we discuss how to compare sums of money at different points in time. Second, we discuss how to manage risk. Third, we build on our analysis of time and risk to examine what determines the value of an asset, such as a share of stock.