This 10-minute video lesson provides an introduction to collateralized debt obligations (to be listen to after series on mortgage-backed securities. [Core Finance playlist: Lesson 31 of 184]

This 4-minute video lesson discusses how CDOs can give different investors different levels of risk and returns with the same underlying assets. [Core Finance playlist: Lesson 27 of 184]

This 2-minute video lesson provides the basics of how a mortgage back security works. [Core Finance playlist: Lesson 26 of 184]

This 10-minute video lesson provides an introduction to return on capital and cost of capital. It uses these concepts to decide where to invest. [Core Finance playlist: Lesson 24 of 184]

This 11-minute video lesson explains what it means when the market value of a stock is different from its book value. [Financial Bailout playlist: Lesson 3 of 15]

This 11-minute video lesson explains the different ways of accounting for an asset. It considers the mark-to-model vs. mark-to-market. [Financial Bailout playlist: Lesson 4 of 15]

Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

By the end of this section, you will be able to:

Explain supply and demand for exchange rates
Define arbitrage
Explain purchasing power parity's importance when comparing countries.

Subject provides a conceptual framework for thinking about taxes. Applications covered include mergers and acquisitions, tax arbitrage strategies, business entity choice, executive compensation, multi-national tax planning, and others. Aimed at investment bankers and consultants who need to understand how taxes affect the structure of deals; managers and analysts who need to understand how firms strategically respond to taxes; and entrepreneurs who want to structure their finances in a tax-advantaged manner.