This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Default Category
-
Important Accounting Concepts: The Rules that Shape Financial Statements
HBS Press; Harvard Business School PressBook Chapter HBS-5801BC-EFinanceAlthough many managers are proficient in reading financial statements, most are not yet masters of the accounting concepts and processes from which this data is derived. This chapter examines seven key accounting issues that affect your performance as a manager: GAAP, accrual vs. cash accounting, accounting for inventories, accounting for depreciation, the account treatment of leases, the principle of historic cost, and cost accounting. This cha...Starting at €8.20
-
How the World Works: A Brief Course in Macroeconomics--And Where the Fed Fits In
Harris, Ethan S.Book Chapter HBS-7621BC-EFinanceEven to investment professionals, macroeconomics can seem like a bewildering array of competing models. But, in the economic and policy debate at the Fed, a relatively simple framework tends to dominate discussion. In this chapter, leading economist, Ethan Harris, lays out how the Fed fits into the broader economic and financial market environment. This chapter is excerpted from "Ben Bernanke's Fed: The Federal Reserve After Greenspan."Starting at €8.20
-
Constrained Discretion: Bernanke's Quest for an Inflation Target
Harris, Ethan S.Book Chapter HBS-7627BC-EFinanceOne of the hot topics in monetary economics is whether policy makers should be constrained by rules or use discretion. Advocates of discretion argue that the Fed should react to developments in the economy using its best judgment at the time. By contrast, rules advocates argue that policy makers are not very adept at managing the economy, that they are influenced by politicians, and that they may pursue policies that boost economic performance in...Starting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Chapter 5, Fundamentals of GDP Accounting
Moss, David A.Book Chapter HBS-0017BC-EFinanceIn Chapter 5, Fundamentals of GDP Accounting (18 pages), the author considers the importance of and methods for measuring output. He presents the three basic approaches to measuring output: value added, income, and expenditure (and reviews the expenditure method in depth). He also examines the role of depreciation and looks briefly at gross national product (GNP). He explains adjustments to GDP that enable historical and cross-country comparisons...Starting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Chapter 6, Reading a Balance of Payments Statement
Moss, David A.Book Chapter HBS-0018BC-EFinanceChapter 6, Reading a Balance of Payments Statement (15 pages), defines the essential information in a balance of payments (BOP) statement. The author explores how to read and analyze a BOP and explains how to look for indicators of economic health. The chapter concludes with a short essay on how accounting rules are evolving at the International Monetary Fund (IMF).Starting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Conclusion, Putting the Pieces Together
Moss, David A.Book Chapter HBS-0020BC-EFinanceIn Conclusion, Putting the Pieces Together (10 pages), the author reviews the key concepts in his description of macroeconomics and summarizes the relationships between them. He explores the concept of macroeconomics as an inexact science that provides a baseline for analysis and cautions against the dangers of accepting macroeconomic theory as ironclad prediction. The chapter includes an epilogue on the financial crisis of 2007-2009.Starting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Chapter 1, Output
Moss, David A.Book Chapter HBS-0013BC-EFinanceIn this revised and updated edition of "A Concise Guide to Macroeconomics," David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentialsStarting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Chapter 2, Money
Moss, David A.Book Chapter HBS-0014BC-EFinanceIn Chapter 2, Money (34 pages), author discusses money - the second of three pillars that make up his description of the fundamentals of macroeconomics. The author explains how interest rates, exchange rates, and aggregate price levels constitute the "priStarting at €8.20
-
A Concise Guide to Macro Economics, Second Edition, Chapter 4, A Short History of Money and Monetary Policy in the United States
Moss, David A.Book Chapter HBS-0016BC-EFinanceChapter 4, A Short History of Money and Monetary Policy in the United States (12 pages), provides a brief history of U.S. monetary policy from the inception of the dollar to the present time as a way to illustrate many of the macroeconomic principles and relationships highlighted in chapters 1 - 3. The author considers the nature of the gold standard, the creation of the Federal Reserve, and the evolution of inflation targeting up to the recent f...Starting at €8.20
-
It's All About the Benjamin: An Early Look at the New Fed Chairman
Harris, Ethan S.Book Chapter HBS-7570BC-EFinanceThe chair of the Federal Reserve is often described as the second most powerful job in America. By pushing interest rates up and down, the Fed can send ripples throughout global capital markets. Just by hinting at fed action, the chair can make or break a day in the international financial markets. Yet the new Fed chair, Ben Bernanke, remains something of a mystery to investors and the press. This chapter takes a brief look at who Alan Greenspan'...Starting at €8.20