平狄克微观经济学Investment-Time-and--Capital-Markets.pptVIP

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平狄克微观经济学Investment-Time-and--Capital-Markets.ppt

Chapter15Investment,Timeand

CapitalMarkets

TopicstobeDiscussedStocksVersusFlowsPresentDiscountedValueTheValueofaBondTheNetPresentValueCriterionforCapitalInvestmentDecisionsAdjustmentsforRisk2Chapter15

TopicstobeDiscussedInvestmentDecisionsbyConsumersInvestmentsinHumanCapitalIntertemporalProductionDecisions–DepletableResourcesHowAreInterestRatesDetermined?3Chapter15

IntroductionMarketsforfactorsandoutputgiveareasonablycompletepictureCapitalmarketsaredifferentCapitalisdurableItisaninputthatwillcontributetooutputoveralongperi

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