Book Cover

Personal Finance and Economic Decision-Making


Finance

ISBN #978-1-959142-45-4

Personal Finance and Economic Decision-Making

Ben Blau, PhD
Todd Griffith, PhD
Ryan Whitby, PhD

Regardless of your background and career goals, understanding how to manage your finances and make good financial decisions is a critical skill. This text explores personal finances through the lens of common economic decisions, covering banking and the financial system, budgeting, planning for retirement, investing, and insurance. It also examines the psychology behind some of our most common economic decisions and discusses strategies to avoid common pitfalls.

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Course Objective

This text provides an overview of personal finance essentials, covering topics like banking, budgeting, retirement planning, investing, and insurance, while also exploring the psychology behind economic decisions and strategies to avoid financial pitfalls.

Table of Contents

Chapter 1: The Financial System
Chapter 2: The Time Value of Money
Chapter 3: Money and Banking
Chapter 4: Investments
Chapter 5: Retirement Planning
Chapter 6: Credit and Borrowing
Chapter 7: Real Estate
Chapter 8: Budgeting
Chapter 9: Personal Financial Statements
Chapter 10: Understanding Risk
Chapter 11: Insurance
Chapter 12: Behavioral Finance

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