ECON 308
V. Marra – S18
Master Topic List (Cross-referenced: Mishkin 11th ed.)
Annuity Growth: What amount will Pmts grow to? (PV = 0)
Coupon Bonds: Pricing and Yield
Coupon Rate
Current Yield
Yield to Maturity
Holding Period Returns – Discount Bonds
Coupon Bonds
Int Rates & Bond Prices for Short vs Long Bonds
Liquidity Preference Model (SR) of interest rate determination
Portfolio Model (LR) of interest rate determination
Supply (from Borrower/Spenders) – Shifters (3)
Demand (from Saver/Lenders) – Shifters (6)
SR & LR Adjustments
Bonds: Risk and Yield; Risk Spread; Bond Ratings
Chap 6
The Yield Curve
Term Spread
Adjustments to Yield Curve shape – Short YTMs change
Actual Yield Curves (slides)
Chaps 13 & 15
Structure of the Fed: 12 District Banks
Board of Governors
Federal Open Market Committee
