An educational example is presented that is an effective teaching illustration to help students understand the difference between traditional CAPM beta and downside (or down-market) beta and why downside beta is a superior measure for use in personal financial planning investment policy statements.

This series inspects the major topics in finance, reviewing the roles of stockholder wealth maximization, the risk-return tradeoff, and agency conflicts. The current article, devoted to dividend policy, also reviews the topic as presented in textbooks and the literature.

The ongoing debates about the future of social insurance programs such as Social Security and Medicare raise questions about the public's knowledge of the history of social insurance and about the impact these programs have on millions of Americans. In general, public conversations about social policies in the U.S. tend to focus on whether or not…

A computer simulation game is discussed which helps managers systematically understand the institutional finance of a complex university and make decisions based upon data from projected outcomes. (MP)

Collected in this guide are 84 cost saving measures submitted by Pennsylvania school districts. Information on each practice includes a description, background, effectiveness, cost requirements, adaptability, and contact for further details. Facilities practices include energy management and conservation measures. Materials/equipment practices…

Presents a framework for including the optimal level of national saving and its disposition between investment in the domestic capital stock and the accumulation of overseas assets, in intermediate macroeconomics teaching. Uses the IS-LM model to enhance students' comprehension of the issues involved in the optimal level of saving. (MJP)

This instructor's guide contains materials to be used in a workshop designed to train members of action organizations (consumer, community, educational) in techniques such as role playing, modeling, and developing strong communications skills for assertively securing legal consumer rights in the areas of credits and warranties, and to prepare the…

Focusing on obtaining and using consumer credit, this document is one in a series of three consumer education modules developed to educate individual adult consumers in important areas of consumer affairs. An introductory section provides an overview of the module contents, suggested approaches for using the module, and suggestions for working…