In this Case Study Activity, students will take on the role of …
In this Case Study Activity, students will take on the role of a credit counselor to assist a borrower who finds himself in serious financial distress. Several options will be presented, and students will identify pros and cons of each approach and choose a path forward.
Managing debt loads can be very difficult and overwhelming at times. Hiding …
Managing debt loads can be very difficult and overwhelming at times. Hiding from debt and avoiding the problem, will only make the situation worse. This activity includes mini case studies on how to handle various debt problems so that the students can take control of their debt and move forward to a better financial future.
This resource is a video abstract of a research paper created by …
This resource is a video abstract of a research paper created by Research Square on behalf of its authors. It provides a synopsis that's easy to understand, and can be used to introduce the topics it covers to students, researchers, and the general public. The video's transcript is also provided in full, with a portion provided below for preview:
"A company's economic performance varies over time But a company's executives can use earnings management to reduce the variability of reported earnings - a common measure of economic performance This process, known as “income smoothing,” has been debated by regulators and researchers Some worry that executives may use income smoothing to mask poor economic performance Others argue that income smoothing allows executives to report earnings that better reflect the company’s true ongoing performance A new study examines how income smoothing impacts debt contract design and financial covenant effectiveness to provide evidence on these issues The study finds that debt contracts to borrowers who smooth income are more likely to include an earnings-based debt covenant And income smoothers are less likely to experience a spurious covenant violation, where a debt covenant is violated even though credit risk has not increased These findings suggest that smoothed earnings are more useful in monitor.."
The rest of the transcript, along with a link to the research itself, is available on the resource itself.
In this 3 minute video, students are introduced to the concept of …
In this 3 minute video, students are introduced to the concept of fiscal policy which takes place via taxes, spending and borrowing in an effort to ease the boom and bust cycles of the business cycle. This video will aid in the mastery of standard EPF. 5 and 7
This is an 8 minute video that will aid in the mastery …
This is an 8 minute video that will aid in the mastery of standard EPF. 13, 17, and 18. The video also goes over some basic facts about The Great Recession. It also shows graphs that demonstrate income potential over ones' lifetime.
This video introduces students to what banks do and their purpose in …
This video introduces students to what banks do and their purpose in our economy as a linker between borrows and lenders. This video will aid in the mastery of standard EPF. 12
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