As one of the greatest inventions of human, money has been closely linked to human life from the beginning of the invention. The time value of money, which is the basic attributes of money, is the core of modern finance, and also one of the reflections of the human’s psychological cognitive of happiness and life. Each person, no matter in clothing, food, shelter and transportation, or in such matters as birth, senility, illness and death, cannot live without money and has to deal with the time value of money.
MOOC The Time Value of Money in Life is a general finance course. In the idea of liberal education, this course contains basic concepts, principles, calculations, applications and operation skills training for financial calculators. While identifying concepts in a multi-disciplinary perspective, this course presents plenty of investment and financial cases to demonstrate financial principles and to practice applications, and teaches students to operate financial calculators step by step. The idea to respect and to awe for life runs through the course, integrating knowledge, practicality, operability and humanistic care. This course brings modern finance into students’ daily life;helps them improve their financial intelligence, expand minds and pursue happiness of life.
Through this course, students can master the concepts, principles and calculation methods of the time value of money,interpret financial information in life in a scientific and normative way, use financial calculator to deal with personal daily investment and financial matters, face the monetary and financial phenomena in life rationally and philosophically along with respect and awe for life,
This course is a general finance course with no special prerequisites.
This course is suitable for the following learners:
➢ Undergraduate and graduate students
➢ High school students with an interest in finance
➢ Ordinary learners who want to learn basic financial knowledges and improve their
ability of investment and financial management
Electronic Version Course Notes The Time Value of Money in Life
1. Is there a textbook for this course?
Yes. There is an electronic version course notes for students to browse and download.
2. Do I need to buy HP12C financial calculator used in this course?
No. HP12C financial calculator simulator software, which has been tested by the teaching team,
is provided for learners to download.