In this session, I look at interest rates and why they vary across time, starting with fundamentals (inflation and real growth) and then bringing in the central banking influence. I also look at the slope of the yield curve and why it might or might not be a signal of economic growth.
Slides: http://people.stern.nyu.edu/adamodar/...
Post class test: http://www.stern.nyu.edu/~adamodar/pd...
Post class test solution: http://www.stern.nyu.edu/~adamodar/pd...