Introduction to Financial Literacy

  Chapter Outline: Chapter 1: Introduction to Finance This chapter will define finance and its role in the economy. It will also discuss the various areas of finance, including personal finance, corporate finance, and public finance. Additionally, it will provide an overview of the financial system and financial markets. Chapter 2: Financial Statements This chapter will introduce the three main financial statements - the balance sheet, income statement, and cash flow statement - and explain how they are used to analyze a company's financial performance. It will also provide an overview of financial ratios, which are used to assess a company's financial health. Chapter 3: Time Value of Money This chapter will introduce the concept of time value of money, which is a fundamental concept in finance. It will explain the principles of present value and future value and their use in financial decision-making. Additionally, it will cover annuities, perpetuities, and other time value of money c