Finance
Learn about how money is managed on various levels including governments and tax. Created by Khan Academy.
Average Course Length
50 hours
Skill Level
Intermediate
Pick a lesson
1: Introduction to interest
2: Interest (part 2)
3: Introduction to Present Value
4: Present Value 2
5: Present Value 3
6: Present Value 4 (and discounted cash flow)
7: Introduction to Balance Sheets
8: More on balance sheets and equity
9: Home equity loans
10: Renting vs. Buying a home
11: Renting vs. buying a home (part 2)
12: Renting vs. Buying (detailed analysis)
13: The housing price conundrum
14: Housing price conundrum (part 2)
15: Housing Price Conundrum (part 3)
16: Housing Conundrum (part 4)
17: What it means to buy a company's stock
18: Bonds vs. Stocks
19: Shorting Stock
20: Shorting Stock 2
21: Is short selling bad?
22: Chapter 7:Bankruptcy Liquidation
23: Chapter 11: Bankruptcy Restructuring
24: Return on capital
25: Credit Default Swaps (CDS) Intro
26: Mortgage Back Security Overview
27: Collateralised Debt Obligation Overview
28: Mortgage-Backed Securities I
29: Mortgage-backed securities II
30: Mortgage-backed securities III
31: Collateralised Debt Obligation (CDO)
32: Introduction to the yield curve
33: Introduction to compound interest and e
34: Compound Interest and e (part 2)
35: Compound Interest and e (part 3)
36: Compound Interest and e (part 4)
37: Bailout 1: Liquidity vs. Solvency
38: Bailout 2: Book Value
39: Bailout 3: Book value vs. market value
40: Bailout 4: Mark-to-model vs. mark-to-market
41: Bailout 5: Paying off the debt
42: Bailout 6: Getting an equity infusion
43: Bailout 7: Bank goes into bankruptcy
44: Bailout 8: Systemic Risk
45: Bailout 9: Paulson's Plan
46: Bailout 10: Moral Hazard
47: Credit Default Swaps
48: Credit Default Swaps 2
49: Investment vs. Consumption 1
50: Investment vs. Consumption 2
51: Bailout 11: Why these CDOs could be worth nothing
52: Bailout 12: Lone Star Transaction
53: Bailout 13: Does the bailout have a chance of working?
54: Wealth Destruction 1
55: Wealth Destruction 2
56: Bailout 14: Possible Solution
57: Bailout 15: More on the solution
58: Banking 1
59: Banking 2: A bank's income statement
60: Banking 3: Fractional Reserve Banking
61: Banking 4: Multiplier effect and the money supply
62: Personal Bankruptcy: Chapters 7 and 13
63: Introduction to Compound Interest
64: The Rule of 72 for Compound Interest
65: Annual Percentage Rate (APR) and Effective APR
66: Introduction to Bonds
67: Relationship between bond prices and interest rates
68: Introduction to Mortgage Loans
69: Traditional IRAs
70: Roth IRAs
71: 401(k)s
72: Payday Loans
73: Institutional Roles in Issuing and Processing Credit Cards
74: Ponzi Schemes
75: Currency Exchange Introduction
76: Currency Effect on Trade
77: Currency Effect on Trade Review
78: Pegging the Yuan
79: Chinese Central Bank Buying Treasuries
80: American-Chinese Debt Loop
81: Debt Loops Rationale and Effects
82: American Call Options
83: Basic Shorting
84: American Put Options
85: Call Option as Leverage
86: Put vs. Short and Leverage
87: Call Payoff Diagram
88: Put Payoff Diagram
89: Long Straddle
90: Put as Insurance
91: Put-Call Parity
92: Put Writer Payoff Diagrams
93: Call Writer Payoff Diagram
94: Arbitrage Basics
95: Put-Call Parity Arbitrage I
96: Put-Call Parity Arbitrage II
97: Put-Call Parity Clarification
98: Actual Option Quotes
99: Option Expiration and Price
100: Forward Contract Introduction
101: Futures Introduction
102: Motivation for the Futures Exchange
103: Futures Margin Mechanics
104: Verifying Hedge with Futures Margin Mechanics
105: Futures and Forward Curves
106: Contango from Trader Perspective
107: Severe Contango Generally Bearish
108: Backwardation Bullish or Bearish
109: Futures Curves II
110: Contango
111: Backwardation
112: Contango and Backwardation Review
113: Upper Bound on Forward Settlement Price
114: Lower Bound on Forward Settlement Price
115: Arbitraging Futures Contract
116: Arbitraging Futures Contracts II
117: Cash Accounting
118: Accrual Basis of Accounting
119: Comparing Accrual and Cash Accounting
120: Balance Sheet and Income Statement Relationship
121: Basic Cash Flow Statement
122: Doing the example with Accounts Payable growing
123: Expensing a Truck leads to inconsistent performance
124: Depreciating the truck
125: Depreciation in Cash Flow
126: Amortization and Depreciation
127: Basic Capital Structure Differences
128: Market Capitalisation
129: Market Value of Assets
130: LIBOR
131: Fair Value Accounting
132: Tax Deductions Introduction
133: Alternative Minimum Tax
134: Term Life Insurance and Death Probability
135: Back of Envelope Office Space Conundrum
136: Corporations and Limited Liability
137: Is Limited Liability or Double Taxation Fair
138: Open-Ended Mutual Fund (Part 1)
139: Open-End Mutual Fund Redemptions
140: Closed-End Mutual Funds
141: Exchange Traded Funds (ETFs)
142: Hedge Funds Intro
143: Hedge Fund Structure and Fees
144: Are Hedge Funds Bad?
145: Hedge Funds, Venture Capital, and Private Equity
146: Treasury Bond Prices and Yields
147: Annual Interest Varying with Debt Maturity
148: The Yield Curve
149: Fed Open Market Operations
150: Quantitative Easing
151: More on Quantitative Easing (and Credit Easing)
152: Hedge Fund Strategies - Long Short 1
153: Hedge Fund Strategies - Long Short 2
154: Hedge Fund Strategies - Merger Arbitrage 1
155: Stock Dilution
156: Acquisitions with Shares
157: Price Behaviour After Announced Acquisition
158: Simple Merger Arb with Share Acquisition
159: Basic Leveraged Buyout (LBO)
160: Corporate Debt versus Traditional Mortgages
161: AMT Overview
162: Open market operations and Quantitative Easing Overview
163: Another Quantitative Easing Video
164: US and Japanese Quantitative Easing
165: Term and Whole Life Insurance Policies 2
166: Term and Whole Life Insurance Policies
167: Estate Tax Introduction
168: Human Capital
169: Risk and Reward Introduction
170: Futures Fair Value in the Pre-Market
171: What is Inflation
172: Inflation Data
173: Moderate Inflation in a Good Economy
174: Stagflation
175: Real and Nominal Return
176: Calculating Real Return in Last Year Dollars
177: Relation Between Nominal and Real Returns and Inflation
178: Use Cases for Credit Default Swaps
179: Financial Weapons of Mass Destruction
180: Deflation
181: Velocity of Money Rather than Quantity Driving Prices
182: Deflation Despite Increases in Money Supply
183: Deflationary Spiral
184: Hyperinflation
185: Estate Tax Basics
186: Term and Whole Life
187: Open-Ended Mutual Funds
188: Unemployment Rate Primer (v2)
189: Time Value of Money
190: Mortgage Interest Rates
191: Inflation Overview
192: Basics of US Income Tax Rate Schedule
193: Carry Trade Basics
194: Interpreting Futures Fair Value in the PreMarket
195: Interest Rate Swap 1
196: Interest Rate Swap 2