ENGLISH

Principles of Financial Economics

By Stephen A. Ross , Jan Werner , Stephen F. LeRoy

Book information

Publisher
Cambridge University Press
Year
2000
ISBN
0521586054, 9780521586054, 0521584345, 9780521584340, 9780511065811
Open Library ID
OL7747199M
Language
english
Format
PDF
Filesize
2 MB (1663221 bytes)
Edition
1
Pages
300\302
Topic
Economy
Scanned
yes
Time added
2011-04-20 14:05:05

Description

This book introduces graduate students in economics to the subfield of financial economics. It stresses the link between financial economics and equilibrium theory, devoting less attention to purely financial topics such as valuation of derivatives. Since students often find this link hard to grasp, the treatment aims to make the connection explicit and clear in each stage of the exposition. Emphasis is placed on detailed study of two-date models, because almost all of the key ideas in financial economics can be developed in the two-date setting. The analysis is intended to be comparable in rigor to the best work in microeconomics; at the same time, the authors provide enough discussion and examples to make the ideas readily understandable.

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