ENGLISH

The economics of financial markets

By Roy E. Bailey

Book information

Publisher
Cambridge University Press
Year
2005
ISBN
052184827X, 9780521848275, 9780511115806
Open Library ID
OL7766513M
Language
english
Format
PDF
Filesize
3 MB (2697694 bytes)
Pages
550\550
Topic
Economy
Library
Kolxo3
Time added
2010-07-29 05:14:56

Description

The Economics of Financial Markets presents a concise overview of capital markets, suitable for advanced undergraduates and for beginning graduate students in financial economics. Following a brief overview of financial markets--their microstructure and the randomness of stock market prices--this textbook explores how the economics of uncertainty can be applied to financial decision-making. Emphasis is placed on the economic principles underlying all financial markets, focusing on markets for equities, bonds, futures and options contracts.

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