The Economics of Financial Markets

ISBN: 9780521612807
Publisher: Cambridge University Press
Publication Date: 2005-06-20
Number of pages: 550
  • $29.30

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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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