Overview
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.
- | Author: Roy E. Bailey
- | Publisher: Cambridge University Press
- | Publication Date: May 26, 2005
- | Number of Pages: 550 pages
- | Binding: Paperback or Softback
- | ISBN-10: 0521612802
- | ISBN-13: 9780521612807
