The Economics of Financial Markets

by Roy E. Bailey

Book 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.

• Format: Paperback
• Language: English
• ISBN: 0521612802
• ISBN13: 9780521612807
• Release Date: June 2005
• Publisher: Cambridge University Press
• Length: 550 Pages
• Weight: 0.80 lbs.
• Dimensions: 1.3" x 6.8" x 9.7"