The Economics of Financial Markets

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
Published: 06/20/2005
Pages: 550
Binding Type: Paperback
Weight: 2.34lbs
Size: 9.72h x 6.84w x 1.30d
ISBN: 9780521612807

About the Author
Bailey, Roy E.: - R. E. Bailey is Reader in Economics at the University of Essex. His main interests are in monetary economics, together with economic history and philosophy.