The Economics of Financial Markets

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The Economics of Financial Markets

The Economics of Financial Markets
Roy E. Bailey -
Published: 2005-06-20 | ISBN: 0521612802, 052184827X | PDF | 548 pages | 3 MB


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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Tags: Markets, Financial, Economics
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