Buy The Economics of Financial Markets 1st Edition PDF ebook, (ISBN-13: 9780521612807), copyright 2005 by author Roy E. Bailey – published by Cambridge University Press today and save up to 80% compared to the print version of this textbook. With PDF version of this textbook, not only save you money, you can also highlight, add text, underline add post-it notes, bookmarks to pages, instantly search for the major terms or chapter titles, etc.
You can search our site for other versions of the The Economics of Financial Markets 1st Edition PDF ebook. You can also search for others PDF ebooks from publisher Cambridge University Press, as well as from your favorite authors. We have thousands of online textbooks and course materials (mostly in PDF) that you can download immediately after purchase. Every textbook comes with a 7 days “100% satisfaction” guarantee.
Note: e-textBooks do not come with access codes, CDs/DVDs, workbooks, and other supplemental items.
Summary of 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. The mean-variance model of portfolio selection is discussed, with analysis extended to the capital asset pricing model (CAPM). Arbitrage plays a pivotal role in finance and is studied in a variety of contexts, including the APT model of asset prices. Methods for the empirical evaluation of CAPM and APT are also discussed, together with the volatility of asset prices, the intertemporal CAPM and the equity premium puzzle. An analysis of bond contracts leads into an assessment of theories of the term structure of interest rates. Finally, financial derivatives are explored, focusing on futures and options contracts.
Additional ISBNs: 521612802, 9780521612807
Download The Economics of Financial Markets 1st Edition PDF eBook
You can download the The Economics of Financial Markets 1st Edition | 9780521612807 PDF immediately after successful checkout! It’s also emailed to you as soon as the order is confirmed. You can share your ebook free to your friends. Happy you, happy us!