The Economics of Financial Markets (Roy E. Bailey) {S-B}™

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550 pages
Publisher: Cambridge University Press (June 20, 2005)
Language: English
ISBN-10: 0521612802
ISBN-13: 978-0521612807



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.




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The Economics of Financial Markets (Roy E. Bailey) {S-B}™