The economics of financial markets / Roy E. Bailey.
This is a concise overview of capital markets, suitable for advanced undergraduates and for graduate students in financial economics. Following a brief overview of financial markets, the text explores how the economics of uncertainty can be applied to financial decision-making.
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| Format: | Book |
| Language: | English |
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Cambridge ; New York :
Cambridge University Press,
2005.
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| Online Access: | Contributor biographical information |
| Summary: | This is a concise overview of capital markets, suitable for advanced undergraduates and for graduate students in financial economics. Following a brief overview of financial markets, the text explores how the economics of uncertainty can be applied to financial decision-making. "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 in detail, with analysis extended to the capital asset pricing model (CAPM)."--BOOK JACKET. |
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| Physical Description: | xix, 528 pages : illustrations ; 25 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0521612802 9780521612807 052184827X 9780521848275 |