The Economics of Financial Markets by Roy E. Bailey [Repost]

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The Economics of Financial Markets by Roy E. Bailey
Cambridge University Press | July 11, 2005 | English | ISBN: 052184827X | 541 pages | PDF | 2 MB

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.