The Economics of Financial Markets by Roy E. Bailey
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.
Publisher: Cambridge University Press (July 11, 2005) | ISBN-10: 052184827X | PDF | 2,6 Mb | 548 pages
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