Financial Economics

Financial Economics
ISBN-10
1134185677
ISBN-13
9781134185672
Series
Financial Economics
Category
Business & Economics
Pages
336
Language
English
Published
2008-02-05
Publisher
Routledge
Author
Chris Jones

Description

Whilst many undergraduate finance textbooks are largely descriptive in nature, the economic analysis in most graduate texts is too advanced for latter year undergraduates. This book bridges the gap between these two extremes, offering a textbook that studies economic activity in financial markets, focusing on how consumers determine future consumption and on the role of financial securities. Areas covered in include: an examination of the role of finance in the economy using basic economic principles, eventually progressing to introductory graduate analysis a microeconomic study of capital asset pricing when there is risk, inflation, taxes and asymmetric information an emphasis on economic intuition using geometry to explain formal analysis an extended treatment of corporate finance and the evaluation of public policy.

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