R.E.Bailey – The Economics of Financial Markets

R.E.Bailey – The Economics of Financial Markets

R.E.Bailey – The Economics of Financial Markets

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R.E.BAILEY – THE ECONOMICS OF FINANCIAL MARKETS

The Economics of Financial Markets is suitable for advanced undergraduates and for beginning graduate students in financial economics. The economics of uncertainty can be applied to financial decision-making following a brief overview of financial markets. The mean-variance model of portfolio selection is discussed. The APT model of asset prices is studied in a variety of contexts. The volatility of asset prices, the intertemporal CAPM and the equity premium puzzle are also discussed. Theories of the term structure of interest rates are assessed after an analysis of bond contracts. Financial derivatives are studied, focusing on futures and options contracts.

R.E.Bailey is the Economics of Financial Markets.

The Economics of Financial Markets is a book by R.E.Bailey.

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