[Ebook] The Economics of Financial Markets

• Title: The Economics of Financial Markets
• Author: Roy E. Bailey
• Pages: 548 pages
• Publisher: Cambridge University Press (July 11, 2005)
• Language: English
• ISBN-10: 052184827X
• ISBN-13: 978-0521848275

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.


About the Author
R. E. Bailey is Reader in Economics at the University of Essex. His main interests are in monetary economics, together with economic history and philosophy.

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