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 analysisa microeconomic study of capital asset pricing when there is risk, inflation, taxes and asymmetric informationan emphasis on economic intuition using geometry to explain formal analysisan extended treatment of corporate finance and the evaluation of public policy.
- ISBN10 6611457003
- ISBN13 9786611457006
- Publish Date 28 January 2008 (first published 1 January 2008)
- Publish Status Active
- Out of Print 21 August 2012
- Publish Country US
- Imprint Taylor & Francis Group
- Format eBook
- Language English