+612 9045 4394
Financial Economics - Jürgen Eichberger

Paperback Published: 1st May 1997
ISBN: 9780198775409
Number Of Pages: 280

Share This Book:


RRP $89.95
or 4 easy payments of $21.69 with Learn more
Ships in 10 to 15 business days

Financial economics is an exciting new field of study that integrates the theory of finance and financial institutions into the main body of economic theory. In doing so, it draws on insights from general equilibrium analysis, information economics, and the theory of contracts. Financial Economics is a self-contained and comprehensive introduction to the field for advanced undergraduate and postgraduate economists and finance specialists. It develops the main ideas in finance theory, including the CAPM, arbitrage pricing, option pricing, and the Modigliani-Miller theorem within an economic framework. Students of economics are shown how finance theory derives from foundations in economic theory, while students of finance are given a firmer appreciation of the economic logic underlying their favourite results. Financial Economicsprovides all the technical apparatus necessary to read the modern literature in financial economics and the economics of financial institutions. The book is self-contained in that the reader is guided through branches of the theory, as necessary, in order to understand the main topics. Numerous examples and diagrams illustrate the key arguments, and the main chapters are followed by guides to the relevant literature and exercises for students.

Introduction 1: Decision-making under Uncertainty Part I. Symmetric Information: Financial Markets 2: Portfolio Choice 3. Systems of Financial Markets: 4: Arbitrage and Option Pricing 5: Firms and Financial Markets Part II. Asymmetric Information: Financial Contracts 6: Debt Contracts and Credit Rationing 7: Deposit Contracts and Banking 8: Regulation of Banks 9: Towards Application: Financial Markets and Financial Intermediaries References Index

ISBN: 9780198775409
ISBN-10: 0198775407
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 280
Published: 1st May 1997
Country of Publication: GB
Dimensions (cm): 23.06 x 16.15  x 1.55
Weight (kg): 0.44

This product is categorised by