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Cambridge University Press Principles of Financial Economics

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£42.99 £37.96 £39.06 £40.16 £41.25 £42.35 £43.45 23 April 2026 04 May 2026 15 May 2026 26 May 2026 06 June 2026

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Description

This second edition provides a rigorous yet accessible graduate-level introduction to financial economics. Since students often find the link between financial economics and equilibrium theory hard to grasp, less attention is given to purely financial topics, such as valuation of derivatives, and more emphasis is placed on making the connection with equilibrium theory explicit and clear. This book also provides a detailed study of two-date models because almost all of the key ideas in financial economics can be developed in the two-date setting. Substantial discussions and examples are included to make the ideas readily understandable. Several chapters in this new edition have been reordered and revised to deal with portfolio restrictions sequentially and more clearly, and an extended discussion on portfolio choice and optimal allocation of risk is available. The most important additions are new chapters on infinite-time security markets, exploring, among other topics, the possibility of price bubbles.

Key Features

Principles of Financial Economics

Books Subjects History ;Books Subjects Business Finance Law Accounting International ;Books Subjects Business Finance Law Economics Macroeconomics ;Books Subjects Business Finance Law Professional Finance ;Books Subjects University Textbooks Business Finance International Business

Cambridge University Press

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
16 October 2014
Listed Since
16 January 2014

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