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Financial economics / Chris Jones

By: Material type: TextTextPublication details: London : Routledge, 2008Description: xi, 320p., 25cmISBN:
  • 9780415375856
Subject(s): DDC classification:
  • 332 JON
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This book examines economic activity in financial markets: how capital assets are priced and how these prices change over time. The analysis starts in a certainty setting by exploring way individuals use financial securities to choose their current and future consumption flows, before moving on to an uncertainty setting where security prices are obtained using standard intermediate microeconomic analysis that relies heavily on the use of diagrams to bring together the demand and supply decisions of traders in financial markets.

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