"An Outline of Financial Economics" presents a systematic treatment of the theory and methodology of finance and economics. The book follows an analytical and geometric methodology, explaining technical terms and mathematical operations in clear, non-technical language, and providing intuitive explanations of the mathematical results. The text begins with a discussion of financial instruments, which form the basis of finance theory, and goes on to analyze bonds - which are regarded as fixed income securities - in a simple framework, and to discuss the valuation of stocks and cash flows in detail. Highly relevant topics such as attitudes toward risk, uncertainty, the financial structure of a firm, stochastic dominance, portfolio management, option pricing and conditions for non-arbitrage are analyzed explicitly. Because of its wide coverage and analytical, articulate and authoritative presentation, "An Outline of Financial Economics" will be an indispensable book for finance researchers and undergraduate and graduate students in fields such as economics, finance, econometrics, statistics and mathematics.

A systematic treatment of theory and methodology of finance and economics, complete with numerical and applied examples, quantitative problems and questions.

About the Author

Satya R. Chakravarty is Professor of Economics at the Indian Statistical Institute in Kolkata, India.

Book Information
ISBN 9780857285072
Author Satya R. Chakravarty
Format Hardback
Page Count 314
Imprint Anthem Press
Publisher Anthem Press
Weight(grams) 590g
Dimensions(mm) 229mm * 153mm * 26mm