Satya R. Chakravarty

An Outline of Financial Economics (eBook, PDF)

• Format: PDF

Produktbeschreibung

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.

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Produktdetails

• Verlag: Anthem Press
• Seitenzahl: 314
• Erscheinungstermin: 15. Mai 2013
• Englisch
• ISBN-13: 9780857285751
• Artikelnr.: 44360678

Autorenporträt

Satya R. Chakravarty

Inhaltsangabe

Preface
PART I: INTRODUCTION AND BASIC CONCEPTS
1. Basic Concepts
2. Intertemporal Decision-Making and Time Value of Money
3. Risk and Uncertainty
PART II: FIRM VALUATION AND CAPITAL STRUCTURE
4. Valuation of Stocks
5. Valuation of Cash Flows and Capital Budget Allocation
6. Financial Structure of a Firm
PART III: FIXED INCOME SECURITIES AND OPTIONS
7. Valuation of Bonds and Interest Rates
8. Markets for Options
9. Arbitrage and Binomial Model
10. Brownian Motion and Itō’s Lemma
11. The Black–Scholes–Merton Model
12. Exotic Options
13. Risk-Neutral Valuation and Martingales
PART IV: PORTFOLIO MANAGEMENT THEORY
14. Portfolio Management: The Mean-Variance Approach
15. Stochastic Dominance
16. Portfolio Management: The Mean-Gini Approach
Bibliography
Index