Product Description
Financial Markets> provides a concise, yet comprehensive introduction to financial markets for undergraduate or MBA students studying finance or money and banking. The text employs an analytical approach to the role of financial markets in a modern economy, debt and equality markets, and derivatives markets and risk management. In each case, the discussions explore the financial economics of the area of study and focus on the application of finance concepts to practical business management problems. The material covering financial derivatives offers an extensive treatment of the topic, placing particular emphasis on how derivatives are used in risk management.
* The text includes STUDY!, a computerized study guide that includes a bank of multiple choice questions covering all of the essential conceptual issues in the text.
* The text includes STUDY!, a computerized study guide that includes a bank of multiple choice questions covering all of the essential conceptual issues in the text.
From the Back Cover
Financial Markets provides a concise, yet comprehensive, introduction to financial markets for undergraduate or MBA students studying finance or money and banking. The text breaks with the non-analytical tradition of most texts and employs an analytical approach to the role of financial markets in a modern economy, debt and equity markets, and derivatives markets and risk management. In each case, the discussion explores the financial economics of the area of study and focuses on the application of finance concepts to practical business management problems. The material covering financial derivatives offers an extensive treatment of the topic placing particular emphasis on how derivatives are used in risk management.
