نقد و بررسی کتاب: مقدمه ای بر اقتصاد بازارهای مالی

Mirjalili, Seyed hossein (2008): نقد و بررسی کتاب: مقدمه ای بر اقتصاد بازارهای مالی. Published in: Journal of Securities Exchange , Vol. 1, No. 3 (19 December 2008): pp. 167-183.

Abstract

Financial economics is an application of microeconomic theory. The concepts of equilibrium, efficiency, opportunity costs, marginal analysis, and tangency conditions introduced in microeconomics are applied in the analysis of financial markets. This book explains how and to what extent financial markets help individuals maximize their lifetime satisfaction (utility) through intertemporal exchanges. In the second part of the article, the content of the book’s chapters is presented. The third part is devoted to examining four topics in financial economics: the efficiency of financial markets, asset pricing models, imperfections of financial markets, and financial derivatives. The fourth part critiques the content of the book. Finally, the last part of the article is dedicated to the conclusion and suggestions.

• Item Type: MPRA Paper
• English Title: Review of An Introduction to Economics of Financial Market by James Bradfield
• Language: Persian
• Keywords: Economics, Financial market, efficiency, asset, derivatives.
• Subjects: G - Financial Economics > G1 - General Financial Markets > G10 - General; G - Financial Economics > G2 - Financial Institutions and Services > G20 - General

References

-James Bradfield, "Introduction to The Economics of Financial Markets," Oxford University Press, 2007, (489 pages).

-Ricardo N. Rebczuk,(2003),"Asymmetric Information in financial Markets: Introduction and Applications", Cambridge University press.

-Roy E. Bailey,(2005), "The Economics of Financial Markets", Cambridge University Press.