Financial economics / Frank J. Fabozzi, Edwin H. Neave and Guofu Zhou.

Includes bibliographical references and index.

Finance in a certanty World a perfect capital market. -- Financial system. -- Selection and pricing of risky assets. -- Derivative instruments. -- Capital market imperfections and thew limits to arbitrage. -- Incorporating risk in capital budgeting decisions.

"Financial Economics has quickly established itself as a strong and growing market. Introduction to Financial Economics by Frank Fabozzi, Edwin Neave, and Gaofu Zhou presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, and area which is common to both the financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets"-- Provided by publisher.