Economics for Financial Markets (Quantitative Finance) - Hardcover

Kettell, Brian

Hardcover

ISBN 10: 0750653841 ISBN 13: 9780750653848

Publisher: Butterworth-Heinemann, 2001

Synopsis

Successful trading, speculating or simply making informed decisions about financial markets means it is essential to have a firm grasp of economics. Financial market behaviour revolves around economic concepts, however the majority of economic textbooks do not tell the full story.

To fully understand the behaviour of financial markets it is essential to have a model that enables new information to be absorbed and analysed with some predictive implications. That model is provided by the business cycle.

'Economics for Financial Markets' takes the reader from the basics of financial market valuation to a more sophisticated understanding of the actions that traders take which ultimately drives the volatility in the financial markets.

The author shows traders, investment managers, risk managers and finance professionals how to distil the flow of information and show what needs to be concentrated on, covering topics such as:

* Why are financial markets subject to economic fashions?
* How has the New Economy changed financial market behaviour?
* Does the creation of the euro fundamentally change the behaviour of the currency markets?
Shows how to distil the vast amount of information in financial markets and identify what is important
Demonstrates how the "New Economy" had changed financial market behaviour
Explains how to follow the behaviour of central banks

About this title

Review:

"Brian Kettell’s Financial Economics is a very clear, up-to-date and highly readable treatment of the subject. It provides a nice perspective on how the subject has developed, as well as an easily understandable overview of recent developments and controversies. It will become a standard reference in the field."

Professor Kevin Dowd, Nottingham University Business School

From the Back Cover:

FINANCIAL ECONOMICS

"Brian Kettell’s Financial Economics is a very clear, up-to-date and highly readable treatment of the subject. It provides a nice perspective on how the subject has developed, as well as an easily understandable overview of recent developments and controversies. It will become a standard reference in the field."

• Professor Kevin Dowd, Nottingham University Business School

 

The rapidly developing field of financial economics is taking a firm grip on the study of financial markets. Uniting the disciplines of economics, finance and statistics, it can shed invaluable light on how the markets work, enabling the smart investor to act faster and smarter than the rest.

Financial Economics provides an essential review of the subject, explaining the theories and latest developments, as well as arming you with the tools you require to really take advantage of this fascinating new science.

About this edition

• Publisher: Butterworth-Heinemann
• Publication date: 2001
• ISBN 10: 0750653841
• ISBN 13: 9780750653848
• Binding: Hardcover
• Number of pages: 384