Intended primarily for M.Sc. students in Finance, advanced MBA's and third or fourth year economics undergraduates taking a course in Finance. This text is for those who find Ph.D. financial theory texts excessively abstract and introductory texts insufficiently general.
Most topics in a first year Ph.D. course in financial economics are considered via examples and intuitive arguments rather than using the full generality of propositions and proofs. This text uses general equilibrium theory as a basis for understanding and unifying more difficult literature.
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Intermediate Financial Theory is intended primarily for students seeking a master's degree and advanced MBAs taking a course in finance. This text is for those who find the doctoral texts excessively abstract and introductory texts too elementary.
Features:Offers a concise, rigorous, yet accessible review of the main ideas of modern financial theory
Provides a glance into those new developments and ideas that are likely to shape future financial practice and thinking
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