For undergraduate and graduate courses in corporate finance, financial management, and financial economics.
Financial Economics is an introductory text intended for use in the first finance course. It has a broader scope and a greater emphasis on general principles than most other introductory level texts in finance, which typically focus exclusively on corporate finance. This text encompasses all the subfields of finance ― corporate finance, investments and financial markets and institutions ― covering the general principles to provide students with an appreciation of the whole discipline’s subject matter.
This book seeks to explain finance through its functions rather than its institutions, concentrating on the three pillars of finance: optimization over time, asset valuation, and risk management.
"synopsis" may belong to another edition of this title.
KEY BENEFIT: This significant new guide to finance has a broader scope and greater emphasis on general principles than most other books of its kind, which typically focus exclusively on corporate finance. Acclaimed authors Bodie and Merton offer an approach balanced among the three "pillars" of finance-optimization over time, asset valuation, and risk management. KEY TOPICS: Encompasses all subfields of finance within a single unifying conceptual framework. Offers the "big picture" of resource allocation over time under conditions of uncertainty. Focuses on personal finance topics, such as saving and investing, as well as asset valuation. Provides spreadsheet modeling exercises in the accompanying Prentice Hall Finance Center CD. MARKET: Ideal for executives or for anyone seeking a solid understanding and overview of the field of finance.
"About this title" may belong to another edition of this title.
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