ISBN13: 9780470596203 ｜652pages｜Hardcover｜©2012｜NT$1500
Author
Frank J. Fabozzi -EDHEC Business School and member of the EDHEC-Risk Institute
Edwin H. Neave - Queen's University School of Business
Guofu Zhou - University of Washington in St. Louis
Description
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, an area which is coming to both financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets.
The authors provide rigorous coverage aimed at assisting the undergraduate and masters-level students to better understand the principles and practical application of financial economic theory. In addition, the book serves as a supplemental reference for doctoral students in economics and finance, as well as for practitioners who are interested in knowing more about the theory and intuition behind many coming practices in finance.
In short, the book focuses on economic principles and on putting these principles to work in the various fields of finance - financial management, investment management, risk management, and asset and derivatives pricing.
Table of Contents
Part 1 FINANCE IN A CERTAINTY WORLD WITH A PERFECT CAPITAL MARKET
Ch 1 Introduction
Ch 2 Consumer Financial Decisions
Ch 3 Creating Wealth by Investing in Productive Opportunities
Ch 4 How Investors Value Firms
Ch 5 Firm Financing Decisions in a Perfect Capital Market
Ch 6 Firm Investment Decisions
Part 2 FINANCIAL SYSTEM
Ch 7 Financial Systems, Governance, and Organization
Ch 8 Market, Intermediary, and Internal Governance
Part 3 TOOLS FOR COPING WITH RISK
Ch 9 The Microeconomic Foundations of Financial Economics
Ch 10 Contingent Claims and Contingency Strategies
Ch 11 Risk and Risk Management
Ch 12 On Choosing Risk Measures
Part 4 SELECTION AND PRICING OF RISKY ASSETS
Ch 13 Mean-Variance Portfolio Choice
Ch 14 Capital Asset Pricing Model
Ch 15 The APTand Factor Models
Ch 16 General Principles of Asset Pricing
Ch 17 Pricing Corporate Securities
Part 5 DERIVATIVE INSTRUMENTS
Ch 18 Pricing Derivatives by Arbitrage: Linear Payoff Derivative
Ch 19 Pricing Derivatives by Arbitrage: Nonlinear Payoff Derivatives
Part 6 CAPITAL MARKET IMPERFECTIONS AND THE LIMITS TO ARBITRAGE
Ch 20 Capital Market Imperfections and Financial Decision Criteria
Ch 21 Impediments to Arbitrage
Part 7 CAPITAL STRUCTURE DECISIONS IN IMPERFECT CAPITAL MARKETS
Ch 22 When Capital Structure Decisions Matter
Ch 23 Financing Decisions in Practice
Ch 24 Financial Contracting and Deal Terms
Part 8 INCORPORATING RISK IN CAPITAL BUDGETING DECISIONS
Ch 25 Capital Expenditure Plans in a Risky World
Ch 26 Evaluating Project Risk in Capital Budgeting
