Economics for Financial Markets free download online
Title: Economics for Financial Markets Author(s): Pages: 376 Publisher: Publication date: Language: Format: PDF ISBN-10: ISBN-13: Description: Preface
This book is about what aspects of economics it is necessary to
know about to understand why financial markets are so
volatile. It is designed to demonstrate that behind all the jargon
associated with the financial markets there are some basic
economic ideas operating. What these basic ideas are is not
evident from either existing textbooks nor from reading the
financial press. The text is not designed as a standard
economics textbook as the market place is full of excellent
textbooks for anyone seeking to understand basic economic
ideas.
Prior to the publication of this text readers seeking to
understand how the economics world and the real financial
market place interact have had a problem. The financial
markets are unundated with information. From all this information
how can one make sense of this to see the big financial
market picture? Certainly not by reading standard economics
textbooks.
The text is designed for a broad readership including students,
both undergraduate or postgraduate majoring in economics
of finance, practitioners in the markets seeking a fresh
insight into what is going on around them every day, and for
newcomers to the financial markets who need a clear perspective
on all the daily ups and downs in the markets. To repeat,
these objectives are not achieved by reading the existing
literature.
The text takes the US economy as its frame of reference. This
is based on the fact that the sheer size of the US economy in the
world financial markets is so large that it dwarfs most other
financial market places. Also the domination of the US dollar as
the world’s global currency means that what moves the dollar
basically moves all the other financial markets, and clearly
whatever can move the value of the dollar has to be understood.
However the text is just as relevant to readers operating in other
financial markets, as once they understand the economic
implications of changes in the US financial market place they
can easily see the implications for their own domestic
economy.
Economics for Financial Markets free download links:
Title: Economics for Financial Markets