Economics of Financial Markets and Institutions - From First Principles

The book is based on introductory lectures on financial economics delivered to master students in law in the Department of Law, University of Oxford. It seeks to give a basic understanding of financial economics, treating it as a field of economics applied to the study of financial markets and institutions.

List of contents

• Preface


• 1: Making (rational) decisions


• 2: Cutting deals (the Coase Theorem)


• 3: Property rights


• 4: Competitive markets


• 5: The market for risk


• 6: Market failures


• 7: Trading with the better informed


• 8: Learning from trading


• Appendix

About the author

Oren Sussman gained his PhD from the Hebrew University of Jerusalem. Originally a macroeconomist he moved, gradually, to financial economics and corporate finance. He has published academic papers on the effect of financial constraints on the business cycle, economic analysis of insolvency law, cross-border insolvency, sovereign debt and exchange-rate volatility, and Fintech.

Summary

The book is based on introductory lectures on financial economics delivered to master students in law in the Department of Law, University of Oxford. It seeks to give a basic understanding of financial economics, treating it as a field of economics applied to the study of financial markets and institutions.

Product details

• Authors: Oren Sussman, Oren (Reader in Finance Sussman
• Publisher: Oxford University Press
• Languages: English
• Product format: Hardback
• Released: 25.07.2023
• EAN: 9780192869739
• ISBN: 978-0-19-286973-9
• No. of pages: 266
• Subjects: Social sciences, law, business > Business > Advertising, marketing; Business and Management, Finance, BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / Finance / General, Business & management, Monetary Economics, Finance and the finance industry