Contents
Preface; 1. Asset markets and asset prices; 2.
Asset market microstructure; 3. Predictability of prices and market
efficiency; 4. Decision making under uncertainty; 5. Portfolio
selection: the mean-variance model; 6. The capital asset pricing model,
CAPM; 7. Arbitrage; 8. Factor models and arbitrage pricing theory, APT;
9. Empirical appraisal of the CAPM; 10. Present value relationships and
price variability; 11. Intertemporal choice and equity premium puzzle;
12. Bond markets and fixed-interest securities; 13. Term structure and
interest rates; 14. Futures markets - fundamentals; 15. Futures markets
- speculation and hedging; 16. Futures markets - applications; 17. Swap
contracts and swap markets; 18. Options markets: fundamentals; 19.
Options markets - price determination; 20. Options markets -
applications.
