Skip to main content
View Cart

Books in Economics and finance

Our Economics and Finance titles are essential reading for students, scholars, policymakers, and market practitioners who want to stay up-to-date with the latest research and foundational topics in the field, from financial markets and trade to e-commerce, econometrics, quantiative investing, financial technology, financial engineering, global finance, corporate finance, law and economics, macro and microeconomics, and risk management.

Titles manage to balance quality of content with the increasing demand for a wider view of the vast array of topics in the field of Economics and Finance.

  • UK Accounting Standards

    A Quick Reference Guide
    • 1st Edition
    • Robert Kirk
    • English
    The pace of development in financial reporting has accelerated sharply during the last few years and shows no sign of abating as the UK prepares to comply with International Accounting Standards. This text gives accounting professionals an understanding of UK accounting standards and demonstrate how they are used in practice. It is the perfect companion for those who need to keep abreast of changes to accounting standards or who need to see how the standards are applied in practice.Accounting Standards includes:* Summaries outlining the principles behind UK accounting standards* Examples and extracts from well-known recent company accounts

  • The Management of Equity Investments

    • 1st Edition
    • Dimitris N. Chorafas
    • English
    The Management of Investments is based on an extensive research project done by the author in 2003 and 2004, in the United States, England, Germany, France, Italy and Switzerland.The author outlines the rules behind the able management of investments by private individuals, banks, and institutional investors. These rules are examined within the perspective of each entity's goals and challenges. Based on research results and on his own experience, the author demonstrates that shareholder value is usually being paid lip service. As far as investment results are concerned, there are serious risks associated to leveraging, near-sighted management, obsolescence of skills and dubious deals.But there are also investment rules which, when observed, help in avoiding the slippery path which ends with investors losing their capital. To help in explaining these rules, the book outlines the way capital markets work, equity research is done, and risks associated to biases. It also pays attention to forces propelling economic growth – or downturn. Growth is usually dictated by the customer, but the customer is influenced by market psychology, liquidity, volatility, and prospects of the product or financial instrument he contemplates to buy. Case studies on instruments in the book examine equities, interest rates and exchange rates. The text also analyzes the role played by hedge funds and their strategies, as well as risks associated to alternative investments.

  • Quantitative Finance for Physicists

    An Introduction
    • 1st Edition
    • Anatoly B. Schmidt
    • English
    With more and more physicists and physics students exploring the possibility of utilizing their advanced math skills for a career in the finance industry, this much-needed book quickly introduces them to fundamental and advanced finance principles and methods. Quantitative Finance for Physicists provides a short, straightforward introduction for those who already have a background in physics. Find out how fractals, scaling, chaos, and other physics concepts are useful in analyzing financial time series. Learn about key topics in quantitative finance such as option pricing, portfolio management, and risk measurement. This book provides the basic knowledge in finance required to enable readers with physics backgrounds to move successfully into the financial industry.

  • Understanding Credit Derivatives and Related Instruments

    • 1st Edition
    • Antulio N. Bomfim
    • English
    The global credit derivatives market is estimated to have grown from virtually nothing in the early 1990s to over $2 trillion dollars. Although still relatively young, the credit derivatives market has already developed to the point where one can characterize its evolution in terms of developments in its various segments, such as the market for single-name credit derivatives or the market for credit derivatives written on sovereign credits.Understandin... Credit Derivatives offers a comprehensive introduction to the credit derivatives market. Rather than presenting a highly technical exploration of the subject, it offers intuitive and rigorous summaries of the major subjects and the principal perspectives associated with them. The centerpiece is pricing and valuation issues, especially discussions of different valuation tools and their use in credit models.

  • Inequality: Structures, Dynamics and Mechanisms

    Essays in Honor of Aage B. Sorensen
    • 1st Edition
    • Volume 21
    • Arne L. Kalleberg + 3 more
    • English
    Aage Sorensen was an influential intellectual presence who was one of the world's leading authorities on social stratification and the sociology of education. His research sought to understand the structures, dynamics and mechanisms that underlie inequalities in industrial societies by focusing on how individuals' attainments are shaped by characteristics of a society's or organization's opportunity structure, on the one hand, and individuals' education, experience and other human capital resources, on the other. He emphasized inequalities associated with education and schooling, class, and stratification outcomes such as income and occupational status. Within these general foci, he tackled the study of phenomena as diverse as rates of learning in elementary school reading groups and promotion patterns in large industrial corporations. The chapters of this volume illustrate some of the major themes that characterized Aage's research; these topics are also likely to constitute important concerns for future efforts to understand structured social inequality in society. These themes include: the development of explicit dynamic models to account for observed patterns of education, career, and labor market outcomes; aspects of educational inequality such as school effects and learning opportunities; issues related to intragenerational mobility and careers; and the role of rents in generating structural inequality.

  • Profile of the International Valve Industry: Market Prospects to 2009

    • 1st Edition
    • Graham Weaver
    • English
    This revised and updated 3rd edition outlines the structure of the global industry and future trends, highlights issues facing the industrial valve industry, assesses market and technological trends, offers market figures and forecasts to 2009 and identifies the major players.The report also provides a detailed overview of merger and acquisition activity in the industrial valve industry since 2000.

  • Linear Factor Models in Finance

    • 1st Edition
    • John Knight
    • English
    The determination of the values of stocks, bonds, options, futures, and derivatives is done by the scientific process of asset pricing, which has developed dramatically in the last few years due to advances in financial theory and econometrics. This book covers the science of asset pricing by concentrating on the most widely used modelling technique called: Linear Factor Modelling.Linear Factor Models covers an important area for Quantitative Analysts/Investment Managers who are developing Quantitative Investment Strategies. Linear factor models (LFM) are part of modern investment processes that include asset valuation, portfolio theory and applications, linear factor models and applications, dynamic asset allocation strategies, portfolio performance measurement, risk management, international perspectives, and the use of derivatives. The book develops the building blocks for one of the most important theories of asset pricing - Linear Factor Modelling. Within this framework, we can include other asset pricing theories such as the Capital Asset Pricing Model (CAPM), arbitrage pricing theory and various pricing formulae for derivatives and option prices. As a bare minimum, the reader of this book must have a working knowledge of basic calculus, simple optimisation and elementary statistics. In particular, the reader must be comfortable with the algebraic manipulation of means, variances (and covariances) of linear combination(s) of random variables. Some topics may require a greater mathematical sophistication.

  • Pricing and Hedging Interest and Credit Risk Sensitive Instruments

    • 1st Edition
    • Frank Skinner
    • English
    This book is tightly focused on the pricing and hedging of fixed income securities and their derivatives. It is targeted at those who are interested in trading these instruments in an investment bank, but is also useful for those responsible for monitoring compliance of the traders such as regulators, back office staff, middle and senior lever managers. To broaden its appeal, this book lowers the barriers to learning by keeping math to a minimum and by illustrating concepts through detailed numerical examples using Excel workbooks/spreadshee... on a CD with the book. On the accompanying CD with the book, three interest rate models are illustrated: Ho and Lee, constant volatility and Black Derman and Toy, along with two evolutionary models, Vasicek and CIR and two credit risk models, Jarrow and Turnbull and Duffie and Singleton. These are implemented via spreadsheets on the CD.

  • International Funds

    A Practical Guide
    • 1st Edition
    • Catherine Turner
    • English
    International Funds will provide readers with:*A greater understanding of the benefits and limitations of funds to both retail and institutional investors*An easy-to-read, yet technically comprehensive, insight into fund structures *An overview of the variety of legal structures, regulatory categories and investment profiles available*A detailed understanding of the practical aspects of fund valuation and administration, and the role of the various practitioners*A view of the future of the international funds industry in the light of changing markets, regulation and investor appetite

  • Credit Risk Management

    • 1st Edition
    • Andrew Fight
    • English
    Credit Risk Management will enable general bankers, staff, and credit analyst trainees to understand the basic information and principles underlying credit risk evaluation, and to use those underlying principles to undertake an analysis of non financial and financial risks when preparing a credit proposal. Since the best loans are the ones that do not present problems during the repayment phase, the authors also focus on elements relating to the proactive management of those loans during their inception.This book introduces:*Credit analysis, approval and management processes*Concepts of financial and non-financial risk*Financial statement analysis, including the use of ratio anaylsis*Cash flow analysis and forecasting*Security enhancement & management procedures designed to legally & financially manage credit risk

Related subjects