This second edition provides a rigorous yet accessible graduate-level introduction to financial economics. Since students often find the link between financial

Financial economics, and the calculations of time and uncertainty derived from it, are playing an increasingly important role in non-finance areas, such as mone

Financial economics, and the calculations of time and uncertainty derived from it, are playing an increasingly important role in non-finance areas, such as mone

This second edition includes new chapters on infinite-time security markets and more focus on portfolio choice and risk allocations.

A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets. Commodities have become one of the fast