Intermediate Financial Theory

Intermediate Financial Theory, Fourth Edition

provides an updated and thorough explanation of basic financial concepts, in a manner accessible both to those new to the subject and to those without a deep background in advanced mathematics.

It is ideal for students with a background in Economics who are looking for an accessible yet rigorous introduction to financial theory beyond basic MBA-level textbooks.

While not as dense as highly technical Ph.

D.

presentations tend to be, this valuable text seeks rather to integrate academic expertise with real-world experience from leading experts in the field.

The fourth edition has been fully updated and is supplemented by extensive online resources.