Cover of Thorsten Hens, Sabine Elmiger: Economic Foundations for Finance

Thorsten Hens, Sabine Elmiger Economic Foundations for Finance

From Main Street to Wall Street

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Springer International Publishing

2019

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978-3-030-05427-4

3-030-05427-6

Annotation

This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households' side or the firms' side.

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