Microfinance

Author: Wang Guolin
Publisher:
Publish Date: 2007-01-01
Features: Microfinance theory and macrofinance theory together form the fundamental theoretical basis of finance. Microfinance focuses on the analysis and research of investor behavior, intermediary behavior, and financing behavior, with asset pricing and portfolio analysis as key points. It applies both qualitative and quantitative methods, combined with computer techniques, to solve the pricing problems of securities and derivatives. This book keeps pace with the international trend of finance moving towards micro-level and practical applications, drawing on the academic ideas of excellent similar textbooks. It takes the pricing of financial assets and derivatives as the main thread, emphasizes quantitative analysis, fully elaborates on the basic principles of financial economics, and is accompanied by exercises and cases, with a complete structure. The academic value of this book is mainly reflected in the construction of financial entities, the theoretical analysis of asset pricing, modeling, and application. This book can be used as a textbook for undergraduate and graduate students majoring in finance, and can also be used as a reference for cadres in financial institutions and business management personnel in enterprises.