An Introduction To Derivative Securities Financial Markets And Risk Management 2nd Edition 2nd Edition Robert Jarrow by Robert Jarrow, Arkadev Chatterjea 9781944659554, 1944659552 instant download after payment.

With its economics perspective, this rewritten and streamlined second edition textbook, is closely connected to real markets, and:

• Shows how macroeconomic forces have shaped the markets
• Explains the major derivative pricing models using algebra and introductory calculus
• Shows students how to implement these models using basic statistics and elementary Excel spreadsheet skills
• Discusses the uses of derivatives while warning against their abuses
• Presents hard-to-teach interest rate derivatives in an intuitive manner
Presents the Heath Jarrow Morton model, which is the most advanced derivatives pricing model, in an accessible manner by presenting it side-by-side with classical option pricing theory

Readership: Undergraduate and graduate students of economics, business, arts, science and engineering, and MBAs who would work in the finance industry.