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.
General
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