ec4024 2008 lecture2

8
EC4024 Lecture 2 Data and Terminology

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Page 1: EC4024 2008 Lecture2

EC4024Lecture 2 Data and Terminology

Page 2: EC4024 2008 Lecture2

What is Financial Economics?Time & Risk

Markets & ArbitrageEquilibrium

Page 3: EC4024 2008 Lecture2

But First...

Page 4: EC4024 2008 Lecture2

Money

Page 5: EC4024 2008 Lecture2

50 100 150 200Quantity of items

20

40

60

80

100Price in !

Also:

Page 6: EC4024 2008 Lecture2

Handout

Page 7: EC4024 2008 Lecture2

Mini Presentations

Page 8: EC4024 2008 Lecture2

Next Week

Read Pilbeam, Cht. 1

Check www.stephenkinsella.net