Hendrik S. Houthakker is Professor of Economics at Harvard University. Peter J. Williamson is Dean of the MBA Program and Professor of Business Policy at the London School of Business.

This well-written book, while important to library collections, will probably best be used as supplemental readings for most courses in finance or financial economics....As the subject penetrates further into the liberal arts colleges, the Houthakker/Williamson approach may be more widely used. An excellent supplemental work for upper-division undergraduates and graduates.

• Introduction ; The Place of Financial Markets in the Economy ; The Supply of Securities ; The Demand for Securities ; Stock Trading and Market Efficiency ; The determination of Equity Prices ; Security Analysis ; Options on Option Pricing ; Futures Contracts and Futures Markets ; Regulation of Financial markets ; Future Prices

Hendrik S. Houthakker is Professor of Economics at Harvard University. Peter J. Williamson is Dean of the MBA Program and Professor of Business Policy at the London School of Business.

This well-written book, while important to library collections, will probably best be used as supplemental readings for most courses in finance or financial economics....As the subject penetrates further into the liberal arts colleges, the Houthakker/Williamson approach may be more widely used. An excellent supplemental work for upper-division undergraduates and graduates.

• Introduction ; The Place of Financial Markets in the Economy ; The Supply of Securities ; The Demand for Securities ; Stock Trading and Market Efficiency ; The determination of Equity Prices ; Security Analysis ; Options on Option Pricing ; Futures Contracts and Futures Markets ; Regulation of Financial markets ; Future Prices