Description
Now in its fifth edition, Finance: The Basics is a clear and practical introduction to the world of finance. It thoroughly explains essential financial statements, tools and concepts; fundamental financial instruments and transactions; and global financial participants, markets and systems. This fully revised edition captures the most important aspects of a changing financial landscape. Key features include:• Extensive updates to the chapters on digital assets/currencies, derivatives, financial participants and the evolving financial ecosystem• New examples on topics such as 0DTE options, perpetual futures, LBO structuring, and token capital raising• A brand new chapter on artificial intelligence in finance, including an overview on AI architecture, applications, and AI-driven business benefits and challenges• New ‘Finance in Action’ case studies on topics such as real-world asset tokenisation, private equity, private credit, prediction markets and digital bonds• A comprehensive glossary containing key terms discussed in the book• Supplemental digital resources, including PowerPoints for instructors and a test bank of questions for students. Each chapter is accompanied by an overview and summary, illustrations and tables, real-life case studies, study questions and recommended readings. Finance: The Basics is essential reading for anyone interested in the fascinating world of finance.