ECONOMICS OF CAPITAL MARKET
V SEMESTER B.A. ECONOMICS
The book, entitled “Economics of Capital Market”, written by Noushad Chengodan (Asst. Prof. in Economics, P.S.M.O. College, Tirurangadi), aims to serve as a concise text to the needs of the students of the University of Calicut under the Choice based Credit and Semester System (CCSS). Capital Markets play a pivotal role in fostering economic growth, promoting competition among financing sources and ensure greater efficiency in generating employment opportunities and in the transmission and implementation of macro-economic policies. This book contains four chapters; namely: Module – I: Financial System: Assets; Properties & Classification; Module – II: Capital Market: Structure; Functions and Instruments; Chapter – III: Primary Market: Methods; Functions and Intermediaries & Module – IV: Secondary Market / Stock Exchanges: Functions; Listing & Indices.