Finance: The Basicsis a clear and practical introduction to the world of finance, allowing the reader to grasp relevant financial concepts and apply them to daily activities and studies. This fully revised and updated edition captures the most important aspects of a changing financial landscape, incorporating new and expanded sections on: Behavioral finance, securitization and financial crises Risk management, including loss control, loss financing and risk reduction Investment management, including conventional asset management, alternatives and private wealth. Illustrated throughout with timely, real-world examples and case studies, Finance: The Basicscontains useful equations, statistics and suggestions for further reading. It is ideal for anyone looking for a straightforward but comprehensive guide to the key elements of finance.