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Economic explanation of stock prices

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Prashanth Perumal posted on Thu, Jan 31 2013 10:49 PM

Are there economics books that deal with the subject of how stocks are priced? Thanks!

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supply and demand?

inflation/deflation of currency, conumser spending?

 

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Yes.  You're welcome!

 

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Sorry for being unclear. What I actually wanted to know was, about works explaining the intrinsic value (towards which stock prices gravitate eventually) of stocks from an economic perspective. Any idea?

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Not a book, but gives a lot of pointers: http://en.wikipedia.org/wiki/Fundamental_analysis

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Prashanth Perumal:
Sorry for being unclear. What I actually wanted to know was, about works explaining the intrinsic value (towards which stock prices gravitate eventually) of stocks from an economic perspective. Any idea?

You want an explanation of the "intrinsic value of stocks"?

See here:

http://wiki.mises.org/wiki/Value

http://wiki.mises.org/wiki/Subjective_theory_of_value#Links

 

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Someone's angry at something...

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