| 摘要 | 第4-5页 |
| Abstract | 第5页 |
| 1 Introduction | 第8-12页 |
| 1.1 Background and significance of the study | 第8-10页 |
| 1.2 Aim of Study | 第10页 |
| 1.3 Statement and structure of the study | 第10-12页 |
| 2 Literature review and Foundations Theory | 第12-26页 |
| 2.1 Evaluotion of the mechanism of pricing the of oil market | 第12-16页 |
| 2.2 Theoretical and methodologycal aspects of the formation of word oil prices | 第16-23页 |
| 2.3 Interaction of world oil price and financial market | 第23-26页 |
| 3 Oil price volatility and Kazakhstan Finaucial Market | 第26-54页 |
| 3.1 Financial market and oil price volatility | 第26-39页 |
| 3.2 Analysis of methods and models Predict of world Prices in the financial market | 第39-42页 |
| 3.3 The structure of financial market of Republic of Kazakhstan | 第42-49页 |
| 3.4 Accessing the impact of oil prices on the exchange rate of the National Currency in theRepublic of Kazakhstan | 第49-54页 |
| 4 Data and methodology | 第54-65页 |
| 4.1 Source of date | 第54-56页 |
| 4.2 Methodology | 第56-60页 |
| 4.3 The APT Model: The ar bitrage Pricing theory | 第60-65页 |
| 5 Empirical Analysis | 第65-74页 |
| 5.1 Application of CAPM methodology in the oil market | 第65-68页 |
| 5.2 Application of APT models for evaluation financial assets of the Republie of Kazakhstan | 第68-71页 |
| 5.3 Applicability of APT model for modeling financial market | 第71-74页 |
| 6 Policy implieations of oil Price for Kazakhstan Financial Market Development | 第74-90页 |
| 6.1 Policy implications of oil price in Republic of Kazakhstan | 第74-77页 |
| 6.2 organization of Petroleum Exporting countries in 2017 | 第77-87页 |
| 6.3 OPEC forecast of oil increase in 2018 | 第87-90页 |
| Conclusions | 第90-91页 |
| Acknowledgement | 第91-92页 |
| References | 第92-95页 |
