Mathematical Methods and Quantum Mathematics for Economics and Finance - Hardcover

Baaquie, Belal Ehsan

 
9789811566103: Mathematical Methods and Quantum Mathematics for Economics and Finance
Hardcover
ISBN 10: 9811566100 ISBN 13: 9789811566103
Verlag: Springer, 2020

Inhaltsangabe

Given the rapid pace of development in economics and finance, a concise and up-to-date introduction to mathematical methods has become a prerequisite for all graduate students, even those not specializing in quantitative finance. This book offers an introductory text on mathematical methods for graduate students of economics and finance–and leading to the more advanced subject of quantum mathematics.
 
The content is divided into five major sections: mathematical methods are covered in the first four sections, and can be taught in one semester. The book begins by focusing on the core subjects of linear algebra and calculus, before moving on to the more advanced topics of probability theory and stochastic calculus. Detailed derivations of the Black-Scholes and Merton equations are provided – in order to clarify the mathematical underpinnings of stochastic calculus. Each chapter of the first four sections includes a problem set, chiefly drawn from economicsand finance.
  
In turn, section five addresses quantum mathematics. The mathematical topics covered in the first four sections are sufficient for the study of quantum mathematics; Black-Scholes option theory and Merton’s theory of corporate debt are among topics analyzed using quantum mathematics.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Über die Autorin bzw. den Autor

Prof. Belal Ehsan Baaquie holds a B.S. in Physics from Caltech and a Ph.D. in Theoretical Physics from Cornell University, USA. His main research interest is in the study and application of mathematical methods from quantum field theory. He has applied the mathematical formalism of field theory to finance and been a major contributor to the emerging field of quantum finance. His current focus is on developing the formalism of quantum finance and applying it to option pricing, corporate coupon bonds, and the theory of interest rates, as well as the study of equity, foreign exchange, and commodities. He is also applying methodologies from statistical mechanics and quantum field theory to the study of microeconomics and macroeconomics.

Von der hinteren Coverseite

Given the rapid pace of development in economics and finance, a concise and up-to-date introduction to mathematical methods has become a prerequisite for all graduate students, even those not specializing in quantitative finance. This book offers an introductory text on mathematical methods for graduate students of economics and finance–and leading to the more advanced subject of quantum mathematics.
 
The content is divided into five major sections: mathematical methods are covered in the first four sections, and can be taught in one semester. The book begins by focusing on the core subjects of linear algebra and calculus, before moving on to the more advanced topics of probability theory and stochastic calculus. Detailed derivations of the Black-Scholes and Merton equations are provided – in order to clarify the mathematical underpinnings of stochastic calculus. Each chapter of the first four sections includes a problem set, chiefly drawn from economicsand finance.
  
In turn, section five addresses quantum mathematics. The mathematical topics covered in the first four sections are sufficient for the study of quantum mathematics, and the topics covered focus on analyzing Black-Scholes option theory and Merton’s theory of corporate debt.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
Springer
Erscheinungsdatum
2020
Sprache
Englisch
ISBN 10 
9811566100
ISBN 13 
9789811566103
Einband
Gebundene Ausgabe
Auflage
1
Anzahl der Seiten
455
Kontakt zum Hersteller
ProductSafety@springernature.com
ProductSafety@springernature.com

Poststr. 9
Darmstadt
64293
Deutschland

Weitere beliebte Ausgaben desselben Titels

9789811566134: Mathematical Methods and Quantum Mathematics for Economics and Finance

Vorgestellte Ausgabe

ISBN 10:  9811566135 ISBN 13:  9789811566134
Verlag: Springer, 2021
Softcover