This second part completes the presentation of the main sections of the so-called classical financial mathematics, started earlier in the first part. More precisely, it represents that part of it where elements of probability theory are used. However, the goal is the same: to acquaint young people with an elementary theory that offers practical recommendations for solving a wide variety of problems in the life around us. Much in the book should be understandable to inquisitive schoolchildren, although it is mainly intended for university students with significant mathematical training. This means that the entire book is intended for teachers, bank employees, business school students, and professional participants in the securities market.
To cite this article
Zhulenev S.V. Financial mathematics. Introduction to classical theory. Part 2. – M.: Moscow University Publishing House, 2012. – 432 p.
This second part completes the presentation of the main sections of the so-called classical financial mathematics, started earlier in the first part. More precisely, it represents that part of it where elements of probability theory are used. However, the goal is the same: to acquaint young people with an elementary theory that offers practical recommendations for solving a wide variety of problems in the life around us. Much in the book should be understandable to inquisitive schoolchildren, although it is mainly intended for university students with significant mathematical training. This means that the entire book is intended for teachers, bank employees, business school students, and professional participants in the securities market.
For citations
Zhulenev S.V. Financial mathematics. Introduction to classical theory. Part 2. – M.: Moscow University Publishing House, 2012. – 432 p.