Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics. In this book the ...
Drawing from a wide variety of mathematical subjects, this book aims to show how mathematics is realised in practice in the everyday world. Dozens of applications are used to show that applied mathematics is much more than a series of academic calculations. Mathematical topics covered include distributions, ordinary and partial differential ...
Partial differential equations (PDEs) are a central concept in mathematics. Their power lies in their universality: there is a huge and ever-growing range of real-world phenomena to which they can be applied, from fluid mechanics and electromagnetism to probability and finance. This is an enthusiastically and clearly written guide to the theory ...
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