An undergraduate introduction to financial mathematics / J. Robert Buchanan.
Material type: TextPublisher: New Jersey : World Scientific Publishing, 2006Description: xiii, 270 pages : illustrations ; 24 cmContent type:- text
- unmediated
- volume
- 9812566376
- 9789812566379
- 330.01513 22
- HF5691 .B875 2006
Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Book | City Campus City Campus Main Collection | 330.01513 BUC (Browse shelf(Opens below)) | 1 | Available | A371120B |
Browsing City Campus shelves, Shelving location: City Campus Main Collection Close shelf browser (Hides shelf browser)
330.0151 MOU Quantitative methods for business and economics / | 330.0151 WHI Do the math! : on growth, greed, and strategic thinking / | 330.015118 KIM State-space models with regime switching : classical and Gibbs-sampling approaches with applications / | 330.01513 BUC An undergraduate introduction to financial mathematics / | 330.01513 VOH Advanced mathematical economics / | 330.01515 LOV Economics with calculus / | 330.01519 OK Real analysis with economic applications / |
Includes bibliographical references (pages 265-266) and index.
1. The theory of interest -- 2. Discrete probability -- 3. Normal random variables and probability -- 4. The arbitrage theorem -- 5. Random walks and Brownian motion -- 6. Options -- 7. Solution of the Black-Scholes equation -- 8. Derivatives of Black-Scholes option prices -- 9. Hedging -- 10. Optimizing portfolios -- App. A. Sample stock market data.
"This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three or four semester sequence of calculus courses. It introduces the theory of interest, random variables and probability, stochastic processes, arbitrage, option pricing, hedging, and portfolio optimization. The student progresses from knowing only elementary calculus to understanding the derivation and solution of the Black-Scholes partial differential equation and its solutions. This is one of the few books on the subject of financial mathematics which is accessible to undergraduates having only a thorough grounding in elementary calculus. It explains the subject matter without "hand waving" arguments and includes numerous examples. Every chapter concludes with a set of exercises which test the chapter's concepts and fill in details of derivations."--BOOK JACKET.
Machine converted from AACR2 source record.
There are no comments on this title.