Introduction to Financial Mathematics

City Essentials

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Price:
£25.00 (Printed Text)
             £15.00 (eBook - 15% print allowance)

ISBN: 9780751753936 (Printed Text)
            9780751797152  (eBook)  

Suitable for: Introduction to the main financial markets and the instruments that operate within them

Description:  This book provides an excellent introduction to the mathematical issues underlying investment and finance. It is assumed that you will already possess a basic understanding of mathematics, although it is appreciated that this may be a little rusty and so we will reintroduce you to the basic mathematical issues that you will need to rely on when developing the investment and finance ideas that form the core of this book.

All the techniques discussed are fully illustrated and performed manually. Although we recognised that modern calculators and spreadsheet programmes can undertake many of the mechanical processes for more efficiently, we also recognise that blindly punching numbers into a calculator or spreadsheet without understanding the ideas behind the maths is a recipe for misinterpretation, misunderstanding and mistakes. To minimise this possibility, the objective within each section is to explain the ideas being introduced and used and has been written as generally as possible so is independent to whatever support (calculator or spreadsheet) that you may be using.