You are here

Elementary Calculus of Financial Mathematics

A. J. Roberts
Publisher: 
SIAM
Publication Date: 
2009
Number of Pages: 
128
Format: 
Paperback
Series: 
Mathematical Modeling and Computation
Price: 
59.00
ISBN: 
9780898716672
Category: 
Textbook
[Reviewed by
Elias S. W. Shiu
, on
04/14/2009
]

This book’s title does not really convey the book’s contents. It is more about stochastic calculus of diffusion processes than about financial mathematics. It is full of nice color graphics. It has four chapters and two appendices. 

The mathematics in this book is not elementary. I cannot agree with the statement on its back cover that “[t]his book introduces the fascinating area of financial mathematics and its calculus in an accessible manner geared toward undergraduate students.”


Elias S. W. Shiu is Principal Financial Group Foundation Professor of Actuarial Science at the University of Iowa. He is an Editor for Insurance: Mathematics and Economics and a Co-Editor for the North American Actuarial Journal.