The 17 equations that changed the course of history (spoiler alert: we use 4 of these equations in Finance 4366!)

I especially like the fact that Ian Stewart includes the famous Black-Scholes equation (equation #17) on his list of the 17 equations that changed the course of history; Equations (2), (3), (7), and (17) play particularly important roles in Finance 4366!

From Ian Stewart’s book, these 17 math equations changed the course of human history.

Calculus and Probability & Statistics recommendations…

Since most topics covered in Finance 4366 presuppose a fundamental understanding and facility with algebra, differential calculus, and probability & statistics, the second class meeting in the Spring 2024 semester will incorporate a mathematics tutorial. Subsequently, the third and fourth class meetings will delve into probability and statistics.

The Khan Academy is an exceptional online resource for revisiting or acquainting oneself with these concepts. Below are my recommendations for specific Khan Academy videos covering the following topics:

Lastly, if your algebra proficiency is somewhat rusty, I would also recommend exploring the Khan Academy’s algebra review for a comprehensive refresher.