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Financial Analytics: Science and Experience
 

Using of differential equations for the financial mathematics problems solution

Vol. 7, Iss. 20, MAY 2014

Available online: 4 June 2014

Subject Heading: MATHEMATICAL METHODS OF ANALYSIS

JEL Classification: 

Pages: 58-64

Kirillov Iu.V. Novosibirsk State Technical University, Novosibirsk, Russian Federation
kirillov_yu@ngs.ru

Nazimko E.N. Novosibirsk Humanitarian Institute, Novosibirsk, Russian Federation
enn2003@yandex.ru

The article discusses how to use the differential equations apparatus for the solution of financial mathematics problems in comparison with the decisions received on the basis of application of traditional economic methods. The authors also demonstrate equivalence of the obtained results and an advantage of using the differential equations in comparison with the differential equations application for the same purposes.

Keywords: differential equations, task, financial mathematics, dynamics, financial process

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