Given the rapid pace of development in economics and finance, a concise and up-to-date introduction to mathematical methods has become a prerequisite for all graduate students, even those not specializing in quantitative finance. This book offers an introductory text on mathematical methods for graduate students of economics and finance-and leading to the more advanced subject of quantum mathematics. The content is divided into five major sections: mathematical methods are covered in the first four sections, and can be taught in one semester. The book begins by focusing on the core subjects of linear algebra and calculus, before moving on to the more advanced topics of probability theory and stochastic calculus. Detailed derivations of the Black-Scholes and Merton equations are provided - in order to clarify the mathematical underpinnings of stochastic calculus. Each chapter of the first four sections includes a problem set, chiefly drawn from economics and finance. In turn, section five addresses quantum mathematics. The mathematical topics covered in the first four sections are sufficient for the study of quantum mathematics; Black-Scholes option theory and Merton's theory of corporate debt are among topics analyzed using quantum mathematics.

This book presents various theories and algorithms to create a quantum computer. The concept of the classical and quantum computers, and the concept of circuits and gates are reviewed. The example of the Deutsch and the Deutsch-Josca algorithm is discussed to illustrate some key features of quantum computing. The Grover algorithm, considered to be of major milestone of the subject, is discussed in detail to exemplify the techniques used in computer algorithms. The role of quantum superposition (also called quantum parallelism) and of quantum entanglement is discussed in order to understand the key advantages of a quantum over a classical computer.

Given the rapid pace of development in economics and finance, a concise and up-to-date introduction to mathematical methods has become a prerequisite for all graduate students, even those not specializing in quantitative finance. This book offers an introductory text on mathematical methods for graduate students of economics and finance-and leading to the more advanced subject of quantum mathematics. The content is divided into five major sections: mathematical methods are covered in the first four sections, and can be taught in one semester. The book begins by focusing on the core subjects of linear algebra and calculus, before moving on to the more advanced topics of probability theory and stochastic calculus. Detailed derivations of the Black-Scholes and Merton equations are provided - in order to clarify the mathematical underpinnings of stochastic calculus. Each chapter of the first four sections includes a problem set, chiefly drawn from economics and finance. In turn, section five addresses quantum mathematics. The mathematical topics covered in the first four sections are sufficient for the study of quantum mathematics; Black-Scholes option theory and Merton's theory of corporate debt are among topics analyzed using quantum mathematics.

The primary aim of this book to understand, from an unbiased point of view, the ground-breaking paradigms and policies that have powered China's remarkable rise: from an agricultural society to an industrial powerhouse and a leading nation in a span of merely forty years from 1979 to 2019. The book covers the rise of China up to 2019 and is divided into five parts. The first part takes a strategic view of China's rise, the second part provides a quantitative assessment of China's rise using macroeconomic indicators; the third part provides a historical background of modern China, starting from the unification of China in 221 BC to the rise to power of the Communist Party of China, leading to the establishment of the People's Republic of China in 1949. The fourth part analyses China's governance as well as its economic system and lastly, part five summarizes China's rise and the paradigms that powered this rise.

The Conference on Quantum Mechanics, Elementary Particles, Quantum Cosmology and Complexity was held in honour of Professor Murray Gell-Mann's 80th birthday in Singapore on 24-26 February 2010. The conference paid tribute to Professor Gell-Mann's great achievements in the elementary particle physics.This notable birthday volume contains the presentations made at the conference by many eminent scientists, including Nobel laureates C N Yang, G 't Hooft and K Wilson. Other invited speakers include G Zweig, N Samios, M Karliner, G Karl, M Shifman, J Ellis, S Adler and A Zichichi.About Murray Gell-MannMurray Gell-Mann, born September 15, 1929, won the 1969 Nobel Prize in physics for his work on the theory of elementary particles.His contributions span the entire history of particle physics, from the early days of the particle zoo to the modern day QCD. Along the way, even as he proposed new quantum numbers to bring order into the zoo, he had fun in naming them. And thus was born Strangeness, Flavor, Hadrons, Baryons, Leptons, the Eightfold Way, Color, Quarks, Gluons and, with Harald Fritzsch, the standard field theory of strong interactions, Quantum Chromodynamics (QCD).He also proposed with Richard Feynman the V-A theory of beta decay. Gell-Mann discovered the Current Algebra, proposed (with Levy) the sigma model of pions and the see-saw mechanism for the neutrino masses.

Quantum Chromodynamics is the theory of strong interactions: a quantum field theory of colored gluons (Yang-Mills gauge fields) coupled to quarks (Dirac fermion fields). Lattice gauge theory is defined by discretizing spacetime into a four-dimensional lattice - and entails defining gauge fields and Dirac fermions on a lattice. The applications of lattice gauge theory are vast, from the study of high-energy theory and phenomenology to the numerical studies of quantum fields.Lattice Quantum Field Theory of the Dirac and Gauge Fields: Selected Topics examines the mathematical foundations of lattice gauge theory from first principles. It is indispensable for the study of Dirac and lattice gauge fields and lays the foundation for more advanced and specialized studies.

An introduction to how the mathematical tools from quantum field theory can be applied to economics and finance, providing a wide range of quantum mathematical techniques for designing financial instruments. The ideas of Lagrangians, Hamiltonians, state spaces, operators and Feynman path integrals are demonstrated to be the mathematical underpinning of quantum field theory, and which are employed to formulate a comprehensive mathematical theory of asset pricing as well as of interest rates, which are validated by empirical evidence. Numerical algorithms and simulations are applied to the study of asset pricing models as well as of nonlinear interest rates. A range of economic and financial topics are shown to have quantum mechanical formulations, including options, coupon bonds, nonlinear interest rates, risky bonds and the microeconomic action functional. This is an invaluable resource for experts in quantitative finance and in mathematics who have no specialist knowledge of quantum field theory.

'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted genius to condensed matter physics as well as nuclear and elementary particle physics.'by Murray Gell-MannThe purpose of bringing out this volume is to commemorate the memory of Ken Wilson and to preserve the legacy of his ground-breaking advances. This volume brings together a collection of articles written by colleagues of Ken Wilson as well as fellow physicists and scholars - some of who knew him personally and others who are knowledgeable about his sterling contributions to the foundations of theoretical physics.To commemorate the memory of Ken Wilson, many leading and illustrious physicists have contributed to this volume - Ian Affleck, Belal E Baaquie, Ken Bowler, Edouard Brezin, Tohru Eguchi, Michael E Fisher, Paul Ginsparg, Domenico Giuliano, Stanislaw Glazek, Bailin Hao, Kerson Huang, Roman Jackiw, Richard Kenway, H R Krishnamurthy, N D Mermin, Stuart Pawley, Michael Peskin, Alexander Polyakov, John Schwarz, R Shankar, Akira Ukawa, David Wallace, Franz Wegner, Steven Weinberg, and Anthony Zee.

'Kenneth Wilson was a brilliant and creative contributor to the work on renormalization groups and phase transitions. He applied his multifaceted genius to condensed matter physics as well as nuclear and elementary particle physics.'by Murray Gell-MannThe purpose of bringing out this volume is to commemorate the memory of Ken Wilson and to preserve the legacy of his ground-breaking advances. This volume brings together a collection of articles written by colleagues of Ken Wilson as well as fellow physicists and scholars - some of who knew him personally and others who are knowledgeable about his sterling contributions to the foundations of theoretical physics.To commemorate the memory of Ken Wilson, many leading and illustrious physicists have contributed to this volume - Ian Affleck, Belal E Baaquie, Ken Bowler, Edouard Brezin, Tohru Eguchi, Michael E Fisher, Paul Ginsparg, Domenico Giuliano, Stanislaw Glazek, Bailin Hao, Kerson Huang, Roman Jackiw, Richard Kenway, H R Krishnamurthy, N D Mermin, Stuart Pawley, Michael Peskin, Alexander Polyakov, John Schwarz, R Shankar, Akira Ukawa, David Wallace, Franz Wegner, Steven Weinberg, and Anthony Zee.

'Why'? Why is the world, the Universe the way it is? Is space infinitely large? How small is small? What happens when one continues to divide matter into ever smaller pieces? Indeed, what is matter? Is there anything else besides what can be seen? Pursuing the questions employing the leading notions of physics, one soon finds that the tangible and visible world dissolves - rather unexpectedly - into invisible things and domains that are beyond direct perception. A remarkable feature of our Universe is that most of its constituents turn out to be invisible, and this fact is brought out with great force by this book.Exploring the Invisible Universe covers the gamut of topics in advanced modern physics and provides extensive and well substantiated answers to these questions and many more. Discussed in a non-technical, yet also non-trivial manner, are topics dominated by invisible things - such as Black Holes and Superstrings as well as Fields, Gravitation, the Standard Model, Cosmology, Relativity, the Origin of Elements, Stars and Planetary Evolution, and more. Just giving the answer, as so many books do, is really not telling anything at all. To truly answer the 'why' questions of nature, one needs to follow the chain of reasoning that scientists have used to come to the conclusions they have. This book does not shy away from difficult-to-explain topics by reducing them to one-line answers and power phrases suitable for a popular talk show. The explanations are rigorous and straight to the point. This book is rarely mathematical without being afraid, however, to use elementary mathematics when called for. In order to achieve this, a large number of detailed figures, specially developed for this book and found nowhere else, convey insights that otherwise might either be inaccessible or need lengthy and difficult-to-follow explanations.After Exploring the Invisible Universe, a reader will have a deeper insight into our current understanding of the foundations of Nature and be able to answer all the questions above and then some. To understand Nature and the cutting edge ideas of contemporary physics, this is the book to have.

'Why'? Why is the world, the Universe the way it is? Is space infinitely large? How small is small? What happens when one continues to divide matter into ever smaller pieces? Indeed, what is matter? Is there anything else besides what can be seen? Pursuing the questions employing the leading notions of physics, one soon finds that the tangible and visible world dissolves - rather unexpectedly - into invisible things and domains that are beyond direct perception. A remarkable feature of our Universe is that most of its constituents turn out to be invisible, and this fact is brought out with great force by this book.Exploring the Invisible Universe covers the gamut of topics in advanced modern physics and provides extensive and well substantiated answers to these questions and many more. Discussed in a non-technical, yet also non-trivial manner, are topics dominated by invisible things - such as Black Holes and Superstrings as well as Fields, Gravitation, the Standard Model, Cosmology, Relativity, the Origin of Elements, Stars and Planetary Evolution, and more. Just giving the answer, as so many books do, is really not telling anything at all. To truly answer the 'why' questions of nature, one needs to follow the chain of reasoning that scientists have used to come to the conclusions they have. This book does not shy away from difficult-to-explain topics by reducing them to one-line answers and power phrases suitable for a popular talk show. The explanations are rigorous and straight to the point. This book is rarely mathematical without being afraid, however, to use elementary mathematics when called for. In order to achieve this, a large number of detailed figures, specially developed for this book and found nowhere else, convey insights that otherwise might either be inaccessible or need lengthy and difficult-to-follow explanations.After Exploring the Invisible Universe, a reader will have a deeper insight into our current understanding of the foundations of Nature and be able to answer all the questions above and then some. To understand Nature and the cutting edge ideas of contemporary physics, this is the book to have.

The Conference on Quantum Mechanics, Elementary Particles, Quantum Cosmology and Complexity was held in honour of Professor Murray Gell-Mann's 80th birthday in Singapore on 24-26 February 2010. The conference paid tribute to Professor Gell-Mann's great achievements in the elementary particle physics.This notable birthday volume contains the presentations made at the conference by many eminent scientists, including Nobel laureates C N Yang, G 't Hooft and K Wilson. Other invited speakers include G Zweig, N Samios, M Karliner, G Karl, M Shifman, J Ellis, S Adler and A Zichichi.About Murray Gell-MannMurray Gell-Mann, born September 15, 1929, won the 1969 Nobel Prize in physics for his work on the theory of elementary particles.His contributions span the entire history of particle physics, from the early days of the particle zoo to the modern day QCD. Along the way, even as he proposed new quantum numbers to bring order into the zoo, he had fun in naming them. And thus was born Strangeness, Flavor, Hadrons, Baryons, Leptons, the Eightfold Way, Color, Quarks, Gluons and, with Harald Fritzsch, the standard field theory of strong interactions, Quantum Chromodynamics (QCD).He also proposed with Richard Feynman the V-A theory of beta decay. Gell-Mann discovered the Current Algebra, proposed (with Levy) the sigma model of pions and the see-saw mechanism for the neutrino masses.