London, United Kingdom

Mathematics Statistics and Financial Economics

Bachelor's
Language: EnglishStudies in English
Subject area: mathematics and statistics
Qualification: BSc
Kind of studies: full-time studies
Bachelor of Science (BSc)
University website: www.qmul.ac.uk
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Financial Economics
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing (or "investment theory") and corporate finance; the first being the perspective of providers of capital, i.e. investors, and the second of users of capital.
Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Statistics
Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, for example, a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. See glossary of probability and statistics.
Economics
Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.
Joseph Schumpeter, History of Economic Analysis, 1945. p. 27
Statistics
To understand God's thoughts we must study statistics, for these are the measure of his purpose.
Florence Nightingale, quoted in Karl Pearson, Life of Francis Galton, vol.II, ch.xiii, sect.i
Economics
Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.
Thomas Paine, Agrarian Justice (1795–1796).
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