On the occasion of the International Day of Mathematics (IDM), we invite you to the lecture "Integrating Mathematics in Economics and Finance: Ideas for Reflection", which will be held by prof. Elisa Mastrogiacomo, Università dell'Insubria (Italy) on Thursday, March 13, 2025, starting at 3:14 p.m. in the Gray Hall.
The lecture will be held in English, and the expected duration is 60 minutes. The lecture is open to anyone interested, and we especially invite students.
Read more information about the lecture and the lecturer below.
The talk explores the pivotal role of mathematics in both fields, with a special emphasis on finance. We will begin by illustrating the evolution of mathematical methodologies that have shaped economic and financial systems, ranging from foundational theories to more contemporary quantitative approaches. We will then delve into financial systems, examining how mathematical models have facilitated risk assessment, pricing strategies, and market predictions. Additionally, we will try to highlight the limitations and challenges inherent in these mathematical frameworks, particularly their reliance on assumptions that may not hold true in real-world conditions. This session aims to stimulate a critical thinking about balancing mathematical rigor and practical application in finance, encouraging participants to reflect on both the strengths and weaknesses of mathematical modeling.
Prof. Elisa Mastrogiacomo graduated in Mathematics at the University of Trento, where she also obtained her PhD in Mathematics. She is currently a professor at the Faculty of Economics of the University of Insubria and the PhD coordinator of the Doctorate program in Methods and Models for Economic Decisions. She has extensive teaching experience at the bachelor’s, master’s and PhD levels. Her work focuses on stochastic differential equations, nonlinear optimization, and financial applications of probability theory.