What they are: A logarithm is the exponent you raise a base to in order to get a number, acting as the inverse of exponentiation. Why they matter: They simplify multiplication, division, and roots ...

It’s July 20, 1969. Neil Armstrong and Buzz Aldrin are about to land on the moon. They will be the first humans to set foot ...

What is calculus: It’s the study of change and motion, split into differential (rates of change) and integral (accumulation) branches. Where it’s used: From physics and engineering to economics, ...

The "prisoner's dilemma" is one of the most famous ideas in game theory. For decades, this game has been used to explain why selfishness often beats cooperation. In the prisoner's dilemma, two players ...

Mathematics and computing is the study and analysis of abstract concepts, such as numbers and patterns. Mathematics is the language of choice for scientifically describing and modelling the universe ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. SAUL LOEB/AFP ...