Fluid mechanics theories 
& their relation/application to other fields
( Chaos, Order & Disorder, Fractals, Finance )

 Fluids surround us, and we are made of the fluids. That is well known fact. Fluid Mechanics science offers mathematical and numerical models, which describes the phenomena related to static, and dynamics of various fluids in different environments. 

 However, application of knowledge consolidated in fluid mechanics, is not necessarily limited by the physical boundaries of the fluid systems. Many mathematical methods used in other areas of interest were first found and implemented in fluid mechanics. More and more lately, it has been found that for many every – day – life events and responses, we can actually draw a parallel with some phenomena's occurring in fluid mechanics. 

Starting from obvious materialistic analogy, say for an example; a road stream of moving vehicles – observed from the distance undoubtedly remind of the fluid particles in the channel flow (and hence resulted in series of fluid - like traffic models). And than say, the ones invisible to bare eye such as; price changes in the share market. Even by listening to politicians (not that I recommend this dangerous exercise) we can hear new/modern phrases which came out directly from fluid mechanics. 

 Consequently, different episodes which occur in fluids in different circumstances, contribute to development and understanding of the chaos, and fractals; finding new ways, and views; comprehending incomprehensible in, medicine, ecology, economy, geography…and so on. 
Cascade energy transmittal from large to small vortices in turbulence (interaction only between vortices of incomparable dimensions) is very similar to classic applications of fractals. One of the analogies is formation of the water flows of fractal type almost exactly (say arial view of the great Amazon River), or lungs, and circulatory system in mammals/humans. 

 The list - is long. 

 
 
Finance 

 Is one of the fastest developing areas in modern banking and corporate world,  which provides a requirement for new mathematical models and methods. Of course, the future value of asset prices cannot be modelled with certainty, but with a particular degree of randomness ...

Transparencies: 
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Chaos & Fractals



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