2UIUC%20FIN%20300%20Newtons%20Laws-3%20FA09

2UIUC%20FIN%20300%20Newtons%20Laws-3%20FA09 - UNIVERSITY OF...

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Unformatted text preview: UNIVERSITY OF ILLINOIS College of Business - Department of Finance - Finance 300 (Financial Markets) Professor James Jackson Email: See Compass Newtons Laws of Motion Newton's laws of motion are three physical laws which provide relationships between the forces acting on a body and the motion of the body. They were first compiled by Sir Isaac Newton in his work Philosophiae Naturalis Principia Mathematica, first published on July 5, 1687. The laws form the basis for classical mechanics and Newton himself used them to explain many results concerning the motion of physical objects.[1] In the third volume of the text, Newton showed that these laws of motion, combined with his law of universal gravitation, explained Kepler's laws of planetary motion. Newton's laws of motion describe the acceleration of massive particles. In modern language, the laws may be stated as: First Law It is possible to select a set of reference frames, called inertial reference frames, observed from which a particle moves without any change in velocity if no net force acts on it. This law is often simplified into the particle moves without any change in velocity if no net force acts on it....
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