A mathematical model of blood flow through an arterial vessel is presented and the wave propagation in it is studied numerically. Based on the assumption of long wavelength and small amplitude of the pressure waves, a quasi-one-dimensional (1D) differential model is adopted. It describes the non-linear fluid-wall interaction and includes wall deformation in both radial and axial directions. The 1D model is coupled with a six compartment lumped parameter model, which accounts for the global circulatory features and provides boundary conditions. The differential equations are first linearized to investigate the nature of the propagation phenomena. The full non-linear equations are then approximated with a numerical finite difference method on a staggered grid. †For a viscous fluid, Some numerical simulations show the characteristics of the wave propagation. The dependence of the flow, of the wall deformation and of the wave velocity on the elasticity parameter has been highlighted. The importance of the axial deformation is evidenced by its variation in correspondence of the pressure peaks. The wave disturbances consequent to a local stiffening of the vessel and to a compliance jump due to prosthetic implantations are finally studied.