Course Schedule and Catalog

Long Title: MARKET MODELS

Department: Statistics

Grade Mode: Standard Letter

Course Type: Laboratory

Credit Hours: 3

Prerequisite(s): STAT 310 OR STAT 307 OR ECON 382 OR STAT 331 OR STAT 312 OR (STAT 312 AND STAT 340) OR (STAT 331 AND STAT 340)

Description: This course takes the classical efficient market models and superimposes upon it models for other stochastic phenomena not generally accounted for in efficient market theory, showing how risk is lessened by portfolios and other mechanisms. The course uses computer simulations as an alternative to closed form solutions. Graduate/Undergraduate Equivalency: STAT 686. Mutually Exclusive: Cannot register for STAT 486 if student has credit for STAT 686.