Course Schedule and Catalog
Course Schedule - Spring Semester 2009
Meeting location information can now be found on student schedules in ESTHER (for students) or on the Course Roster in ESTHER (for faculty and instructors).Additional information available here.
Meeting location information can now be found on student schedules in ESTHER (for students) or on the Course Roster in ESTHER (for faculty and instructors).Additional information available here.
ECON 524 001 (CRN: 22034)
BASICS/FINANCIAL ENGINEERING
Long Title: BASIC FINANCIAL ENGINEERING
Department: Economics
Instructor: Hamidieh, Kam
Meeting: 1:00PM - 1:50PM MWF (5-JAN-2009 - 17-APR-2009)
Part of Term: Full Term
Grade Mode: Standard Letter
Course Type: Lecture
Method of Instruction: Face to Face
Credit Hours: 5
Course Syllabus:
Section Max Enrollment: 50
Section Enrolled: 5
Enrollment data as of: 13-MAY-2024 8:22PM
Final Exam: Scheduled Final Exam-OTR Room
Description: Financial engineers design and analyze products that improve the efficiency of markets and create mechanisms for reducing risk. This course introduces the basics of financial engineering: the notions of arbitrage and risk-neutral probability measure are developed in the case of discrete models; Black-Scholes theory is introduced in continuous-time models, and interest rate derivatives and the term structure of interest rates are discussed. Stochastic processes, Ito calculus and diffusion models are used as basic analytical tools. Statistical methodologies to estimate and test the models commonly used in finance and financial engineering are also introduced.