Course Schedule and Catalog

Department: Economics

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 3

Prerequisite(s): ECON 400 OR STAT 421 AND STAT 431 AND MATH 221 AND MATH 222

Description: BASICS OF FINANCIAL ENGINEERING ***** The course will cover the following: mathematical background for continuous time stochastic modeling in finance and financial engineering; statistical methodologies to estimate and test the models commonly used in finance and financial engineering; and applications which all include, Black-Scholes option pricing and term structure models for interest rates. ***** Prerequisites: ECON 400 or STAT 421 and 431 or equivalent; and MATH 221 and 222, or equivalencies.