Sep 20, 2020  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ECON 484X - Financial Derivatives


Crosslisted as STAT 484. Review of financial derivatives including futures, European and American options, Exotic options. Greeks, trading and hedging strategies. Pricing derivative security with appropriate boundary conditions, including Black-Scholes formula, binomial trees, lattice models and finite difference methods. Simulation and variance reduction techniques. Interest rate models.

Prerequisites & Notes
PRQ: STAT 483 or consent of department.

Credits: 3