Dec 30, 2024  
2014-2015 Undergraduate Catalog 
    
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2014-2015 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ECON 484X - Financial Derivatives

Crosslisted with 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