Brief Course Description
1. Course Title:
(EN) Stochastic Models And Application
2. Language of Instruction:
English
3. Course Code:
MAT608011
4. Credits:
3
5. Course Objectives:
This course introduces some basic concepts of random processes such as random walk, Markov chains, Wiener process, etc. Additionally, some applications of random processes in economics and finance are also presented.
6. Brief Description of Course Content:
This course is an graduate course on stochastic processes. Topics include the Markov chain, random walk, Poisson and Wiener processes. Moreover, some applications in economics and finance also introduced.