UEH Standard programs in English (20% English)

Brief Course Description

1. Course Title:

Stochastic process

2. Language of Instruction:

Tiếng Việt

3. Course Code:

MAT508014

4. Credits:

3

5. Course Objectives:

This course aims to equip students with knowledge of the fundamental properties of stochastic processes, such as random walks, Markov chains, and Wiener processes, enabling their application to economic problems such as stock pricing models and option pricing models for the American and European markets.

6. Brief Description of Course Content:

The course covers stochastic processes and their applications in economics and social problems. It discuss the discrete and continuous-time Markov chains. Poisson process, Brownian motion and time-permitting, Ito Integral and Stochastic Differential Equations . The computation and simulation are conducted by R.