Economics (ECON)
Department of Economics
Faculty of Public Affairs
ECON 4053 [0.5 credit]
Financial Market Modeling
The modeling of the evolution of prices in (near) efficient markets and the evaluation of functions of these prices such as guarantees, options, warrants, futures, and other types of derivatives. Arrow-Debreu state-contingent claims. Notions of complete and incomplete markets.Precludes additional credit for ECON 4100 (no longer offered) and ECON 4504 (no longer offered).
Prerequisites: ECON 2003 with a grade of C- or higher, and ECON 2400 with a grade of C- or higher.
Lectures three hours a week.
Summer session: some of the courses listed in this Calendar are offered during the summer. Hours and scheduling for summer session courses will differ significantly from those reported in the fall/winter Calendar. To determine the scheduling and hours for summer session classes, consult the class schedule at central.carleton.ca
Not all courses listed are offered in a given year. For an up-to-date statement of course offerings for the current session and to determine the term of offering, consult the class schedule at central.carleton.ca
