Shortcuts  Report
Course information

Instructor: Wei Wu.

Semester: Spring 2022.

Outline: Axioms of mathematical probability, combinatorial analysis; Binomial distribution, Poisson distribution, normal approximations, random variables, probability distributions; Random walks; Generating functions; Branching processes; Markov chains.
Gradebook
Overall grade: A (4.00/4.00)
Item  Grade  Letter 

Homework  A  
Midterm  28/40  
Final Presentation  17/20  
Final Report  19/20 
Projects
In a group of three, we investigated the application of Stochastic Calculus in Economics, specifically the derivation of BlackScholesMerton equation. You may access our presentation slides here. It was mainly focused on three parts: Brownian motion, stochastic calculus, and riskneutral pricing (including the derivation of BlackScholesMerton equation). Our final report is titled BlackScholesMerton Equation and RiskNeutral Pricing.