Courses Handbook 2007 - [ Archived ]

310218 (v.2) Actuarial Economics 302


Area:

Department of Mathematics and Statistics

Credits:

25.0

Contact Hours:

4.0
 
** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **
 

Lecture:

1 x 3 Hours Weekly

Tutorial:

1 x 1 Hours Weekly

Prerequisite(s):

1234 (v.4) Economics 100 or any previous version
AND
12607 (v.3) Finance (Principles) 215 or any previous version
AND
302315 (v.2) Mathematical Statistics 202 or any previous version
 

Syllabus:

Stochastic models of security prices. An introduction to derivatives, the Greeks and the binomial model. The Black-Scholes option pricing formula. The marginal rate of transformation (MRT) and five-step method. Arbitrage-free pricing and the five-step method with the Black-Scholes model. Interest rate models.
 
** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **
 

Field of Education:

081103 Insurance and Actuarial Studies

Funding Cluster:

02 - Accounting, Administration, Economics, Commerce

SOLT (Online) Definitions*:

Informational
*Extent to which this unit or thesis utilises online information

Result Type:

Grade/Mark

Availability

Year Location Period Internal Partially Online Internal Area External Central External Fully Online
2007 Bentley Campus Semester 2 Y        
Area
External
refers to external course/units run by the School or Department or offered by research.
Central
External
refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially
Online
Internal
refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully
Online
refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External

 
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