PMFMAA Financial Mathematics

Faculty of Economics and Administration
Autumn 2008
Extent and Intensity
1/2/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
RNDr. Václav Studený, Ph.D. (lecturer)
Guaranteed by
RNDr. Václav Studený, Ph.D.
Department of Applied Mathematics and Computer Science – Faculty of Economics and Administration
Contact Person: Lenka Hráčková
Timetable
Thu 16:20–17:55 S401
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
This course in financial mathematics aims to present the student with basic terms of financial mathematics, such as simple and compound interest calculations, time value of money, saving, annuity, debt amortization, etc. The explanation will be complemented by a number of practical tasks.
Syllabus
  • Essential mathematics exponential and logarithmic functions (grammar school knowledge). Inflation index of prices real and nominal value rate of inflation, average inflation real value of free interest saving Interest of constant amounts plain picevise constant, linear compound picevise constant, picevise linear, exponential of not constant amounts savings pensions amortization Notices about real cases (saving, leasing, bill, securities, share) The rate of growth, relative increments. Commodity markets The index of prices, rate of inflation Interest rate in financial mathematics Saving with the state donation, long term products Mortgages, supply of the market Using the program maple Computing examples with the program maple The cash flow and the internal interest rate The duration and the convexity Mean value in financial mathematics, general concept General concept of rate of growth, infinitesimal version, inverse rule Stochastics on financial markets Introduction to models
Literature
  • DUPAČOVÁ, Jitka and Jann HURT. Stochastic Modeling in economics and Finance. Kluwert Academic Publishers, 2002, 386 pp. ISBN 1402008406. info
Assessment methods
tests, project, oral exam
Language of instruction
English
Further comments (probably available only in Czech)
The course is taught annually.
Information on course enrolment limitations: kurz je určen pouze pro zahraniční studenty
The course is also listed under the following terms Spring 2004, Autumn 2004, Spring 2005, Autumn 2005, Spring 2006, Autumn 2006, Spring 2007, Autumn 2007, Spring 2008, Spring 2009.
  • Enrolment Statistics (Autumn 2008, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2008/PMFMAA