PMFMAA Financial Mathematics

Faculty of Economics and Administration
Spring 2009
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
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
Financial Mathematics (PMFMAA) This comprehensive 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. Examination: written and oral.
Syllabus
  • Essential mathematics exponential and logarithmic functions (grammar school knowledge). Inflace 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, a relative increments. Commodity markets The index of prices, rate of the inflation Interest rate in financial mathematics Saving with the state donation, long term products Mortgages, supply of th market Using of the program maple Computing an examples with the program maple The cash flow and the internal interest rate The duration and the convexity Mean value in financial mathematics, general conception General conception of rate of growth, infinitesimal version, inverse rule Stochastic on financial markets Introduction to the 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.
The course is taught: every week.
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, Autumn 2008.
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