Stochastic Processes

1 Course Unit

An introduction to Stochastic Processes. The primary focus is on Markov Chains, Martingales and Gaussian Processes. We will discuss many interesting applications from physics to economics. Topics may include: simulations of path functions, game theory and linear programming, stochastic optimization, Brownian Motion and Black-Scholes. Fall or Spring Mutually Exclusive: STAT 4330 Prerequisite: STAT 5100 1 Course Unit