Date Topic Readings/Notes Homework
M 29 Our two problem domains: Financial Markets and Functional Programming Lab 1
W 31 NO CLASS: Cesar Chavez' Birthday
F 2 Mathematical Foundations Lab 2
M 5 Financial Concepts & Contracts
W 7 Yaron Minsky video
F 9 NO CLASS: Furlough I.
M 12 Extra Day in France Day Assignment 1 due
W 14 Multiple-period Binomial Models
F 16 Modeling Markets functionally
M 19 Jensen's Inequality
W 21 Delta Hedging
F 23 NO CLASS: Furlough II
M 26 Multi-period Delta Hedging, Properties of Expectations Lab 6
W 28 Conditional Expectations, sequences of random variables
F 30 Martingales, Markov Processes
M 3 Change of Measure
W 5 NO CLASS: Furlough III Assignment 2 due
F 7 Midterm Exam
M 10 Term definitions
W 12 Lognormal, analyzing distributions Lab 9
F 14 Bonds, Computing zero rates Lab 10
M 17 Option combos
W 19 Utility curves and how much to invest
F 21 The revenge of risk-neutral Assignment 3 due
M 24 American Options Lab 12
W 26 American Options II, Brownian Motion
F 28 Functional Programming, Brownian Motion II
M 31 NO CLASS: Memorial Day
W 2 Brownian Motion First Crossing Times
Th 3 Assignment 5 due
F 4