Overview

Introduction to stochastic processes, that is, processes that evolve over time such as price fluctuations of a stock. The course emphasises theory and applications, and covers discrete- and continuous-time Markov chains, Poisson processes and Brownian motion.

Conditions for Enrolment

Prerequisite: (MATH2501 or MATH2601) and (MATH2011 or MATH2111) and (MATH2801 or MATH2901)

Delivery

Fully online - Standard (usually weekly or fortnightly)

Course Outline

To access course outline please visit below link (Please note that access to UNSW Canberra course outlines requires VPN):

Fees

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)