The course, together with the companion course of Laboratory of Probability, aims at giving the bases of Probability: this mathematical discipline is in fact essential for Statistics, Econometrics and Finance and more generally plays an important role in the economic theory.
Specifically, the course is mandatory in the curriculum of Economics and Finance and aims at giving the necessary background for the courses of Finance, Derivatives and Risk Management and Econometrics, of the same curriculum.
EXPECTED LEARNING RESULTS.
The student is expected to:
- understand the fundamental concepts of Probability;
- be able to use these concepts to analyse random phenomena;
- be able to formalise and solve problems (problem solving);
- understand some theoretical aspects and be able to illustrate them;
- be able to prove some theorems
KNOWLEDGE AND ABILITY TO UNDERSTAND:
At the end of the course, the student should have understood the fundamental concepts of Probability.
JUDGEMENT ABILITY:
At the end of the course, the student should have developed the ability to formalize concrete problems and be able to use the essential tools of Probability to solve them.
COMMUNICATION ABILITY:
At the end of the course, the student should be able to summarize and expose the concepts and the theoretical results he/she has learned, as well as be able to motivate his/her choices in problem solving.