INVESTMENT: THEORY AND PRACTICE WITH INTRODUCTION TO PYTHON

This course, as its name suggests, will consist of two components: (1) Practice-oriented aspect of investment (coding in Python and Excel for Option Pricing) and (2) Theoretical aspect of investment For (1), the course will introduce students to coding in Python and the application of Python to analyses of stock performance. This course does not require students have basic knowledge in Python. This course assumes that students are absolute beginners in Python. In the second half of the semester, students will also learn Excel techniques for Black-Scholes formula for option pricing as well as binomial option pricing. For (2), the course will cover Options and Option Valuation. It will cover fundamental theory of Option Pricing (Black-Scholes Formula), Binomial Option Pricing Model and Option Strategies. It will also cover, if time permits, valuation of bond and stocks. Remark: This new course subsumes an existing course ``International Investment: Theory and Practice’’. A primary rationale is to create a course title that reflects its contents and hence attracts more students – both from within the department and outside the department – to enroll. Specifically, the existing course ``International Investment: Theory and Practice’’ was created having in mind two objectives: (i) to introduce students to Python, whic