Stochastic Models

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB878A05
Vaknaam Stochastic Models
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester I b
ECTS 5
Rooster rooster

Uitgebreide vaknaam Stochastic Models
Leerdoelen After this course the student is able to:
• use standard stochastic models (topics dealt with include: Markov chains with discrete time parameter, Poisson processes, Markov chains with continuous time parameter, renewal theory, reliability)
• build simple stochastic models for practical applications
Omschrijving In statistics, econometrics, OR, insurance, marketing, logistics and finance stochastic models play an essential role. A number of standard models are treated in this course, and many examples are given. Topics dealt with include: Markov chains with discrete time parameter, Poisson processes, Markov chains with continuous time parameter, renewal theory, reliability.
Uren per week 4
Onderwijsvorm hoorcolleges
Toetsvorm schriftelijk tentamen
Vaksoort bachelor
Coördinator dr. O.V. Iftime
Docent(en) dr. O.V. Iftime
Verplichte literatuur
Titel Auteur ISBN Prijs
Introduction to Probability Models 11th edition S.M. Ross 978-0-12-407948-9
Entreevoorwaarden
Opmerkingen Info: Dr Orest Iftime, phone: +3150 363 3485, e-mail: o.v.iftime@rug.nl.
Secr: Martine Geerlings-Koolman, phone: +3150 363 7018, e-mail: m.a.koolman@rug.nl.
Opgenomen in
Opleiding Jaar Periode Type
BSc Econometrics and Operations Research/EOR  (basisprogramma BSc EOR) 3 semester I b verplicht
BSc Wiskunde: Statistics and Econometrics 3 semester I b verplicht
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 3 semester I b keuze