Training and Research

PhD Programme Courses/classes

Mathematical Statistics

Credits: 5

Language: English

Teacher:  Catia Scricciolo

Microeconomics 1

Credits: 7.5

Language: English

Teacher:  Simona Fiore, Claudio Zoli, Martina Menon

Continuous Time Econometrics

Credits: 5

Language: English

Teacher:  Cecilia Mancini

Probability

Credits: 7.5

Language: English

Teacher:  Marco Minozzo

Macroeconomics I

Credits: 7.5

Language: English

Teacher:  Tamara Fioroni, Alessia Campolmi

Game Theory

Credits: 5

Language: English

Teacher:  Francesco De Sinopoli

Mathematics

Credits: 4.5

Language: English

Teacher:  Andrea Mazzon, Jonathan Yick Yeung Tam

Advice to Young Economists

Credits: 4

Language: English

Teacher:  Marco Piovesan

Stochastic Optimization and Control

Credits: 5

Language: English

Teacher:  Athena Picarelli

Financial Time Series

Credits: 5

Language: English

Teacher:  Giuseppe Buccheri, Francesca Rossi

Mean Field Games (part I)

Credits: 2.5

Language: English

Teacher:  Luciano Campi

Job Market Orientation

Credits: 1

Language: English

Teacher:  Joan Madia, Simone Quercia

Discretization of Processes

Credits: 4.5

Language: English

Teacher:  Jean Jacod

Topics in applied economics with administrative data

Credits: 1

Language: English

Teacher:  Edoardo Di Porto

Multivariate Analysis with Latent Variables: The SEM Approach

Credits: 3

Language: English

Teacher:  Albert Satorra

Finanza Matematica

Credits: 5

Language: English

Teacher:  Alessandro Gnoatto

Political Economy

Credits: 4

Language: English

Teacher:  Emanuele Bracco, Roberto Ricciuti

Finite Mixture Models in Health Economics: Theory and Applications

Credits: 1

Language: English

Teacher:  Paolo Li Donni

Inequality

Credits: 4

Language: English

Teacher:  Francesco Andreoli, Claudio Zoli

Behavioral and Experimental Economics

Credits: 4

Language: English

Teacher:  Simone Quercia, Maria Vittoria Levati, Marco Piovesan

Health Economics

Credits: 4

Language: English

Teacher:  Paolo Pertile

Development economics

Credits: 4

Language: English

Teacher:  Federico Perali

Finance

Credits: 4

Language: English

Teacher:  Giorgio Vocalelli

Mean Field Games (part II)

Credits: 2.5

Language: English

Teacher:  Giulia Liveri

Stochastic Processes in Finance

Credits: 5

Language: English

Teacher:  Sara Svaluto-Ferro, Christa Cuchiero

Dynamic Corporate Finance

Credits: 2

Language: Englìsh

Credits

7.5

Language

English

Class attendance

Free Choice

Location

VERONA

Learning objectives

The course is intended for 1st year students on PhD in Economics and Finance.
The purposes of this course are: (i) to explain, at an intermediate level, the basis of probability theory and some of its more relevant theoretical features; (ii) to explore those aspects of the theory most used in advanced analytical models in economics and finance. The topics will be illustrated and explained through many examples.

Prerequisites and basic notions

Basic Calculus and basic knowledge of probability theory. In particular, students should have been exposed to the material in Lectures 1, 2, 3, 4, 5, 6, 8 of the MIT online course “Introduction to Probability” (RES.6-012) by John Tsitsiklis and Patrick Jaillet
https://ocw.mit.edu/courses/res-6-012-introduction-to-probability-spring-2018/
Attendance to more advanced courses such as real analysis, probability, distribution theory and statistical inference would be desirable.

Program

Course content
1. Algebras and sigma-algebras, axiomatic definition of probability, probability spaces, properties of probability, conditional probability, Bayes theorem, stochastic independence for events.
2. Random variables, measurability, cumulative distribution functions and density functions.
3. Transformations of random variables, probability integral transform.
4. Lebesgue integral, expectation and variance of random variables, Markov inequality, Tchebycheff inequality, Jensen inequality, moments and moment generating function.
5. Multidimensional random variables, joint distributions, marginal and conditional distributions, stochastic independence for random variables, covariance and correlation, Cauchy-Schwartz inequality.
6. Bivariate normal distribution, moments, marginal and conditional densities.
7. Transformations of multidimensional random variables.
8. Convergence of sequences of random variables, weak law of large numbers and central limit theorem.

Bibliography

Visualizza la bibliografia con Leganto, strumento che il Sistema Bibliotecario mette a disposizione per recuperare i testi in programma d'esame in modo semplice e innovativo.

Didactic methods

The lesson will be delivered in presence. Topics will be illustrated with the use of many examples.

Learning assessment procedures

A two-hour written paper at the end of the course. No material is permitted during the examination.

Students with disabilities or specific learning disorders (SLD), who intend to request the adaptation of the exam, must follow the instructions given HERE

Scheduled Lessons

When Classroom Teacher topics
Wednesday 04 October 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Friday 06 October 2023
09:00 - 12:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Wednesday 18 October 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Wednesday 25 October 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Wednesday 08 November 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Monday 13 November 2023
09:00 - 12:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Tuesday 14 November 2023
09:00 - 12:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Wednesday 15 November 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Wednesday 22 November 2023
14:00 - 17:00
Duration: 3:00 AM
Polo Santa Marta - SMT.04 [SMT.4 - terra] Marco Minozzo Probability
Wednesday 29 November 2023
14:00 - 17:00
Duration: 2:50 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo Probability
Friday 12 January 2024
15:00 - 18:00
Duration: 12:10 AM
Polo Santa Marta - SMT.07 [SMT.7 - terra] Marco Minozzo EXAM: Probability