Course title 
Futures and Options 
Semester 
1101 
Designated for 
DEPARTMENT OF ECONOMICS 
Instructor 
ChihChing Hung 
Curriculum Number 
ECON4036 
Curriculum Identity Number 
303E49120 
Class 
02 
Credits 
3.0 
Full/Half Yr. 
Half 
Required/ Elective 
Elective 
Time 
Monday 7,8,9(14:20~17:20) 
Remarks 
Restriction: within this department (including students taking minor and dual degree program) The upper limit of the number of students: 25. 


Course introduction video 

Table of Core Capabilities and Curriculum Planning 
Table of Core Capabilities and Curriculum Planning 
Course Syllabus

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Course Description 
Course Description
The major goal of this course is to equip students with comprehensive understanding of financial derivatives. A derivative instrument is a financial contract whose payoff depends on or is derived from the value of one or a set of underlying assets. We will cover four categories of derivatives, including forwards, futures, swaps, and options. Students will learn how these derivatives are traded. We will also learn how these derivatives should be priced and trading strategies associated with them. 
Course Objective 
待補 
Course Requirement 
Recommended Prerequisite Courses
Investments, Financial Management, and Calculus I, II
Special Note: This course will be taught entirely in English. 
Student Workload (expected study time outside of class per week) 

Office Hours 
Thu. 14:00~16:00 
Designated reading 
Options, Futures, and Other Derivatives, by John C. Hull. 9/E 2018 Global Edition (雙葉書廊) 
References 
1. A Course in Derivative Securities: Introduction to Theory and Computation, by Kerry Back. 2005 Edition (Springer Finance)
2. Stochastic Calculus for Finance I, by Steven Shreve. 2004 Edition (Springer Finance) 
Grading 
No. 
Item 
% 
Explanations for the conditions 
1. 
Assignments 
10% 

2. 
Midterm 
45% 
If you score higher in the Final, the Midterm would count for only 40% while the Final would count for 50%. 
3. 
Final 
45% 
If you score higher in the Final, the Midterm would count for only 40% while the Final would count for 50%. 
