This course presents the steps needed for advanced programming in the quantitative fields of economics and finance, from the very concept of a calculation task, through the evaluation of necessary inputs, outputs, division in subtasks, to the final implementation. In this course the Ox programming language is used, and its concepts explained in detail, but conceptually the course will be relevant for any computer programming language.

The course provides both theory and practice, switching between lecture and hands-on format. Around the Ox language, several packages, interfaces, and even links to Gauss and C are discussed.The course is relevant for quantitatively oriented students with interests in econometrics, statistics, dynamic macro economics, and finance.

Period
15-08-2011 - 19-08-2011 (1 weeks)

Target group
REQUIRED COURSES (progression): 3620: Econometrics

Course aim
After having followed the course the students should be able to:

- Formulate a computing problem related to economics and finance

- Formulate the relevant research questions needing computing power



- Formulate the necessary inputs and required outputs in relation to the computing problem

-Formulate the computing exercise in (in-)dependent parts,

- Derive and compare necessary computing algorithms,

- Formulate a working version of the computations in a computer program, while evaluating the computing code against possible bugs.

Credits
5.0 ECTS credits

Course fee
EUR 0: See website for information regarding fees

Course leader
Charles Bos, VU Amsterdam, and Henning Bunzel

Aarhus University International Centre
Address: Hoeg Guldbergs Gade 4, building 1650 Aarhus C
Postal code: 8000
City: Aarhus
Country: Denmark
Website: http://www.au.dk/summeruniversity
E-mail: SummerUniversity@adm.au.dk
Phone: +45 8942 2320