Week 6 Study Plan
Overview
This week, we have the mid-semester exam. During the lecture, we will cover the following topics:
- End of Module 5 (characterising risk aversion, and additional considerations)
- End of Module 6 (Simulation, Macros and VBA).
Main references and lectures
Module 5 and 6
Read: Section 5.4 to 5.5 of Module 5: Utility, Risk and Insurance
Read: Section 6.6 of Module 6: Excel
Annotated slides and Excel spreadsheet: Annotated slides: UG/PG
Watch: refer to your lecture recording under “Lecture Capture” (UG/PG).
Additional preparation and resources
Mandatory
- Chapter 8.1-8.3 of Joshi (2013) (for Module 5)
Tutorials
Please let us know of any mistake or required update on Ed.
Tutorial materials
Tutorial exercises have been especially selected as more advanced exercises facilitating revisions and discussions during the face to face tutorials.
Solutions will only be released in the morning of the tutorials, to encourage students to have a go by themselves prior to the tutorial, but still allowing them to have something to annotate during the tutorial.
Please have a look at the Week 6 tutorial problem set before attending tutorials. The tutors will go through the questions with you, and you are encouraged to ask questions during tutorials.
Extra Exercises
Extra exercises, to be completed after the tutorial, and with solutions available straight away. It is recommended to attempt the questions before looking at the solutions.
Tutorials won’t discuss those questions in the tutorials, but will answer questions if you have any.
Work on the extra questions for week 6.
Next week (week 7)
The second half of the semester will be organised by Yuyu!
Preparation for assessment
Mid-semester (15%) and final (60%) exams
Good luck on your MST!
Assignment (25%)
- Think of strategies for completing the assignment tasks in Excel.
- If you have any questions about the assignment, feel free to ask on
Ed!