Department of Agricultural and Consumer Economics

Office for Futures and Options Research (OFOR)

Course Number Course Title Course Description
ACE 428 Commodity Futures and Options Markets Development of futures trading; operation and governance of commodity exchanges; economic functions of futures trading; operational procedures and problems in using futures markets; public regulation of futures trading; evaluation of market performance. Field trips required; see Class Schedule for approximate cost. Prerequisite: ACE 100 or ECON 102
ACE 528 Research in Futures Markets Research literature on commodity futures and options markets, both theoretical and empirical; topics include: supply of storage, basis models, theory of the firm and hedging under uncertainty, optimal hedging, speculative returns, market performance, pricing efficiency and option pricing. Prerequisite: ACE 328 or equivalent, and ECON 500 or equivalent.
ACE 592-CR3 Topics in Managerial Decision-Making Individual or group instruction on a special topic under the direction of one or more members of the faculty.
FIN 412 Options and Futures Markets Introduction of options and futures markets for financial assets; examination of institutional aspects of the markets; theories of pricing; discussion of simple as well as complicated trading strategies (arbitrage, hedging and spread); applications for asset and risk management. 3 undergraduate hours. Prerequisite: FIN 300, or consent of instructor.
FIN 512 Financial Derivatives Introduction to options, futures, swaps and other derivative securities; examination of institutional aspects of the markets; theories of pricing; discussion of simple as well as complicated trading strategies (arbitrage, hedging, and spread); applications for asset and risk management. Prerequisite: FIN 520; or MBA 505 - Section G (Financial Markets and Institutions); or consent of instructor.