全英 的课程教材：Financial econometrics is an active field of integration of
finance, economics, probability, statistics, and applied mathematics.
Financial activities generate many new problems, economics provides
useful theoretical foundation and guidance, and quantitative methods
such as statistics, prob1ability and applied mathematics are essential tools
to solve quantitative problems in finance.
To name a few, complex financial products pose new challenges
on their valuations and risk management.
Sophisticated stochastic models have been introduced to capture the salient features
of underlying economic variables and used for security pricing. Statistical tools are employed
to identify parameters of stochastic models, to simulate complex financial systems
and to test economic theories via empirical financial data.