Monte Carlo methods comprises a number of different methods for solving complicated mathematical problems using sample surveys. Applications of Monte Carlo methods can be found in many fields, from opinion polls to simulations of technical systems. The focus of this course is going to be on the latter.
The methods that are taught are general, although many examples in the course are from simulation of electricity markets. However, students do not need to have any previous knowledge of electricity markets to follow these examples.
The course web page will from spring 2017 be found on Canvas (kth.instructure.com). To see the course in Canvas you need to be registered on the course. Please contact the student office if you have trouble with your course registration.