EG2420 Monte Carlo Simulation Theory and Project 7.5 credits
Teori och projekt i Monte Carlo-simulering
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.