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FAH3459 Models- Uncertainty in Modelling 7.5 credits

Course offering missing for current semester as well as for previous and coming semesters
Headings with content from the Course syllabus FAH3459 (Spring 2012–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

The course intends to give a basic introduction to mathematical models and modeling uncertainty. Various types of models are treated and validated. Different kinds of uncertainties are highlighted. The course treats modeling within a number of subject areas and covers amongst others uncertainty in input data, model parameters and model structures, as well as hypothesis testing under uncertainty. The course further treats stochastic and deterministic simulation as well as various types of networks, including neural networks. Applications to different subject areas will be analysed.

Intended learning outcomes

After completion of the course, the student should:

  • understand what it implies to model a phenomenon and be able to explain various types of models.
  • be able to explain different techniques to evaluate models.
  • understand and estimate the uncertainty in chosen models.
  • with chosen models test appropriate hypotheses.

Course disposition

No information inserted

Literature and preparations

Specific prerequisites

Completion of basic higher education.

Recommended prerequisites

No information inserted


No information inserted


Fastställs i överenskommelse med de studerande beroende på deras intresseområde.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

P, F


    Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

    The examiner may apply another examination format when re-examining individual students.


    Other requirements for final grade

    Examination 3.0 Credits

    Written assignment 4.5 Credits

    Opportunity to complete the requirements via supplementary examination

    No information inserted

    Opportunity to raise an approved grade via renewed examination

    No information inserted


    Ethical approach

    • All members of a group are responsible for the group's work.
    • In any assessment, every student shall honestly disclose any help received and sources used.
    • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

    Further information

    Course web

    No information inserted

    Offered by

    Main field of study

    This course does not belong to any Main field of study.

    Education cycle

    Third cycle

    Add-on studies

    No information inserted


    Per Näsman, 08-790 7530

    Postgraduate course

    Postgraduate courses at ABE/Real Estate Economics and Finance