Financial Derivatives [ECON 077]

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Financial Derivatives (ECON – 077) 

BA Economics (H) Semester VI, UGCF 2025 

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Sem VI Subjects

►International Trade

►Development Theory & Esperience

►Indian Growth & Development

►DSE – Financial Economics

►DSE – Money & Financial Markets

►DSE – Topics in Game Theory

►DSE – Financial Derivatives

►GE – Basic Environmental Economics

Reading List of Financial Derivatives

The Financial Derivatives (ECON – 077) Course for BA (Hons) Economics Semester VI, UGCF 2025, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 40 Hours.

Access of Video Lectures is provided on any one of the following devices:

Windows Computer or Laptop, or

Android Phone or Tablet, or

Apple Iphone or Ipad, or

Apple Macbook,

till end of Semester VI Exams.

Course Fee : Rs. 7,000

Fee Structure :

Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.

You will get :

►Full Course Video Lectures

Live Online Doubts Sessions with Expert Faculty (at least twice a week) for resolution of Doubts

Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students

Mock Tests at the Website for regular assessment and progress tracking

Video Lectures Cover Theory Portions Exhaustively + Complete Solutions of Back Questions of Readings + Solutions of Previous Years Papers + Large Number of Numericals

Comprehensive Coverage of Syllabus and Exam Oriented Preperation

This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics Honours program.

Recommended Readings

Hull, John C.,Options, Futures and Other Derivatives, Pearson Education, Inc, 9th Edition (Global Edition), 2018.
Robert W. Kolb, James A. Overdahl, Financial Derivatives: Pricing and Risk Management, John Wiley & Sons, 2010

Demo Lectures

Demo Quiz

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Exam Pattern

Internal Assessment and Continuous Assessment

i) Internal Assessment (30 marks) : The Internal Assessment would comprise of 6 marks for attendance and two tests of total 24 marks.

ii) Continuous Assessment (40 marks)

End Semester Examination (90 Marks)

It was decided that for the End Semester examination there would be an open choice to attempt any 5 questions out of 6. There will be 2 questions from Unit I and 4 questions from unit II. All questions will carry equal marks.

Course Content of Our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF 2025

Unit 1 : Futures Contract & SWAP

Part I : Futures/Forward Contracts : Properties Pricing & Hedging

Chapter 1 : Mechanics of Futures Markets

Number Video Lectures : 2

Duration of Video Lectures : 139 Minutes

Based Upon Chapter 2 Hull

Topics Covered

Specification of a Futures Contract,

►Convergence of Futures Price to Spot Price,

►The Operation of Margin Accounts,

►Forward Vs. Futures Contract,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 2 : Determination of Forward and Futures Prices

Number Video Lectures : 3

Duration of Video Lectures : 107 Minutes

Based Upon Chapter 5 Hull

Topics Covered

Future Prices,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 3 : Hedging Strategies

Number Video Lectures : 3

Duration of Video Lectures : 130 Minutes

Based Upon Chapter 3 Hull

Topics Covered

Meaning of Hedging,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Part II : Interest Rate Futures

Chapter 4 : Interest Rate Futures

Number Video Lectures : 2

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 6 Hull

Topics Covered

Interest Rate Futures,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Part III : SWAP and FRA

Chapter 5 : Interest Rate

Number Video Lectures : 2

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 4 Hull and Chapter 37 Kolb

Topics Covered

Types of Rates,

Measuring Interest Rates,

Forward Rates & Forward Rate Agreements,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 6 : SWAPS

Number Video Lectures : 2

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 7.1 – 7.4, Chapter 1, Chapter 28 Kolb

Topics Covered

Mechanics of Interest Rate SWAPS,

Day Count Issues,

The Comparative Advantage Argument,

Pricing and Valuation of SWAPS,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Unit 2 : Options Contract

Part I : Introduction and Properties of Option Contracts

Chapter 7 : Mechanics of Options Markets

Number Video Lectures : 3

Duration of Video Lectures : 135 Minutes

Based Upon Chapter 10 Hull

Topics Covered

Meaning of Options, Call Options, Put Options

Option Positions, Underlying Assets,

Specification of Stock Options,

Trading, Commisions & Margin Requirements,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 8 : Properties of Stock Options

Number Video Lectures : 2

Duration of Video Lectures : 152 Minutes

Based Upon Chapter 11 Hull

Topics Covered

Factors Affecting Options Prices,

Assumptions & Notation, Upper & Lower Bounds for Options Prices,

Put Call Parity,

Calls & Puts on a non dividend paying stock,

Effect of Dividends,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Part II : Option Strategies

Chapter 9 : Trading Strategies Invonving Options

Number Video Lectures : 3

Duration of Video Lectures : 160 Minutes

Based Upon Chapter 12 Hull

Topics Covered

Trading an Option,

Spreads,

Combinations,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Part III : Pricing of Options, BSM and Greek Letters

Chapter 10 : Binomial Trees

Number Video Lectures : 6

Duration of Video Lectures : 170 Minutes

Based Upon Chapter 13 Hull

Topics Covered

Binomial Trees,

Risk Neutral Valuations,

Two Step Binomial Tree,

Delta of an Option,

Matching Volatility,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 11 : ITO’s Lemma

Number Video Lectures : 1

Duration of Video Lectures : 17 Minutes

Based Upon Chapter 14 Hull

Topics Covered

ITO’s Lemma,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 12 : The Black Scholes Merton Model

Number Video Lectures : 4

Duration of Video Lectures : 82 Minutes

Based Upon Chapter 15 Hull

Topics Covered

The Expected Return,

Volatility,

Black Scholes Model,

Pricing Formula,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,

Chapter 13 : The Greek Letters

Number Video Lectures : 1

Duration of Video Lectures : 40 Minutes

Based Upon Chapter 19 Hull

Topics Covered

The Greek Letters,

►Questions from Recent Eco (H) Examinations,

►Reading Back Questions,