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The traditional kaleidoscope uses the prism as a basic unit. Through the reflections of the mirrors on the inner surfaces of a prism, we can see many symmetric axles and patterns. However, traditional kaleidoscope only presents two-dimensional images. The three-dimensional kaleidoscope we designed uses the pyramid as a basic unit. We can see three-dimensional images via mirror faces on the inner surfaces of the pyramid. Our examination shows that not all pyramids are able to show three-dimensional images but only pyramids with specific angles do. The kaleidoscope we designed differs from the traditional kaleidoscope in the following ways: ①Our three-dimensional kaleidoscope not only shows three-dimensional space, but also shows it through two-dimensional planes. ②Our three-dimensional kaleidoscope is based on three kinds of pyramid: three-sided pyramid (tetrahedron), four-sided pyramid (square pyramid) and five-sided pyramid (pentagonal pyramid). Each kind of pyramid has its own charm in showing its reflected images. ③Each kind of pyramid is separated from its entire geometry. However, it can present the whole view of the geometry after mirrored. Our exploration shows that two dimensional and three dimensional worlds can change into one another under specific conditions. Perhaps before long we can discover more dimensions and explain the relationships between each kind of dimension. This treatise mainly involves the principles of Euclidean Geometry and Projective Geometry.

This simple question does not have a simple answer. The boundary of such an interdisciplinary area is always moot and any attempt to give a formal definition is unlikely to be successful. Broadly speaking, financial econometrics is to study quantitative problems arising from finance. It uses statistical techniques and economic theory to address a variety of problems from finance. These include building financial models, estimation and inferences of financial models, volatility estimation, risk management, testing financial economics theory, capital asset pricing, derivative pricing, portfolio allocation, risk-adjusted returns, simulating financial systems, hedging strategies, among others. Technological invention and trade globalization have brought us into a new era of financial markets. Over the last three decades, enormous number of new financial products have been created to meet customers demands. For example, to reduce the impact of the fluctuations of currency exchange rates on a firms finance, which makes its profit more predictable and competitive, a multinational corporation may decide to buy the options on the future of foreign exchanges; to reduce the risk of price fluctuations of a commodity (eg lumbers, corns, soybeans), a farmer may enter into the future contracts of the commodity; to reduce the risk of weather exposures, amuse parks (too hot or too cold reduces the number of visitors) and energy companies may decide to purchase the financial derivatives based on the temperature. An important milestone is that in the year 1973, the worlds first options exchange opened in Chicago. At the very same year, Black and Scholes (1973