Course detail
Econometrics
FP-RekoPAcad. year: 2010/2011
The aim of the subject is the modelling of economic processes (micro and macro) by means of exact means of current engineering mathematics to set up conditions for subsequent computerizing. It essentially contributes to the development of student´s ability to comprehend causal essence of economic interrelations and to perform economic analyses. The contents includes : demand and supply analysis; consumption and saving with the basic models of national economy; revenue, cost and profit analysis; production; elasticity of demand and supply; utility.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
- active participation in seminars where the attendance is compulsory,
- working out of a semester project and its presentation,
- completion of short partial written test marked at least with grade "E".
Course curriculum
- basic principles of economic analysis and modelling,
- supply and demand,
- market equilibrium,
- consumptions and savings,
- models of national economy, IS-LM analysis,
- incomes, costs and profits,
- production,
- elasticity of demand of supply,
- utility,
- optimalization of selected economic quantities.
Topics of exercises:
- practising of topics discussed in lectures,
- working out of individual assignments.
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Chvátalová, Z. Malý Maple manuál.[online]. Dostupné z: (CS)
Mezník, I.:Ekonometrie pro magisterské studijní programy. FP VUT v Brně v Akademickém nakladatelství CERM, s.r.o., Brno 2005 (CS)
Recommended reading
Classification of course in study plans