Course: Econometrics

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Course title Econometrics
Course code KSY/EKM
Organizational form of instruction Lecture + Lesson
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 5
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements Course does not contain work placement
Recommended optional programme components None
Lecturer(s)
  • Rozkovec Jiří, Mgr.
Course content
1. Introduction, operational research branches. 2. Mathematical model of linear programming problem. Basic terms of linear programming. 3. One-phase simplex method. 4. Two-phase simplex method. 5. Simplex table, terminations of the algorithm of simplex method. 6. Duality theory. 7. Postoptimization analysis. 8. Integer programming - models. 9. Integer programming - methods. 10. Multiple criteria decision - basic concepts. 11. Multiple criteria decision - weights estimation methods. 12. Multiple criteria optimization. 13. Reserve. 14. Reserve.

Learning activities and teaching methods
Monological explanation (lecture, presentation,briefing)
  • Class attendance - 56 hours per semester
Learning outcomes
The first part of this course provides the participants a basic knowledge about linear programming, duality theory and its application in practice. The second part focuses linear regression models.
Application of mathematical models (linear programming) and multi-criteria decision making.
Prerequisites
Linear algebra, calculus, PC skills.

Assessment methods and criteria
Written exam

Credit test min. 60%, written exam min. 70%.
Recommended literature
  • FIALA, P. Modely a metody rozhodování. 1. vyd. Oeconomica. Praha 2003.
  • GREENE,W.H.:. Econometric analysis. Prentice Hall, New Jersey 2000.,.
  • HILLIER, F. S.:. Introduction to Operations Research. McGraw-Hill.. New York, 2014. ISBN 125925318X.
  • HILLIER, F. S., LIEBERMAN, G. J. Introduction to Operations Research. Third Edition. Holden - Day. San Francisco 1979.
  • JABLONSKÝ, J., LAGOVÁ, M. Lineární modely. VŠE Praha 1999.
  • JABLONSKY, J. Operační výzkum. 1. vydání. Prefessional Publishing Praha 2002. &, &.
  • PELIKÁN, J. Diskrétní modely. VŠE 1999.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Managerial Informatics (2015) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter