151-0351/01 – Analysis of Economic Information (AEI)
| Gurantor department | Department of Mathematical Methods in Economics | Credits | 3 |
| Subject guarantor | doc. Ing. Václav Friedrich, Ph.D. | Subject version guarantor | doc. Ing. Václav Friedrich, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2010/2011 | Year of cancellation | 2011/2012 |
| Intended for the faculties | EKF | Intended for study types | Bachelor, Follow-up Master |
Subject aims expressed by acquired skills and competences
The main aim of the course "Analysis of Economic Information" is to introduce students into the basic methods of creation, identification and analysis of economic statistical indicators and their interconnection. The course is based on two important types of statistical indicators, which are indexes and time series.
Upon successful completion of this course, students will acquire the following knowledge, skills and abilities:
• They will learn the methodology of economic indicators used in the state statistics of the Czech Republic and in international statistics.
• They will be able to express the temporal and spatial changes of economic indicators in the form of indexes and analyse them in Microsoft Excel.
• They will practice the basic methods of designing and developing forecasting scenarios.
• They will also get acquainted with basic types of economic time series and selected methods of their analysis in IBM SPSS Statistics.
Teaching methods
Lectures
Individual consultations
Tutorials
Project work
Summary
In economic analyses, we often encounter the need to evaluate and compare economic phenomena using appropriate indicators. These tools are provided by the area of statistics, called economic and social statistics.
The course "Economic Information Analysis" introduces students to basic methods of economic information analysis using two economic statistics tools: indexes and time series. Students will also get acquainted with the current Czech system of economic and social statistics indicators and its links to the harmonized system within the EU.
Microsoft Excel and IBM SPSS Statistics software tools are used in this course. Individual topics are trained on particular practical examples and tasks.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
Credits are awarded by tutor. Problems with granting the credits may be dealt with the guarantee of the subject, or with the head of the department.
COMPLIANCE CRITERIA:
a) Essay - Students should not only know the issues of the subject to study, but should be able to think over them and comment them. The task is to write an essay on the given topic. It is necessary to respect a given topic and scope, otherwise the task will be penalized. Essays are evaluated by other students (anonymously). A maximum of 20 points can be obtained, no minimum is specified.
b) Comprehensive test
The test validates the knowledge and ability to apply the learned methods. The comprehensive test is mandatory and there is a maximum of 25 points, no minimum is specified. The test can be repeated, a better result is count.
c) Team project
Students must form groups of 2-3 members which will elaborate the essay using real economic indicators, which must be found in the available resources. A maximum of 40 points can be obtained, while the mandatory minimum is 25 points.
A necessary condition for obtaining the credit is getting 45 points from all tasks together.
E-learning
The education is supported by e-learning course in Moodle CMS (http://moodle.vsb.cz/vyuka).
Other requirements
- znalosti matematiky v rozsahu předmětu Matematika A
- znalosti statistiky v rozsahu předmětu Statistika A
- schopnost práce s programem MS Excel na úrovni běžného uživatele
Prerequisities
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Statistical indicators and methods for their comparison
2. Indexes, time and spatial series
3. Individual and aggregate indexes
4. Individual composite indexes
5. Decomposition of the indexes
6. Price indexes in the economic practice
7. International comparisons
All the themes are trained using selected practical examples and tasks.
Conditions for subject completion
Conditions for completion are defined only for particular subject version and form of study
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.