157-0901/02 – Quantitative Methods of Economic Analysis (KMEA)

Gurantor departmentDepartment of Systems EngineeringCredits10
Subject guarantorprof. Ing. Jana Hančlová, CSc.Subject version guarantorprof. Ing. Jana Hančlová, CSc.
Study levelpostgraduateRequirementCompulsory
YearSemesterwinter + summer
Study languageCzech
Year of introduction2013/2014Year of cancellation2023/2024
Intended for the facultiesEKFIntended for study typesDoctoral
Instruction secured by
LoginNameTuitorTeacher giving lectures
HAN60 prof. Ing. Jana Hančlová, CSc.
MAR0011 prof. Ing. Dušan Marček, CSc.
S1A20 prof. RNDr. Dana Šalounová, Ph.D.
ZAP149 doc. Mgr. Ing. František Zapletal, Ph.D.
ZME40 prof. Dr. Ing. Zdeněk Zmeškal
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 36+24
Part-time Examination 36+24

Subject aims expressed by acquired skills and competences

Possibilities to increase the level of decision making in research and management. Quantitative approach to support decision making activities. Quantitative methods of economic analyses. Business processes modelling and the supporting software. Dynamic system and its properties, methodology of dynamic systems creation. Methods of operations research. Financial models. Fuzzy modelling.

Teaching methods

Lectures
Individual consultations
Project work

Summary

Possibilities to increase the level of decision making in research and management. Quantitative approach to support decision making activities. Quantitative methods of economic analyses. Business processes modelling and the supporting software. Dynamic system and its properties, methodology of dynamic systems creation. Methods of operations research. Financial models. Fuzzy modelling.

Compulsory literature:

DUBOIS, D., PRADE, H. Fuzzy Sets and Systems. New York: Academic Press, 1980. GUJARATI, D. N. Basic Econometrics. 4th Ed. Singapore: Mc Graw-Hill, 2003. 1002 pp. ISBN 0-07-233542-4. HILLIER, F., LIEBERMANN, G. J. Introduction to operations research. 9th ed. 1047 p. New York: McGraw-Hill Higher Education, 2010. ISBN 978-0-07-337629-5. KAUFMANN, A. Introduction to the Theory of Fuzzy Subsets. New York: Academic Press, 1986. NOVÁK, V., PERFILIEVA, I. MOČKOŘ, J. Mathematical principles of fuzzy logic. Praha: Springer, 1999. ISBN 07923-8595-0. SAATY, T. L. Fundamentals of Decision Making and Priority Theory with the Analytic Hierarchy Process. Pittsburg: RWS Publications, 2006. ISBN 0-9620317-6-3. WOOLDRIDGE, J. Introductory Econometrics: A Modern Approach. 4th ed. Mason. Ohio: South Western Cengage Learning, 2008. ISBN 9780324581621.

Recommended literature:

ADAMS, A., BLOOMFIELD, D., BOOTH, P. Investment Mathematics and Statistic. Kluwer Law International, 1995. AGRESTI, A. An Introduction to Categorial Data Analysis. John Wiley & Sons, 2007. ISBN 978-0-471-225618-5. ANDERSON, D. R., SWEENEY, D. J., WILLIAMS, T.A. Statistics for Business and Economics. South- Western: Cengage Learning, 2012. ISBN 978-0-538-48164-9. DOUGHERTY, CH. Introduction to Econometrics. 3rd ed. Oxford: Oxford University Press, 2006. 480 pp. ISBN 978-0-19-928096-4. FABOZZI, F. J. Fixed Income Mathematics. 1993. GREENE, W. H. Econometric Analysis. 6th Ed. Prentice Hall, 2007, ISBN 9780135132456 HILL, R. C., GRIFFITHS, W. E., LIM, G. C. Principles of Econometrics. 3rd Edition. 2008. 608 pages. ISBN 978-0-471-72360-8. HULL, J. C. Options, Futures, and other Derivarives. Prentice-Hall, 2002. TRIANTAPHYLLOU, E. Multi-Criteria Decision Making Methods: A komparative study. Kluwer Academic Publishers, 2000. ISBN 0-7923-6607-7. WONNACOTT, T. H., WONNACOTT, R. J. Statistika pro obchod a hospodářství. Praha: Victoria Publishing, 1999. ISBN 80-85605-09-0. WISNIEWSKI, M. Quantitative Methods for Decision Makers. 4th ed. Prentice Hall, 2006. . 2007.

Way of continuous check of knowledge in the course of semester

Semestral work. Structure and content of work Title page, see sample. Abstract (approx. 10 lines), keywords, Czech, English Content 1. Introduction - definition of the topic, reason for processing, connection to the field of study, aim of the work, characteristics and justification of the structure of the work and the methods used, 2. Description and mathematical formulation of methods from the given area. Critical analysis of the applicability of various methods and models to the chosen problem, including the choice of method(s). The student can also use different methods and confront their results in the conclusions. Explicit mathematical formulation of problems and methods. 3. Application of problem solving using a model • Verbal description of the problem • Mathematical formulation of the problem • Input data (model quantification) • Problem solving, sensitivity analysis • The result, its interpretation and discussion 4. Conclusion: A brief summary of the procedure and a precise description of the conclusions resulting from the analyzed problem 5. List of literature: alphabetically Appendices: put large tables and diagrams in the appendices that explain the studied issue in detail.

E-learning

LMS Moodel, MS Teams

Other requirements

Semestral work. Structure and content of work Title page, see sample. Abstract (approx. 10 lines), keywords, Czech, English Content 1. Introduction - definition of the topic, reason for processing, connection to the field of study, aim of the work, characteristics and justification of the structure of the work and the methods used, 2. Description and mathematical formulation of methods from the given area. Critical analysis of the applicability of various methods and models to the chosen problem, including the choice of method(s). The student can also use different methods and confront their results in the conclusions. Explicit mathematical formulation of problems and methods. 3. Application of problem solving using a model • Verbal description of the problem • Mathematical formulation of the problem • Input data (model quantification) • Problem solving, sensitivity analysis • The result, its interpretation and discussion 4. Conclusion: A brief summary of the procedure and a precise description of the conclusions resulting from the analyzed problem 5. List of literature: alphabetically Appendices: put large tables and diagrams in the appendices that explain the studied issue in detail.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Research methods and tools.Possibilities to increase the level of decision making management. Quantitative approach to support decision making activities. Quantitative methods of economic analyses. Business processes modelling and the supporting software. Dynamic system and its properties, methodology of dynamic systems creation. Methods of operations research. Financial models. Fuzzy modelling.

Conditions for subject completion

Part-time form (validity from: 2013/2014 Winter semester, validity until: 2023/2024 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Examination Examination   3
Mandatory attendence participation:

Show history

Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2023/2024 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2023/2024 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2023/2024 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2022/2023 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2022/2023 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2022/2023 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2022/2023 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2022/2023 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2022/2023 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2022/2023 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2022/2023 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2021/2022 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2021/2022 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2021/2022 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2021/2022 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2021/2022 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2021/2022 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2021/2022 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2021/2022 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2020/2021 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2020/2021 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2020/2021 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2020/2021 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2020/2021 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2020/2021 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2020/2021 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2020/2021 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2019/2020 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2019/2020 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2019/2020 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2019/2020 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2019/2020 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2019/2020 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2019/2020 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2019/2020 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2018/2019 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2018/2019 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2018/2019 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2018/2019 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2018/2019 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2018/2019 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2018/2019 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2018/2019 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2017/2018 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2017/2018 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2017/2018 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2017/2018 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2017/2018 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2017/2018 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2017/2018 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2017/2018 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2016/2017 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2016/2017 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2016/2017 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2016/2017 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2016/2017 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2016/2017 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2016/2017 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2016/2017 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2015/2016 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2015/2016 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2015/2016 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2015/2016 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2015/2016 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2015/2016 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2015/2016 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2015/2016 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2015/2016 (P6202) Economic Policy and Administration (6202V055) Public Economics and Administration K Czech Ostrava Compulsory study plan
2014/2015 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2014/2015 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2014/2015 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2014/2015 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2014/2015 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2014/2015 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2014/2015 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2014/2015 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan
2014/2015 (P6202) Economic Policy and Administration (6202V055) Public Economics and Administration K Czech Ostrava Compulsory study plan
2013/2014 (P6202) Economic Policy and Administration (6202V055) Public Economics and Administration P Czech Ostrava Compulsory study plan
2013/2014 (P6202) Economic Policy and Administration (6202V055) Public Economics and Administration K Czech Ostrava Compulsory study plan
2013/2014 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Compulsory study plan
2013/2014 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Compulsory study plan
2013/2014 (P6208) Economics and Management (6208V086) Business Economics and Management P Czech Ostrava Compulsory study plan
2013/2014 (P6208) Economics and Management (6208V086) Business Economics and Management K Czech Ostrava Compulsory study plan
2013/2014 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics P Czech Ostrava Compulsory study plan
2013/2014 (P6209) Systems Engineering and Informatics (6209V025) System Engineering and Informatics K Czech Ostrava Compulsory study plan
2013/2014 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2013/2014 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2020/2021 Winter
2018/2019 Winter
2017/2018 Summer
2017/2018 Winter
2015/2016 Summer
2015/2016 Winter
2013/2014 Winter