545-0187/01 – Applications of mineral commodity forecasting (APNK)
| Gurantor department | Department of Economics and Control Systems | Credits | 5 |
| Subject guarantor | RNDr. Radmila Sousedíková, Ph.D. | Subject version guarantor | RNDr. Radmila Sousedíková, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | Czech |
| Year of introduction | 2021/2022 | Year of cancellation | |
| Intended for the faculties | HGF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
Student has knowledge of critical raw materials of the EU and the Czech Republic, basic forecasting methods, methods of time series analysis and factors influencing the formation of mineral commodity prices. Student is able to apply the acquired theoretical knowledge in the analysis of production, consumption and prices of selected mineral commodities, use Microsoft Excel for the analysis of time series of mineral commodities. Student is able to make a basic prediction of production, consumption and prices of selected mineral commodities.
Teaching methods
Lectures
Tutorials
Project work
Summary
The course introduces methods of analysis and forecasting of production, consumption and prices of minerals, the acquired knowledge is applied to estimate the prices of selected critical raw materials. Student has knowledge of critical raw materials of the EU and the Czech Republic, basic forecasting methods, methods of time series analysis and factors influencing the formation of mineral commodity prices. Student is able to apply the acquired theoretical knowledge in the analysis of production, consumption and prices of selected mineral commodities, use Microsoft Excel for the analysis of time series of mineral commodities. Student is able to make a basic prediction of production, consumption and prices of selected mineral commodities.
Compulsory literature:
Recommended literature:
Additional study materials
Way of continuous check of knowledge in the course of semester
Regular feedback on the progress of knowledge during the current term is provided by semester project. The course is completed by a written exam.
E-learning
The Moodle Learning Management System (lms.vsb.cz) is used for external communication of the teacher with students outside the class-room, as well as for communication among the students themselves.
Other requirements
There are no additional requirements.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Critical and strategic raw materials of the EU and the Czech Republic
2. Sources of information on supply, demand and prices of mineral commodities
3. Prognostic methods
4. Analysis of time series trends
5. Forecasting the development of the supply of mineral commodities
6. Forecasting the development of demand for mineral commodities
7. Forecasting the development of mineral commodity prices
8. Factors influencing the formation of mineral commodity prices
9. Forecast of lithium price development
10. Forecast of niobium price development
11. Forecast of kaolin price development
12. Forecast of uranium price development
13. Forecast of fluorite price development
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction