Subject description - BD1M16EKM

Summary of Study | Summary of Branches | All Subject Groups | All Subjects | List of Roles | Explanatory Notes               Instructions
BD1M16EKM Econometrics and economic applications Extent of teaching:14KP+6KS
Guarantors:  Roles:PZ Language of
teaching:
CS
Teachers:  Completion:Z,ZK
Responsible Department:13116 Credits:4 Semester:L

Anotation:

History of Econometrics, econometric models, input-output models, modelling of demand, time series models, production functions, linear regression models, simultaneous equations models, econometric analysis of economic situation

Course outlines:

1. Characteristics of Econometrics and its History. Econometric Models
2. Input- Output Models
3. Price Calculations and I-O models
4. Demand Models
5. Special Time Series Models
6. Autocorrelation
7. Exponential Smoothing
8. Production Functions
9. Linear Regression Models (LRM)
10. LRM for Forecasting
11. Problems in LRM and their Removal
12. Simultaneous Equations. Double-Stages Least Squares Method
13. Econometric Analysis of Economic Situation
14. Summary

Exercises outline:

1. Introduction
2. I-O Models - money units
3. I-O Models - natural units
4. Price Calculations in I-O Balance
5. Demand Models
6. Special Time Series Models
7. Autocorrelation.Exponential Smoothing
8. Control Test
9. Linear Regression Models
10. LRM for Forecasting
11. Problems in LRM and their Removal
12. Double-Stages Least Squares Method
13. Econometric Analysis of Economic Situation
14. Conclusion

Literature:

1. William H. Greene: Econometric Analysis,Oxford University Press,2008
2. Paul A Ruud: Introduction Classical Econometric Theory, Oxford University Press, 2005
3. Peter C.B. Phillips: Econometric Theory, Cambridge Uniersity Press, 2002

Requirements:

https://ekonom.feld.cvut.cz/web/index.php?option=com_content&task=section&id=7&Itemid=236

Webpage:

https://moodle.fel.cvut.cz/divize/13116/Katedra_ekonomiky__manazerstvi_a_humanitnich_ved

Subject is included into these academic programs:

Program Branch Role Recommended semester
MKEEM4_2018 Management of Power Engineering and Electrical Engineering PZ 4


Page updated 22.10.2019 17:51:28, semester: Z,L/2020-1, L/2018-9, Z,L/2019-20, Send comments about the content to the Administrators of the Academic Programs Proposal and Realization: I. Halaška (K336), J. Novák (K336)