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Terminated in academic year 2022/2023

Analysis of Economic Information

Type of study Bachelor
Language of instruction Czech
Code 151-0351/05
Abbreviation AEI
Course title Analysis of Economic Information
Credits 3
Coordinating department Department of Mathematical Methods in Economics
Course coordinator doc. Ing. Václav Friedrich, Ph.D.

Subject syllabus

LECTURES:
1. Subject and instruments of economic and social statistics.
2. Individual and aggregate indices.
3. Price and volume indices, spatial comparison.
4. Forecasting, future development scenarios.
5. Time series and their decomposition.
6. Time series modelling methods.
7.
EXERCISES:
1. System of economic and social statistical indicators of the Czech Republic.
2. Data processing from public databases of the CZSO and MF CR.
3. Individual simple and compound indices.
4. Summary indices, analysis of heterogeneous data.
5. Price and volume indices in economic practice.
6. Spatial comparison indices.
7. Selected subjective methods of forecasting.
8. Future development scenarios, scenario creation.
9. Time series and their basic properties.
10. Basic methods of time series trend modelling.
11. Exponential time series balancing.
12. Boxing-Jenkins methodology (ARIMA).
13. – 14.

E-learning

The education is supported by e-learning course in LMS Moodle.
The e-course includes study materials and supporting materials for lectures and exercises.
Using LMS Moodle, students complete credit assignments, submit projects and sign up for individual consultations.

Literature

GIOVANNINI, Enrico. Understanding the World Economy: Through OECD Statistics. Paris: Organization for Economic Co-operation and Development (OECD), 2008. ISBN 978-92-64-03312-2 . Available from: https://www.oecd.org/std/41746710.pdf
ALLEN, R G D. Index Numbers in Economic Theory and Practice. London and New York: Palgrave MacMillan, 2017. ISBN 978-1349023134 .
WAGNER, William E. Using IBM® SPSS® Statistics for Research Methods and Social Science Statistics. 7th Edition. Los Angeles: SAGE Publications, 2020. ISBN 978-1506389004 .

Advised literature

SCHUTT, Russell K. Understanding the Social World: Research Methods for the 21st Century. 2nd Edition. Los Angeles: SAGE Publications, 2021. ISBN 978-1544334684 .
BALK, Bert M. Price and Quantity Index Numbers: Models for Measuring Aggregate Change and Difference. Reprint Edition. Cambridge: Cambridge University Press, 2012. ISBN 978-1107404960 .
PALLANT, Julie. SPSS Survival Manual: A step by step guide to data analysis using IBM SPSS. 7th Edition. London: Routledge, 2021. ISBN 978-0367719463 .


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