Econometrics

Prerequisite:

Multiple Statistical Methods (16VSM)

The course is a substitute for:

Econometrics (X16EKM)

Lecturer:

Tutor:

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

History of Econometrics, econometric models, input-output models, modelling of demand, modelling of supply, modelling of production, Cobb-Douglas production function, linear regression models, simultaneous eguations models, simulation in Econometrics.

Requirements:

Syllabus of lectures:

1. Characteristics of Econometrics and Its History

2. Econometric Models. Input- Output Models

3. Price Calculations and I-O models

4. Market Equilibrium Model from Econometric Point of View

5. Demand models

6. Special Demand Functions

7. Time Series Models

8. Production Functions

9. Applications of Production Function

10. Linear Regression Models and Its Problems

11. Simultaneous Equations. Double-Stages Least Squares Method

12. Conjuncture Analysis

13. Income models

14. Simulation Possibility in Econometric Models

Syllabus of tutorials:

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 Demand Functions

7. Control Test

8. Time Series Models

9. Quality of Forecasts. Exponential Smoothing

10. Specific Problems of Time Series Analysis

11. Linear Regression Models

12. Double-Stages Least Squares Method

13. Conjuncture Analysis

14. Conclusion

Study Objective:

Study materials:

[1] Berndt, E.R.: The Practice of Econometrics, Classic and Contemporary. Addison - Wesley Publishing Company, 1991

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans:

• Ekonomika a řízení elektrotechniky a energetiky-inženýrský blok (compulsory elective course)
• Ekonomika a řízení elektrotechniky a energetiky-inženýrský blok (compulsory elective course)