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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2011/2012

Mathematical Economics 1

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Code Completion Credits Range Language
818ME1 Z,ZK 5 2+2 Czech
Lecturer:
Petr Kubera (gar.)
Tutor:
Petr Kubera (gar.)
Supervisor:
Synopsis:

The aim of this course is to provide students with a knowledge of the selected models for economics decision. We focus on linear models and for scheduling projects and project management.

Requirements:
Syllabus of lectures:

Economic models, classification-introduction

Mathematical modeling, linear models formulation

Transportation theory: MODI method, degeneration

Assignment problem, traveling salesman problem: Hungarian algorithm

Application of graph theory in economic:spanning tree, flow control, shortest and longest path in weighted graph.

Project management: CPM method

Project management: analysis of cost, allocation of resources

Project management: PERT method

Production scheduling models: EOQ, POQ

Syllabus of tutorials:

The structure of exercises is identical to lectures. Exercises are focused on typical problems from each theme.

Economic models, classification-introduction

Mathematical modeling, linear models formulation

Transportation theory: MODI method, degeneration

Assignment problem, traveling salesman problem: Hungarian algorithm

Application of graph theory in economic:spanning tree, flow control, shortest and longest path in weighted graph.

Project management: CPM method

Project management: analysis of cost, allocation of resources

Project management: PERT method

Production scheduling models: EOQ, POQ

Study Objective:

Knowledge: The aim of this course is to provide students basic overview of methods for economics decision

Abilities: Students gains ability to select and use appropriate method for their decision.

Study materials:

Key references:

[1] Operational research - quantitative models for economic decision; Jablonský Josef; Professional Publishing; Praha 2004; (in Czech)

[2] Operational research; Jablonský Josef; VSE; Praha 2001; in czech

Recommended references:

[3] System engineering and decision; Dudorkin Jiří; FEL, ČVUT 2003, (in Czech)

[4] Economicals and mathematics methods; Vaněčková Eva; JČU; České Budějovice 1996; (in Czech)

Note:
Time-table for winter semester 2011/2012:
Time-table is not available yet
Time-table for summer semester 2011/2012:
Time-table is not available yet
The course is a part of the following study plans:
Generated on 2012-7-9
For updated information see http://bilakniha.cvut.cz/en/predmet24614505.html