Course: Statistic Methods in Economics

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Course title Statistic Methods in Economics
Course code UMKM/PSME
Organizational form of instruction Lecture + Tutorial
Level of course Master
Year of study not specified
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory, Compulsory-optional, Optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Kubanová Jana, doc. PaedDr. CSc.
  • Zapletal David, Mgr. Ph.D.
  • Slavíček Ondřej, Mgr. Ph.D.
  • Brebera David, Mgr.
Course content
Hypothesis testing - parametric and nonparametric tests, Kolmogorov-Smirnov test, tests for normal distribution. Analysis of variance, test about population variances. Multidimensional nonparametric tests. Regression analysis, multidimensional model of linear regression. Measures of variability for simple linear regression. Confidence intervals for parameters and values of the regression line. Hypothesis testing about values of parameters of the regression line. Infringement of basic linear model conditions (heteroscedasticity, tests of heteroscedasticity). Autocorrelation, tests of autocorrelation, multicollinearity. Non-linear models not transferable to linear form. Logictic regression and its aplications. Correlation analysis. Hypothesis testing about correlation coefficient. Confidence intervals for correlation coefficient. Sample correlation coefficient of partial and multicorrelation. Coeficient of tetrachoric correlation, coeficient biserial correlation. Multidimensional statistic methods - method of basic components, factor analysis, principles, application. Cluster analysis - methods, discriminate analysis.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book)
Learning outcomes
The aims of the subject is to acquaint student with other advanced methods of mathematical statistics, above all multidimensional statistics and with econometrics principlesStudent will learn wide spectra of applications in economic and other socioscientific branches including data processing methodology and data plotting methodology.
Student will be able to simulate and evaluate processes associated with economic and social phenomenon. Student will be able to use a suitable statistical software.
Prerequisites
Prerequisite for successful mastering of this subject is knowledge of mathematics, probability theory and statistics within the range taught at universities.

Assessment methods and criteria
Oral examination, Written examination, Student performance assessment

Assignment-completion of all given tasks and passing the written test. Examination is written and oral,comprises of two parts, theoretical and practical.
Recommended literature
  • Anděl,J. Matematická statistika. SNTL Praha, 1978.
  • Hatrák M. Ekonometrické metódy I. EU Bratislava 1993, 1993.
  • Kubanová J. Statistické metody pro ekonomickou a technickou praxi. Statis Bratislava, 2004. ISBN 80-85659-379.
  • Víšek,J.,A. Statistická analýza dat. ČVUT 1998, 1998.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2015) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional Development (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional Development (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Information Management (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2016) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Information Management (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional Development (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Informatics in Public Administration (2014) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Informatics in Public Administration (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional Development (2013) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer