Econometric methods and models in international business
Course: International business (compulsory study of two foreign languages)
Structural unit: Educational and scientific institute of international relations
Title
Econometric methods and models in international business
Code
ВБ.4.11.02
Module type
Вибіркова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
7 Semester
Number of ECTS credits allocated
3
Learning outcomes
"Econometric methods and models in international business" forms in the specialist economist-internationalist modern economic thinking and special knowledge for the analysis of economic systems operating in real conditions. Introduces students and gives them the skills and abilities to use modern methods of econometric analysis. Independently analyze and forecast the economic reality both at the level of the economy of the country as a whole and at the level of their individual regions, industries and enterprises. Econometric methods and models are widely used in management, marketing, finance
Form of study
Prerequisites and co-requisites
The discipline "Econometric methods and models in international business" is based on mathematical and economic knowledge. To master the discipline requires training in: matrix algebra, differential calculus, probability theory, mathematical statistics, economic theory, macro- and microeconomics, statistics, economic analysis. It is obvious that econometrics can be studied by students only when they have mastered the basic sections of mathematics for economists and gained knowledge of general economic disciplines.
Course content
Subject, method and objectives of the course
Mathematical modeling as a method of scientific knowledge of economic phenomena and processes
General linear econometric model
Multicollinearity
Generalized least squares method
Autocorrelation in econometric models of dynamics
Time series analysis (models and forecasting)
Estimation of parameters of the system of simultaneous structural equations
Recommended or required reading and other learning resources/tools
Planned learning activities and teaching methods
Lectures, seminars
Assessment methods and criteria
Evaluation is carried out according to the modular rating system. Assessment of students' knowledge is carried out by current control, and the final result of the student's work during the semester is evaluated on a 100-point scale.
Current control: answers and presentations (up to 40 points), written analytical individual and group tasks, case studies (up to 40 points), final modular test (up to 20 points). The credit is set based on the results of the student's work throughout the semester.
Language of instruction
Ukrainian
Lecturers
This discipline is taught by the following teachers
Departments
The following departments are involved in teaching the above discipline