Course detail
Economic Modelling in Maple
FP-PemPAcad. year: 2014/2015
The course is based on the possibilities of using the support computer system Maple for practical expansion of the knowledge of students which they acquired in theoretical courses (economics and quantitative disciplines), namely with the support of interactive methods.
Its contents are the formation of concrete economic models in their complexity, their analysis and application to selected problems of economical practice (especially of microeconomical and macroeconomical nature).
The modeling will utilize the methods of mathematical disciplines and the advantages of working, communication and presentation environment of the Maple system - especially its interactive, computational and visualization possibilities, animation, model and phenomenon simulations with predefined and interactively modifiable assistants, tutors, tasks, Maple-demo and video, click calculus etc.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Maple system provides a complex, dynamic, open and comfortable environment and a range of further attractive subsystems for its users.
These facts play a very important role in the overall structure of gaining habits not only at education in economic study programmes, but also in applications and in future economic practice.
Prerequisites
Basic computer skills are expected.
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Optional evaluation from seminars (for excellent or original achievements etc.) may influence the necessity to fulfill other duties that are otherwise required for obtaining a credit.
Course curriculum
1st week: Information about the course and terms. Methods of the economic modeling, economic analysis and its applications. Mathematical software Maple, interactive tools, information about how to use the system.
2nd to 4th week: Revision of the basic mathematic methods used in economic analysis. Information about the most important tools of Maple (work, communication and presentation environments). Information about the final assignment required for the exam.
5th to 12th week: Economic models and their analysis. Analysis of selected economic variables.
Thematic description:
5th week: Supply and demand model, market and equilibrium.
6th to 7th week: Flexibility models of supply and demand. Models of total incomes and total costs, profit and externalities.
8th week: Models of utility and consumer preference. Relation of consumer behavior and demand.
9th week: Production model.
10th and 11th week: Selected macroeconomic models, consumption, production, rent and macroeconomic equilibrium.
13th week: Review of previous classes. Additional information.
Seminars:
The seminars cover the topics covered in lectures and are in computer laboratories:
1st to 4th week: Information about the requirements and about the exam. Revision of the basic mathematic methods used in economic analysis. User interface of the Maple software. Information about the final assignment.
5th to 11th week: Concrete models of economic variables (covered in lectures).
12th week: Extensions of Maple. For example application center Maplesoft. Discussion about the final assignment and about the exam. Checking of homework and presentations of case studies.
13th week: Review of previous classes. Additional information. Check of all requirements needed before the exam.
Work placements
Aims
- economic theory in correspondence with empirical contents of real life economic environment
- support of interdisciplinary training
- complex approach to solving economic problems by using the Maple system.
Specification of controlled education, way of implementation and compensation for absences
Students do not have to state reasons for their absence in up to two seminars.
For additional absences students must submit an excuse.
The teacher has a full competency to judge the reasons for an absence.
Possible make-ups of missed classes are allowed by the teacher on an individual basis.
Attendance in seminars is subject to rules that are mentioned in other paragraphs of this document.
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Hřebíček J. and Kohout J. Úvod do systému Mpale. Fakulta informatiky MU Brno, Brno 2004. (CS)
Mezník I. Ekonometrie pro magisterské studijní programy. Akademické nakladatelství Cerm, s.r.o. Brno, Brno, 2004. (CS)
Recommended reading
Gander W. and Hřebíček J. Solving problems in Scientific Computing Using Maple and Matlab. Springer, Heidelberg 2004. (EN)
Griffiths W.E., Hill R.C. and Judge G.G. Learning and Practicing Econometrics. USA, 1992. (EN)
Groligová I. and Mandelík P. Makroekonomie. Akademické nakladatelství Cerm, s.r.o. Brno, Brno 2007. (CS)
Hušek R. and Pelikán J. Aplikovaná ekonometrie. Professional Publishing, Praha 2003. (CS)
Hušek R. Ekonometrická analýza. Ekopress. Praha 1999. (CS)
Karpíšek Z. Matematika IV. Akademické nakladatelství Cerm, s.r.o. Brno, Brno 2002. (CS)
Maroš B. and Marošová M. Základy numerické matematiky. PC-DIR Real, s.r.o., Brno 1999. (CS)
Seger J. and Hindls. R. Statistické metody v tržním hospodářství. Victoria Publishing. Praha 1995. (CS)
Slavin S. L. Microeconomics. Irwin McGraw-Hill, Boston 1996. (EN)
Škapa S. Mikroekonomie. 1. a 2. díl, Akademické nakladatelství Cerm, s.r.o. Brno, Brno 2005. (CS)
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Maple System.
3. Revision of needed concepts from economics (macro- and microeconomics).
4. Concrete mathematical models of economic quantities, their analysis and interpretation.
Exercise
Teacher / Lecturer
Syllabus
2. Repetitorium potřebných pojmů z ekonomie (makroekonomi a mikroekonomie).
3. Systém Maple, pracovní, komunikační a aplikační prostředí.
4. Konkrétní matematické modely ekonomických veličin (z empiricky zjištěných dat), jejich analýza a i nterpretace.