Course detail

Research Methods in Economics

FP-vmePAcad. year: 2021/2022

An integral part of university studies is creative activity, which is further deepened in the master's degree. This emphasis on creative activity is based not only on the requirements of the academic sphere, but also on business practice, which requires graduates of the master's degree to take an innovative approach, quality knowledge of the researched reality and ultimately independent solutions. The course follows primarily on the elaboration of the diploma thesis as a support for improving the quality of the outputs of the analytical part in order to increase the quality of subsequent proposals.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will get acquainted with the research process, its rules and procedures. Students will know the basic research approaches, methods and techniques of data collection used in them. Students will be able to independently choose a suitable approach and methods of data collection with respect to the selected issue in order to answer the research question and fulfill the goal. Students will be able to prepare a research report and present its results. Students will learn to practically apply research methods and techniques and apply them in the thesis.

Prerequisites

The course requires the following knowledge and skills of the student: statistical data analysis, probabilistic statistics, basic knowledge in the field of literature search, the ability to collect and analyze data, data interpretation, the ability to present project results.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching takes place in the form of lectures, which have the character of an explanation of the basic principles, methodology of the discipline and problems. Exercises mainly support the practical mastery of the material presented in lectures. Discussions, individual and team work are used in lectures and exercises.

Assesment methods and criteria linked to learning outcomes

Course completion:
The final evaluation of students will be based on the quality of processing an individual research project, including the presentation and passing an exam in the form of a test of theoretical assumptions. Both activities are mandatory in case of completion of the course.
Completion of the course for students with individual study (ISP):
After submitting the approved plan, the student must complete activities in the form of elaboration and submission of an individual research project to the teacher and pass an examination in the form of a test of study prerequisites. The condition is that the student submits a completely developed project to the teacher no later than one week before the exam. Both activities are mandatory in case of completion of the course.
The final evaluation of the research project is based on the quality of the critical analysis of the literature search and the selection of a suitable research strategy and methods. Furthermore, the analysis and processing of data, including conclusions.
The total number of points that a student can obtain is 70 points, which is divided according to the qualitative evaluation criteria as follows:
• 20 points - formulation of the research question and goal (10b), literature search and setting of the research framework (10b),
• 20 points - choice of research approach (10b), chosen method and technique of data collection (10b),
• 15 points - analysis, evaluation and interpretation of data (10b), discussion and formulation of conclusions (5b)
• 15 points - contribution to practice or academic field (10b), presentation of research results (5b).

The minimum number of points to complete the activity is 30 points. If the student does not achieve the minimum required number of points from the project, he / she will be informed by the teacher, including obtaining detailed feedback for editing or reworking. The student re-submits the project to the teacher's email no later than one week before the last date of the exam in the form of a test of the study prerequisite.
The exam will be composed of a range of topics based on lectures for the full-time form of study. The student chooses and chooses from 10 questions the correct answer of type a), b), c), d), while for the correct answer 3 points and for none or incorrect 0 points. The total time to complete the test is 20 minutes.
The student must obtain at least 50% of points (ie 16 points) from the test of the study prerequisite. If the student does not obtain at least the mentioned 50% of points in the first term, he / she has the opportunity to write a corrective test on the date set by the teacher. The test of study prerequisites is a mandatory part of the course completion.

PARTIAL AND OVERALL EVALUATION:
1) Individual research project - 0-70 points. (min. 30 points).
2) Test of study prerequisites - 0-30

Course curriculum

LECTURES:
1. Introduction to the subject, evaluation conditions and required activities, definition of basic concepts in the field, specifics of research in international economics and trade, research process and its critical factors.
2. Determination of research goals and questions, the state of scientific knowledge, data sources for literary research, conceptualization of the topic, theoretical framework and hypothetical model. Research approaches: primary vs secondary, qualitative vs quantitative, pilot study and pre-research, cross-sectional and longitudinal study, triangulation category.
3. Part 1: Quantitative research and its methods of data collection, implementation process, preparation and data collection in quantitative research, hypothesis determination, operationalization of research, level and unit of analysis, sample determination and its representativeness, validity and reliability.
4. Part 2: Qualitative research and its methods of data collection, implementation process, data preparation and collection, qualitative sampling, types of questions, analysis and interpretation of qualitative data (transcription and coding of data), visualization of results.
5. Processing of research results into a research project / report, interpretation and discussion of data, proposals for recommendations for practice, preparation for the presentation of research results, citation standards.
6. Individual implementation of research by the student (desk research or field).
7. Individual implementation of research by the student (desk research or field).

EXERCISES:
1. Introduction, procedure for selection and determination of research issues, generation of research ideas.
2. Formulation of a central research question and goal, conducting a literature search and searching for sources, working with Google tools, conceptualization, decisions on a research approach.
3. Preparation and collection of data in quantitative research, hypothesis determination, level and unit of analysis, operationalization, sample determination and representativeness, validity and reliability, archival research, work with data retrieval in the Orbis Europe database.
4. Preparation and collection of data in qualitative research, qualitative sampling, types of questions, analysis and interpretation of qualitative data (transcription and coding of data), displaying results.
5. Individual implementation of research by the student (desk research or field).
6. Individual implementation of research by the student (desk research or field).
7. Processing the presentation of research results.

Work placements

Not applicable.

Aims

The aim of the course is to acquaint students with the methodology of research work and to deepen knowledge and skills in the implementation of research of future graduates for practice in international economics and trade. The course is based on the theoretical foundations of laws, procedures and rules of conducting research throughout the research process so that the student is individually able to choose the appropriate approach, method and technique of data collection, analyze and interpret data to meet the goal or answering a research question.
The student individually chooses the issues that will be processed through selected research methods and data collection techniques, namely: 1) "in the field" (primary data collection) or by performing 2) "desk research" (secondary data collection) or 3) special categories of research falling under the issues of experiments, modeling and simulations.

Specification of controlled education, way of implementation and compensation for absences

Attendance at lectures is not mandatory, but is controlled. Attendance at the seminars is controlled and mandatory and only one absence is allowed.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

FORET, Miroslav, and Jana STÁVKOVÁ. Marketingový výzkum. 1. vyd. Praha: Grada 2003. 159 s. ISBN 80-247-0385. (CS)
HENDL, J. Kvalitativní výzkum. Základní teorie, metody a aplikace. 3. vyd. Praha: Portál, 2012. 407 s. ISBN 978-80-262-0219-6. (CS)
HINDLS, Richard, Stanislava HRONOVÁ a Jan SEGER, 2006. Statistika pro ekonomy. 6. vyd. Praha: Professional Publishing, 415 s. ISBN 80-86419-99-1. (CS)
KOZEL R. Moderní marketingový výzkum. 1. vyd. Praha: Grada, 2006. 277 s. ISBN 978-80-247-0966-X; 2013. (CS)
SAUNDERS, M., P. LEWIS a A. THORNHILL. Research methods for business students. 6th ed. Harlow: Pearson, c2012. ISBN 978-0-273-75075-8. (EN)
ŠIROKÝ, J. Tvoříme a publikujeme odborné texty. Brno: Computer Press, 2011. ISBN 978-80-251-3510-5 (CS)
WONNACOTT, T. H. a R. J. WONNACOTT. Statistika pro obchod a hospodářství. Praha: Victoria Publishing, 1993. ISBN 80-85605-09-0. (CS)

Recommended reading

PAVLICA, K. Sociální výzkum, podnik a management: průvodce manažera v oblasti výzkumu hospodářských organizací. Praha: Ekopress, 2000. ISBN 80-86119-25-4.
SURYNEK, A. Základy sociologického výzkumu. Praha: Management Press, 2001. ISBN 80-7261-038-4.

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-UFRP-D , 2 year of study, winter semester, elective

  • Programme MGR-MEO Master's 2 year of study, winter semester, compulsory
  • Programme MGR-UFRP Master's 2 year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

13 hod., optionally

Teacher / Lecturer

Syllabus

1. Science and research, their importance and function in management. Methodology of research in management.
2. Fundamentals of research work in management. Research theme, idea, research problem and its formulation. Hypothesis formulation.
3. Stages of research activities. Research plan. Problem of the research file.
4. Research methods and techniques in management, sorting them. Study of documents as a research method. Quantitative and qualitative data analysis.
5. Method of observation in control. Types, characteristics, use.
6. Method of questioning in control, its characteristics, use.
7. Experimental methods in control. Types of experiment, realization, evaluation.
8. Methods of measurement (scaling, tests) in control.
9.Qualitatively oriented research,
10. Data processing.
11. Processing of research results.
12. Presentation of research results.
13. Ethics in research work.

Exercise

13 hod., compulsory

Teacher / Lecturer

Syllabus

1. Selection of research topics.
2. Creation of research plan.
3. Selection of research methods.
4. Research in the practice.
5. Research in the practice.
6. Research presentation.
7. Research presentation..