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C3 - Acquaintance with forecasting methods using simple linear and multiple regression analysis C4 - Ability to use simulation and econometric models to describe the present State and to predict the futurę performance of the organization.
SUBJECT EDUCATIONAL EFFECTS relating to knowledge: PEK_W01 The student has the knowledge about the steps of the econometric and simulation models' building. The student has the specialist knowledge in the field of quantitative and qualitative modeling and forecasting of the States and the processes in the organization. relating to skills: PEKJJ01 The student can build and use econometric and simulation models to solve the complex managerial problems. PEK_U02 The student is able to use quantitative methods to describe and forecast the processes and the results of the organization's performance. relating to social competences: PEK_K01 The student is able to forecast the multidirectional effects of the introduced changes. PEK-K02 The student perceives the need to enhance the analytic abilities and deepen the theoretical knowledge
PROGRAMME CONTENT
Form of classes - lecture			Number of hours
Lec 1	Class rules. Introduction to quantitative methods: definitions, basie concepts, goals		2
Lec 2	Econometric modeling		2
Lec 3	Econometric forecasts		2
Lec 4	Introduction to simulation		2
Lec 5	Steps in simulation study		2
Lec 6	Monte Carlo simulation method		2
	Total hours		12
Form of classes - class				Number of hours
Cl 1
Cl 2
Cl 3
	Total hours
Form of classes - laboratory				Number of hours
Lab 1		Class rules. Linear regression model		2
Lab 2		Time series forecasting model		2
Lab 3		Spreadsheet simulation model. Applications in marketing		2
Lab 4		Spreadsheet simulation model. Applications in finances		2
Lab 5		Discrete event simulation. Queuing problems. Service systems		2
Lab 6		Evaluation		2

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