Quantitative Economics I

Teaching results

The graduate of the course is able to explain various microeconomic phenomena with economic models.
Abilities:
- Students will be able to formulate, solve and interpret economic models describing known microeconomic phenomena and interactions. Students will solve the models using the Python.
Skills:
- Graduates will gain current knowledge of economic theory at the micro level – the firm theory, the consumer theory, the risk theory and the general equilibrium theory – and at the macro level – the real business cycle theory.
Competencies:
- Students will be able to formulate and express the economic theoretical background needed in microeconometric analyzes used in modern research, in forecasts made by scientific research institutions or in the financial sector. Students are able to explain the basic economic processes, the effects of various shocks and policies.