# Business Statistics

- Credits: 5
- Ending: Examination
- Range: 2P + 2C
- Semester: summer
- Year: 2
- Faculty of Business Economics with seat in Košice

## Teachers

## Included in study programs

**Teaching results**

The main educational goal of the course is:

• acquaint students with the basic principles and knowledge of index theory,

• teach students to perform elementary analysis of time series, decomposition of time series,

• acquire knowledge of basic demographic phenomena and processes,

• to teach students the essence of theoretical and practical knowledge about the development and state of socio-economic characteristics in Slovakia and other countries,

• provide students with the opportunity to improve their analysis work with MS-Excel,

• gaining an analytical approach to solving economic problems that can be applied to the field of economic practice.

Knowledge:

Successful graduates of the course will gain knowledge of index theory, time series analysis, basic demographic processes, calculation, and analysis of socio-economic characteristics, which can apply in decision-making in various areas of economic practice and will use them appropriately in the study of other economic subjects, final thesis processing.

Skills:

The graduate is able to implement, perform elementary analysis of time series, seasonal decomposition of time series, apply individual and summary indices and their differences to assess the impact of partial factors on changes in analyzed variables, solves analyzes in MS-Excel, draws relevant conclusions from applied procedures. The student applies the acquired theoretical knowledge to solve specific economic problems.

Competences:

After completing the course, student is able to solve and analyze problems of economic practice, can think analytically and solve problems using indices, apply elementary analysis of time series, as well as decomposition of time series, is able to use basic databases for selecting a set of socio-economic and demographic indicators.

**Indicative content**

Lectures:

1. Index theory. Ratio numbers.

2. Individual indices.

3. Aggregate indices, decomposition of indices.

4. Descriptive analysis of time series.

5. Seasonality and seasonal decomposition of time series.

6. Demographic phenomena and processes.

7. Fertility, fertility, mortality.

8. Marriage, divorce, migration, population growth.

9. Socio-economic indicators.

10. Databases and data sources of socio-economic and demographic indicators.

11. Macroeconomic indicators.

12. Development of socio-economic and macroeconomic indicators in Slovakia and the EU.

13. Reserve.

Exercises:

1. Index theory. Ratio numbers.

2. Individual indices.

3. Aggregate indices, decomposition of indices.

4. Descriptive analysis of time series.

5. Seasonality and seasonal decomposition of time series.

6. Demographic phenomena and processes.

7. Fertility, natality, mortality.

8. Marriage, divorce, migration, population growth, population changes.

9. Socio-economic indicators. Macroeconomic indicators.

10. Databases and data sources.

11. Written examination.

12. Semester assignments and discussion.

13. Semester assignments and discussion.

**Support literature**

1. MEGYESIOVÁ, S. (2014). Hospodárska štatistika. Bratislava : Statis, 2014.

2. HURBÁNKOVÁ, Ľ. - SIVAŠOVÁ, D. (2018) Hospodárska štatistika I. Bratislava: Vydavateľstvo EKONÓM, 2018.

3. LÖSTER, T. - ŘEZANKKOVÁ, H. - LANGHAMROVÁ, J. (2009). Statistické metody a demografie. Praha : VŠME, 2009.

4. TRIOLA, M. P. (2009) Elementary Statistics. 11th Edition. New York: Addison Wesley, 2009.

5. LEVIN, J.A. – FOX, J.A. (2010). Elementary Statistics in Social Research: Essentials. ISBN-13: 978-0205638000. Pearson, 2010.

6. COHEN, B.H. – BROOKE Lea, R. (2003). Essentials of Statistics for the Social and Behavioral Sciences. ISBN-13: 978-0471220312. Wiley, 2003.

7. ARON, A., COUPS, E. and ARON, E. (2010). Statistics for the Behavioral and Social Sciences: A Brief Course. ISBN-13: 978-0205797257. Pearson, 2010.

8. LUNDQUIST, J.H., ANDERTON, D.L. and YAUKEY, D. (2014). Demography: The Study of Human Population. ISBN-13: 978-1478613060. Waveland Press, Inc., 2014.

**Syllabus**

Lectures: 1. Index theory. Ratio numbers. 2. Individual indices. 3. Aggregate indices, decomposition of indices. 4. Descriptive analysis of time series. 5. Seasonality and seasonal decomposition of time series. 6. Demographic phenomena and processes. 7. Fertility, fertility, mortality. 8. Marriage, divorce, migration, population growth. 9. Socio-economic indicators. 10. Databases and data sources of socio-economic and demographic indicators. 11. Macroeconomic indicators. 12. Development of socio-economic and macroeconomic indicators in Slovakia and the EU. 13. Reserve. Exercises: 1. Index theory. Ratio numbers. 2. Individual indices. 3. Aggregate indices, decomposition of indices. 4. Descriptive analysis of time series. 5. Seasonality and seasonal decomposition of time series. 6. Demographic phenomena and processes. 7. Fertility, natality, mortality. 8. Marriage, divorce, migration, population growth, population changes. 9. Socio-economic indicators. Macroeconomic indicators. 10. Databases and data sources. 11. Written examination. 12. Semester assignments and discussion. 13. Semester assignments and discussion.

**Requirements to complete the course**

individual work, written work

combined exam

• written examination – 30 %

• semester assignment – 10 %

• combined exam – 60 %

**Student workload**

• participation in lectures - 26 hours

• participation in exercises - 26 hours

• preparation for exercises - 26 hours

• preparation for the semester test - 12 hours

• preparation of the semester assignment - 12 hours

• preparation for the exam - 28 hours

Total: 130 hours

**Language whose command is required to complete the course**

Slovak

Date of approval: 23.02.2022

Date of the latest change: 25.01.2022