Courses Bachelor Display 2019-2020
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| Course Description | To PDF | |||||||||||||||||||||||||||||||||||||||
| Course title | Introduction to Software in Econometrics, Operations Research and Actuarial Science | |||||||||||||||||||||||||||||||||||||||
| Course code | EBS2043 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 4,0 | |||||||||||||||||||||||||||||||||||||||
| Assessment | None | |||||||||||||||||||||||||||||||||||||||
| Period |
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| Level | Advanced | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Nalan Bastürk, Célia Paquay For more information: n.basturk@maastrichtuniversity.nl; c.paquay@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
Development of software skills for Econometrics and Operations Research methods.
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| Description |
In this skills course students will acquire the necessary skills in order to use computer software to solve problems in Econometrics & Operations Research. These skills are needed for many Bachelor thesis topics. Students can choose to work on either the Econometrics or the Operations Research part.
Econometrics part: Students will be trained to use the software R. Applications using the software R will be based on Bayesian inference of a set of standard econometric models. Special attention will be given to the development of computational algorithms such as Markov chain Monte Carlo. Operations Research part: Students will acquire the skills to model optimization problems as (integer) linear programs and to solve such programs using the software package CPLEX as a Java library. Being able to model business and economics problems as linear programs and being able to solve them efficiently is essential in business and research. |
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| Literature |
Lecture notes.
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| Prerequisites |
Optimisation (EBC2105), Operations Research (EBC2106), Econometric Methods 1 (EBC2111).
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| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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