Courses Bachelor Display 2020-2021

Course Description To PDF
Course title Introduction to Software in Econometrics, Operations Research and Actuarial Science
Course code EBS2043
ECTS credits 4,0
Assessment Whole/Half Grades
Period Start End Mon Tue Wed Thu Fri
3 11-1-2021 22-1-2021 X X X
Level Advanced
Coordinator Michael Eichler
For more information:
Language of instruction English
Development of software skills for Econometrics and Operations Research methods.
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.
Lecture notes.
Optimisation (EBC2105), Operations Research (EBC2106), Econometric Methods 1 (EBC2111).
Teaching methods (indicative; course manual is definitive) Lecture / Assignment / Papers / Groupwork
Assessment methods (indicative; course manual is definitive) Final Paper
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Econometrics and Operations Research Year 3 Compulsory Skill(s)