Modelling and Analysis of Economic Systems

Entry requirements: Basic skills in modelling, knowledge of concepts of statistics, finance and economic systems, analytical skills

Credits: 4

Course: Elective

Language of the course: Russian

Objectives

Students will:

  • Master theoretical foundation of mathematical modelling and analysis of economic systems
  • Perform mathematical modelling of economic development, growth and microeconomic processes
  • Analyze the structure of financial economic systems

Contents

– Theoretical foundation of modelling (system aspects of modelling in finance, methodological foundation of economic system modelling)
– Applied aspects of modelling (statistic and dynamic mathematical models in finance, modelling of economic growth and development, modelling of microeconomic processes)

Format

Lectures and practice sessions

Assessment

Attendance is mandatory. Students should complete all the assignments. The final grade is based on the student performance throughout the course.