Course period: 3.
Year of study: 1.
Compulsory module

The main educational goal of the course is:

  • acquaint students with the principles of multivariate quantitative analysis suitable for business and/or economics,
  • teach students to apply appropriate sophisticated multivariate tools in solving practical problems in the field of economic practice,
  • to support students' awareness in the selection, evaluation, identification and interpretation of the results of applied multivariate quantitative methods used.

Brief module description:

  • Basic concept of multivariate quantitative methods in economics.
  • Multivariate regression analysis.
  • Multicollinearity.
  • Generalized linear model (GLM).
  • Regression trees.
  • Factor and principal component analysis.
  • Cluster analysis.
  • Discriminant analysis.
  • Logistic regression.