English

5

Not applicable.

Of all faculties

The obtained knowledge and skills of the subject will enable the graduates the top and modern access in the processes of analyses and simulation in the national economy and private sector, organizations, firms, companies, banks, etc., especially in managerial, but also in economical and financial sphere.

The knowledge of basic math.

Not applicable.

The course contains lectures that explain basic principles, problems and methodology of the discipline, and exercises that promote the practical knowledge of the subject presented in the lectures.

The credit will be granted in case of hand in the final assignment solving the problém from the practice by means of theory of fuzzy logic in Excel.
The exam will be classified according ECTS. The way of implementation is in the form of test with in the range 0-20 points. A:20-19;B:18-17;C:16-15;D:14-13;E:12-11;F10-0.

1. Fuzzy logic (FL): To be familiar with the basic notions and fuzzy logic rules, creation of models. The presentation of cases of application of fuzzy logic in decision making processes e.g. managerial and investment decision making, prediction, etc.
2. Artificial neural networks (ANN): To be familiar with the basic notions in the area of artificial neural networks, presentation of the notation perceptron, multilayer neural network and their parameters. The applications cover investment decision making, estimations of the price of products, real properties, evaluation of value of client, etc.
3. Genetic algorithms (GA): To be familiar with the principles of genetics, the analogy between nature and math description that enables the solution of decision making of problems. The use in the area of optimization of wide spectrum of problems is mentioned - the optimization of investment strategy, production control, cutting plans, curve fitting, the solution of traveling salesman, cluster analyses, etc.
4. Chaos theory: The theory deals with the possibilities of better description of economic phenomena than the classical methods do. The notion chaos, order and fractal are clarified, the use of this theory to determinate the level of chaos of measured and watched system is mentioned.

Not applicable.

The aim of the course is to get acquainted with some advanced and non-standard methods of analysis and simulation techniques in economy and finance by the method of explanation of these theories, to become familiar with these theories and their use.

The participation in lectures and trainings are not checked.

Not applicable.

Not applicable.

DOSTÁL, P.: Advanced Decision making in Business and Public Services, Akademické nakladatelství CERM, 2011 Brno,ISBN 978-80-7204-747-5.
THE MATHWORKS. MATLAB – User’s Guide, The MathWorks, Inc., 2011.

ALTROCK,C. Fuzzy Logic &Neurofuzzy, Book & Cd Edition, 1996, 375 s., ISBN 0-13-591512-0
GATELY, E. Neural Network for Financial Forecasting, John Wiley & Sons Inc., 1996, 169 s., ISBN 0-471-11212-7
DAVIS,L. Handbook of Genetic Algorithms, Int. Thomson Com. Press, 1991, 385 s., ISBN 1-850-32825-0
PETERS, E. Fractal Market Analysis, John Wiley & Sons Inc., 1994, 315 s., SBN 0-471-58524-6
REBEIRO,R.R., ZIMMERMANN,H.J. Soft Computing in Fin. Engineering, Spring Verlag Comp.,1999,509s.,ISBN3-7908-1173-4.
JANÍČEK, P. Systémové pojetí vybraných oborů pro techniky, CERM, Brno, 2007, 1234 s., ISBN 978-80-7204-554-9.

13 hours, optionally

Work on assignment.