Quantitative Fundamentals

(tylko po angielsku) Requirements in the area of:

• knowledge: shows acquaintance of problems and methods of algebra, mathematical analysis, descriptive statistics, mathematical statistics and basics of macroeconomics, microeconomics and finance

• skills: can perform basic mathematical operations, calculate chosen statistical measures

• competences (attitude): can individually use bibliography as well as prepare information on a selected topic

(tylko po angielsku) a) contact hours (with the participation of an academic teacher):

- lecture 15 h./1 ECTS

- seminar 30h/ 2 ECTS

b) non-contact hours (student's own work):

- studying literature 50h/ 1 ECTS

- preparation for the exam 50h/ 2 ECTS

The total number of hours for the course: 145h

The total number of ECTS points for the subject: 6 ECTS

(tylko po angielsku) 1. General requirements: Students are requested to complete required readings and prepare for seminars before attending.

2. Lecture attendance: Students have to arrive on time to class, stay the entirety of the class and keep absences to a minimum. I expect to be informed beforehand if you need to miss a class. To encourage this policy, a student who is not present in class more than one time will not be grade for course based on “collection of the points” but based on final exam.

3. Counseling: Individual or small group volunteer access to the counseling (during office hours). It is the responsibility of the student to seek help and ask questions when concepts presented in lecture or the textbook are not clear. However, if the student encounters the decline in scores, a counseling meeting may be initiated by the lecturer.

4. Examining during seminars: A series of short exercises are required to make up the total course grade – only for the students who attended the classes (one absence is acceptable). These exercises would be available for students during the whole course: lecture and seminar. Student collects the points which will be given for solving exercises, and at the end of course an appropriate grade would be given. Grades for course are setup according to the following scale:

Points Grade

Below 50 2.0 / F (Fail)

50 - 60 3.0 / E (Sufficient)

61 - 70 3.5 / D (Satisfactory)

71 - 80 4.0 / C (Good)

81 - 90 4.5 / B (Very good)

91 - 100 5/ A (Excellent)

Students who fail to collect a sufficient number of points or for those who has more than one absence, can attempt one time to catch up missed exercises (counseling meetings).

5. The final exam may include material from all reading assignments, all lectures, and all assignments. Grades for exam are setup according to the following scale:

% Grade

Below 50 2.0 / F (Fail)

50 - 60 3.0 / E (Sufficient)

61 - 70 3.5 / D (Satisfactory)

71 - 80 4.0 / C (Good)

81 - 90 4.5 / B (Very good)

91 - 100 5.0 / A (Excellent)

Student who gets 2.0 (Fail) as finale course grade can attempt two times to pass the extra final exam, but there will be no makeup of that exam if student receive grade 3.0 (Sufficient) or higher. Cheating is not acceptable in any form. Any evidence of cheating in exams will lead to annulling the grade and disciplinary procedure.

If student is not present for an exam, the missed grade will be dropped from the averaging process. If student miss in excess of one exam, a grade of 2.0 will be recorded for the second missed exam and averaged into the final grade.

5. Course changes: This course syllabus provides a general plan for the course. The instructor reserves the right to make changes to the syllabus; including: assignments (projects), timetable, and examinations, etc., in order to accommodate the needs of the class as a whole and fulfill the goals and objectives of the course. If changes are necessitated during the term of the course, the instructor will immediately notify students of such changes by e-mail communication and/or announcement in class.