SUBJECT

Title

Market analysis

Type of instruction

lecture

Level

master

Part of degree program
Credits

3

Recommended in

Semesters 1-4

Typically offered in

Autumn/Spring semester

Course description

Description of the current state of some market (e.g. wholesale food markets, electric power markets, the world market of wheat and maize); price elasticities, models using price elasticities, determination of price elasticities from real life data; dynamic models, trajectories in linear and non-linear models; attractor, Ljapunov exponent, fractals, measurement of Ljapunov exponents and fractal dimension using computer.