Department of Econometrics was founded at the Prague University of Economics and Business in 1960, and currently guarantees study programs in all three study levels – bachelor program Mathematical Methods in Economics, master program Econometrics and Operations Research, and doctoral program of the same name. The Department also guarantees (together with the Department of Statistics and Probability) bachelor program Statistics and Econometrics.

The Department is focused mainly on mathematical modelling at micro- and macroeconomic levels, i.e. optimization, simulation, and other operations research models, and econometric models.