Students acquire the information theory fundamentals which are then able to apply in the design of communication systems and devices. After the course the student should have the following skills: 1) Be familiar with the principles of probabilistic graphical model systems and algorithms on graphical models with emphasis on the Belief-Propagation (BP) algorithm, 2) Obtain an overview of iterative development solutions in the field of error correction coding with emphasis the Turbo and Low-Density Parity-Check (LDPC) codes and corresponding versions of iterative decoders 3) Obtain an overview of new techniques of information protection at packet level based on iterative principles with emphasis on Digital Fountain (DF) codes