BUSINESS AND ECONOMIC FORECASTING

Catalog description

The aim of this course is to give students a thorough working knowledge of forecasting fluctuations in business and economic data. Economic analysis is aimed at explaining the nature of the real world; the intent in this course is to integrate theory and application. The course covers standard methods such as moving averages and exponential smoothing, regression analysis, time-series decomposition, ARIMA models, etc., as well as subjective forecasting, with an emphasis on the importance of combining many kinds of forecasts. Cross-listed with ECON 329. Prerequisite: STAT 230.