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Economic and Business Forecasting - ECON361

This unit provides an introduction to quantitative economic forecasting. The broad topics covered include exponential smoothing, ARIMA and vector autoregression. The emphasis of the unit is on the practical aspects of forecasting. Theory is developed only to the point necessary to understand the forecasting procedures introduced in the unit. Students are given regular forecasting exercises throughout the unit. Practical work is carried out using an econometric software package. The objective of the unit is to produce graduates who understand the nature of forecasting problems and can produce sound forecasts for use in business and economic analysis.

Credit Points: 3
When Offered:

S1 Day - Session 1, North Ryde, Day

Staff Contact(s): Dr Chris Heaton
Prerequisites:

27cp at 100 level or above including (6cp at 200 level including (ECON241 or STAT272)) Prerequisite Information

Corequisites:

NCCW(s): BBA315
Unit Designation(s):

Commerce

Science

Unit Type:
Assessed As: Graded
Offered By:

Department of Economics

Faculty of Business and Economics

Course structures, including unit offerings, are subject to change.
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