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ECON361: Economic and Business Forecasting

This unit provides an introduction to economic forecasting. The topics covered usually include exponential smoothing, ARIMA and vector auto regression. The emphasis of the unit is on producing sound solutions to practical forecasting problems, rather than proving theoretical results for their own sake. The unit material is illustrated with applications to forecasting problems in economics and business, and the assignment requires students to produce their own forecasts. Practical work is carried out using a simple statistical 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
Contact Hours: 3
When Offered:

D1 - Day; Offered in the first half-year

Staff Contact(s): Dr Chris Heaton
Prerequisites:

(ECON141 or ECON241 or STAT272) and (ECON200 or ECON201 or ECON203 or ECON204)

Corequisites:

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

Commerce; Economics

Social Science

Assessed As: Graded
Offered By:

Department of Economics

Timetable Information

For unit timetable information please visit the Timetables@Macquarie Website .

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