2009 Course Handbook
ECON361: Economic and Business Forecasting
This unit provides an introduction to economic forecasting. The topics covered will usually include exponential smoothing, ARIMA and vector autoregression. 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: | D2 - Day; Offered in the second half-year |
| Staff Contact: | Mr Chris Heaton |
| Prerequisites: | ECON141 and (ECON200 or ECON201) |
| Corequisites: | |
| NCCWs: | BBA315 |
| Unit Designations: |
Social Science
Commerce; Economics |
| Assessed As: | Graded |
| Offered By: |
Department of Economics |
Timetable Information
For unit timetable information please visit the Timetables@Macquarie Website.