This unit provides an introduction to economic forecasting. The topics covered usually 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 assignment 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. -- Course Website
Instructor: Dr Chris Heaton
Prerequisites: 27cp including (6cp at 200 level including (ECON241 or STAT272))
