2018-2019 Undergraduate Academic Catalogue 
    
    Mar 29, 2024  
2018-2019 Undergraduate Academic Catalogue [ARCHIVED CATALOG]

Add to Portfolio (opens a new window)

EC 425 - Applied Economic Forecasting

(3.00 cr.)

Prerequisite: EC 103 , EC 420  or ST 381 , MA 151  or MA 251 . A grade of C or better required in all prerequisites. Forecasts play a crucial role in the formation of economic policy and business decisions. As a result, accurate predictions of the future are critical for the public and private sector alike. This course introduces students to the techniques used by professional economists in business and government to model the complex processes generating data through time and to make real world forecasts. The steps and methods required to develop a forecast-from understanding the properties of time-series data to forecast evaluation-are defined. Topics include modeling trends, seasonality and cycles, ARMA and ARIMA models, forecast combination, vector-autoregression, and nonlinear methods. DS (Spring only)



Add to Portfolio (opens a new window)