Eco 480: Economic Forecasting
The objective of this course is to give students hands on experience in applied business and economic forecasting by introducing them to the process, tools and the practice of business and economic forecasting. Elementary statistical techniques and basic econometric models are introduced, as well as the use of statistical software. Students are expected to be familiarized with the basic process of analyzing economic data. In particular, they should be confident interpreting common economic indicators; extracting useful information from data; understanding basic ideas of forecasting literature; building and estimating econometric models, as well as evaluating performance of business and economic forecasts.