Units: 5
Hours: Lecture, 3 hours; discussion, 1 hour; laboratory, 1 hour; written work, 2 hours
Catalog page 228
Prerequisites: ECON 002 or ECON 002H or ECON 003 or ECON 004 or equivalent; ECON 107; or consent of instructor
Description: Provides a basic knowledge of forecasting and its applications, particularly by using business and eco- nomic data. Covers basic methods of forecasting, such as regression methods, exponential smoothing, algorithms, and autoregressive integrated moving average (ARIMA) methods. Also explores how to com- bine and evaluate various forecasts. Uses computer analysis extensively.