Advanced Economic and Business Forecasting
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General
Prefix
ECON
Course Number
670
Course ID
00016056-2023-03-26
Course Level
Graduate
Department/Unit(s)
College/School
Herberger Business School
Description
Economic and business forecasting methods; time series and regression-based techniques for short and long term forecasting.
Credits
Min
3
Max
3
Goals and Diversity
MN Goal Course
No
Cultural Diversity
No
Learning Outcomes
Outcome
Use different forecasting techniques to make accurate decisions in economic and business environments.
Outcome
Integrate the basics in regression analysis, time series analysis and their applications in forecasting.
Outcome
Analyze the trend, seasonal and cyclical issues of time series data in forecasting analysis.
Outcome
Apply the knowledge in Box-Jenkins, Exponential Smoothing and Vector Auto Regressive (VAR) Time Series forecasting models to provide better forecasts.
Outcome
Explain how to forecast with data driven forecasting methods.
Outcome
Analyze both single equation and multiple equation time series models to obtain forecasts.
Outcome
Construct forecast reports for higher level management for vital decision making.
Outcome
Obtain proficiency in different forecasting supported software packages.
Dependencies
Programs
ECON670
is a
completion requirement
for: