ECON 542 Introduction to Economic Forecasting

Emphasizes the analytical and practical dimensions of learning how to work with large-scale forecasting models in predicting the behavior of major macroeconomic variables such as GDP, inflation, employment and interest rates. Analytical emphasis on time-series modeling; practical emphasis on hands-on applications using a large-scale econometric forecasting model of the United States economy and an introduction to the use of major private sector and governmental statistical series used in judgmental forecasting. Designed both for economics and management majors at graduate and advanced undergraduate levels and for those desiring a business-oriented approach to macroeconomics less theoretical in content than 241. Also see Enrollment Requirements.

Credits

3

Prerequisite

ECON 363 (formerly 463) and either MATH 112 or MATH 122