Business Public Sec Forecast

3 Credits · Level: Graduate, Undergraduate

The course offers an in-depth analysis of private and public sector forecasting. The course provides a detailed discussion of long-term and short-term forecasting methods, including time series forecast and econometrical system equations. The course studies how these methods are applied to the private industrial forecast, national economic forecast, and specific forecasts related to the public sector. The course will also examine the role of the risk assessments. The course emphasizes a hands-on approach of model building. Students will build forecast models. Textbooks: There is no mandatory requirement for textbooks. Optional books include: Francis X. Diebold: Elements of Forecasting Ray Fair: Testing Macroeconometric Models Course Requirements: Students will be required to use computer statistical software to build forecasting models to complete homework assignments (20%) as well as a term paper (40%); there will be a final exam (40%). Participating in class discussion is greatly encouraged. For MA-APEC students. MAST graduate students need approval of APEC Program Director, Prof. Peracchi, to enroll.