ECON 4760:Business Forecasting

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: 60 credit hours with a minimum GPA of 2.0, and [(ECON 4710 and Admission to the Coles College Undergraduate Professional Program) or ((ECON 4710 or STAT 3130) and student in a Coles College Partner Program that includes this course.)]
Econometric and time series methods for forecasting business and economic data are introduced. Specific topics include: basic graphic methods for analyzing data; modeling forecasting trend and seasonality; ARMA modeling of time series; unit root and ARIMA process; forecasting volatility; evaluation and comparison of forecasting models.