Courses Bachelor Display 2015-2016

Course Description To PDF
Course title Forecasting for Economics and Business
Course code EBC2089
ECTS credits 6,5
Assessment Whole/Half Grades
Period Start End Mon Tue Wed Thu Fri
4 1-2-2016 1-4-2016 X/E X/E
Level Intermediate
Coordinator Gerard Pfann
For more information:
Language of instruction English
Understand the importance of knowing the mechanism that generated the data regarding the phenomenon about which a forecast is required;
Learn the basic tools for making forecasts including software (E-Views)
Learn and understand methods to investigate dynamic relationships between a series and influential exogenous variables;
Gain practical experience in analysing, modelling and forecasting a time series and reporting the results in course paper.
This course focuses on modern techniques in modelling time series and on the construction of simple dynamic models. The course will extensively cover the Box-Jenkins methodology, and extend to models with non-stationary data, forecasting with leading indicators and multivariate dynamic models (VAR).
The book by Diebold (2014), 'Forecasting' (available online).
This course can be chosen as an elective by students in the Bachelor program of IB, INF, IBE and IES. Students are expected to have a good foundation in quantitative methods, in particular statistics including knowledge about the multiple regression model.

Bowerman and O’Connell (2007), Business Statistics in Practice, 4th ed., McGraw-Hill, Chapters 1 to 12 give a good indication of the topics that students should have covered in earlier courses.
An advanced level of English.
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Assignment
Assessment methods (indicative; course manual is definitive) Final Paper / Participation
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Economics and Business Economics Specialisation Economics QE Electives
Bachelor Economics and Business Economics Specialisation Economics and Management of Information QE Electives
Bachelor Economics and Business Economics Specialisation International Business Economics QE Electives
Bachelor International Business QE electives
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