EC2100:03
Forecasting 2
Townsville
Prerequisites: EC1101 or MA1401
26 lectures, 24 tutorials. First semester.
Staff: Dr P Kim.
Quantitative forecasting techniques which are useful in the business and commercial environment. The techniques will range from simple smoothing methods to statistical procedures. Strong emphasis will be given to applications of forecasting techniques. Real data sets from finance, tourism, marketing, management and economics will be used to meet the demands of students from a wide range of disciplines.
It is assumed that students have knowledge of basic statistics (EC1101 Statistics for Managers or equivalent). Applications are conducted by using statistical package SPSS. SPSS is a windows based software which is reasonably easy to use.
Learning Objectives:
- have a good knowledge of forecasting theory and techniques at the intermediate level.
Assessment by assignments (20%); end of semester examination (80%).
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