James Cook University Subject Handbook - 2011

BX3025 - Forecasting

Credit points: 03
Year: 2011
Student Contribution Band: Band 3
Administered by: School of Business

Forecasting is extremely important to finance and accounting executives, business economists and managers at all levels. This subject deals with quantitative and qualitative forecasting techniques, which are useful in the business and commercial environment. Topics include simple na?ve methods, smoothing techniques, regression approaches, Box-Jenkins' ARIMA, combining forecasts, and Delphi method of forecasting. Strong emphasis will be given to applications of forecasting techniques to real data arising from accounting, economics, finance, marketing, management and tourism to meet the demands of students. Applications are conducted by using Excel-based ForecastXTM Software and scientific calculator, for example, Casio-fX100AU, Casio fX-82MS or the like for better understanding the calculations involved in forecasting.

Learning Outcomes

Graduate Qualities

Prerequisites:BU1007 OR BU1010 OR MA1401 OR MA2401
Inadmissible
Subject
Combinations:
BX2225 EC2100 EC5211

Availabilities

Townsville, Internal, Study Period 1
Census Date 24-Mar-2011
Coord/Lect: Dr Rabiul Beg.
Contact hours:
  • 24 hours lectures - Face-face teaching using computer
  • 12 hours tutorials - Solution procedures of exercises
  • 4 hours workshops/Seminars - Demonstration and problem solving
    Assessment:end of semester exam (% - 30%); other exams (% - 30%); tutorial attendance and participation (% - 10%); assignments (% - 30%).

    Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.