ECON 451 - Forecasting for Business and Economics

Credits: (3)

Instructional Method: Three hours lecture.
Prerequisites: STAT 200 and one of the following: MATH 126, MATH 169, or MATH 171.
In this hands-on course, students will learn how to make forecasts using business and economic data. Emphasis will be placed on identifying patterns in different types of data (trends, seasons, cycles, etc.), designing forecasting models, and evaluating model performance. Students will learn how to use SAS (a statistical software package favored by firms) for predictive analytics.