- Code EMET4312
- Unit Value 6 units
All activities that form part of this course will be delivered remotely
Accurate forecasting of future events and their outcomes is a crucial input into a successful business or economic planning process. This course provides an introduction to the application of various forecasting techniques. The methods include trend curve extrapolation, smoothing, autoregressions, regression modelling, leading indicators. The course also looks at techniques for the evaluation of performance of forecasting methods and examines the role of forecasts in the decision making process. Students will learn how to use the various techniques in real world forecasting applications.
Upon successful completion, students will have the knowledge and skills to:
- demonstrate an in-depth understanding of the various important concepts in forecasting and different approaches for modelling, trend, seasonality and persistence.
- use the analytical tools that econometricians employ to analyse data
- Tailor-make models for their applications and use them to produce forecasts
- Complete programming tasks, including reading and modifying existing codes
- Assignments (60) [LO 1,2,3,4]
- Personal project (40) [LO 1,2,3,4]
In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle.
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Students taking this course are expected to commit at least 10 hours per week consisting of 2 hours of lectures and a 1 hour of tutorial as well as 7 hours of private study.
Requisite and Incompatibility
You will need to contact the Research School of Economics to request a permission code to enrol in this course.
See Class Summary and Wattle site.
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.