This course is designed to equip students with the knowledge and skills of econometric modelling and empirical analysis so that they can perform forecasts with economic and financial data. Topics include econometric approaches to forecasting, forecasting with ARIMA processes, unit root and co-integration tests, ARCH modelling, and forecast evaluation.

It also enables students to use econometric software packages to conduct empirical analysis and to discover the appropriate models to match the intended forecasting applications.  The computer software packages used in this course are WinRATS, EViews and SAS, which are essential tools for further studies and professional career development in the economic and finance areas.