EF3451 - Economic and Business Forecasting

Offering Academic Unit
Department of Economics and Finance
Credit Units
Course Duration
One Semester
Course Offering Term*:
Semester A 2021/22

* The offering term is subject to change without prior notice
Course Aims

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.

Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 50%
Examination: 50%
Examination Duration: 2 hours
Detailed Course Information


Useful Links

Department of Economics and Finance