No offerings have been identified for this subject in 2016
ECO240 Forecasting for Business (8)
Abstract| The subject describes introductory business forecasting techniques. It covers quantitative forecasting methods including, smoothing, time-series and regression techniques. Qualitative judgmental forecasting approaches are also described. Computer software is used to implement these techniques where appropriate. |
|
|
+ Subject Availability Modes and Location
Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: ECO240
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
|
|
Subject information| Duration | Grading System | School: |
|---|
| One session | HD/FL | School of Accounting and Finance |
|
|
Enrolment restrictions| Not available to students who have completed ECO250 |
|
|
Learning OutcomesUpon successful completion of this subject, students should:
be able to explain the importance of forecasting to economic and business decision making;
be able to competently employ quantitative business forecasting techniques;
be able to employ judgemental business forecasting techniques;
be able to use forecasting results as an aid to solve economic and business decision making problems. |
|
|
SyllabusThe subject will cover the following topics:
- the need and role for forecasting
- review of basic statistics
- computer software for forecasting
- smoothing method
- decomposition methods
- ARIMA forecasting methods
- regression methods for forecasting
- judgmental approaches to forecasting
- forecasting and business decision problems |
|
|
Back
The information contained in the 2016 CSU Handbook was accurate at the date of publication: 06 September 2016. The University reserves the right to vary the information at any time without notice.
