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Forecasting: An Essential Introduction

3 in stock

Firm sale: non returnable item
SKU 9780300244663 Categories ,
Select Guide Rating
Concise, engaging, and highly intuitive—this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics...

£19.99

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Description

Product ID:9780300244663
Product Form:Paperback / softback
Country of Manufacture:US
Title:Forecasting
Subtitle:An Essential Introduction
Authors:Author: David Hendry, Michael Clements, Jennifer Castle
Page Count:240
Subjects:Economic forecasting, Economic forecasting
Description:Select Guide Rating
Concise, engaging, and highly intuitive—this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops. In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting. They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world.   Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including  financial crises, the uncertainty of Brexit, and the Federal Reserve’s record on forecasting. This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.
Imprint Name:Yale University Press
Publisher Name:Yale University Press
Country of Publication:GB
Publishing Date:2019-04-23