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Forecasting - An Essential Introduction (Paperback) Loot Price: R507
Discovery Miles 5 070
You Save: R68 (12%)
Forecasting - An Essential Introduction (Paperback): David Hendry, Jennifer Castle, Michael Clements

Forecasting - An Essential Introduction (Paperback)

David Hendry, Jennifer Castle, Michael Clements

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List price R575 Loot Price R507 Discovery Miles 5 070 You Save R68 (12%)

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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.

General

Imprint: Yale University Press
Country of origin: United States
Release date: June 2019
Authors: David Hendry • Jennifer Castle • Michael Clements
Dimensions: 216 x 140 x 15mm (L x W x T)
Format: Paperback - Trade
Pages: 240
ISBN-13: 978-0-300-24466-3
Categories: Books > Business & Economics > Economics > Economic forecasting
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LSN: 0-300-24466-5
Barcode: 9780300244663

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