Forecasting an essential introduction

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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.

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Taal: en

Bindwijze: Paperback

Oorspronkelijke releasedatum: 23 april 2019

Aantal pagina's: 240

Kaarten inbegrepen: Nee

Illustraties: Met illustraties

Hoofdauteur: David Hendry

Tweede Auteur: Jennifer Castle

Co Auteur: Michael Clements

Hoofduitgeverij: Yale University Press

AI-gegenereerd: Nee

Dyslexievriendelijk: Nee

Extra groot lettertype: Nee

Product breedte: 140 mm

Product lengte: 216 mm

Studieboek: Ja

Verpakking breedte: 133 mm

Verpakking hoogte: 21 mm

Verpakking lengte: 215 mm

Verpakkingsgewicht: 499 g

eWaste: Nee

EAN: 9780300244663

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