Economic Forecasting (Economic Issues, Problems and Perspectives)
Book information
Description
Economic forecasting is the process of making predictions about the economy as a whole or in part. Such forecasts may be made in great detail or may be very general. In any case, they describe the expected future behaviour of all or part of the economy and help form the basis of planning. Economic forecasting is of immense importance as any economic system is a stochastic entity of great complexity and vital to the national development in the information age. Forecasts are required for two basic reasons: the future is uncertain, and the full impact of many decisions taken now might deviate later. Consequently, accurate predictions of the future would improve the efficiency of the decision-making process. In particular, the knowledge of future demand for products and services is imperative to all industries since it is a prerequisite for any viable corporate strategy. This new and important book gathers the latest research from around the globe in this field and related topics such as: the econometric modelling and forecasting of private housing demand, the nonparametric time-detrended Fisher effect, and others.
Similar books
Прогнозирование развития бизнеса, или Как узнать, где найдете и потеряете
FB2
Экономические сценарии
Природно-климатические факторы и развитие социально-экономических систем
7 негативных трендов внешней среды для российского бизнеса в 2014-2019 гг
Die Berechnung der Zukunft: Warum die meisten Prognosen falsch sind und manche trotzdem zutreffen - Der New York Times Bestseller
ZIP
Анализ и прогнозирование развития хозяйства области на базе межотраслевого баланса
Когнитивные системы мониторинга и прогноза научно-технологического развития государства
