Courses for Exchange Students (ECTS) 2018/2019
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Economics, Macroeconomic Forecasting, Second Cycle |
| Autumn week 46 (2018) - 03 (2019) | Appl.code: 21055 |
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Part-time, daytime class |
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ECTS credits: 7.5 |
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Level of education: Second Cycle (master level) |
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Level: A1N |
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Prerequisites: 75 credits of economics courses on the first cycle, as well as Statistics, Basic Course, 15 credits. Alternatively 75 credits of business administration courses on the first cycle, as well as Statistics, Basic Course, 15 credits, and Economics, Basic Course, 30 credits. Alternatively 75 credits of statistics courses on the first cycle, as well as Economics, Basic Course, 30 credits. In addition, the applicant must have completed an independent project of 15 credits in the main field of study as well as Statistics, Econometrics, Intermediate Course, 7.5 credits, and Statistics, Time Series Analysis and Forecasting, Intermediate Course, 7.5 credits or Economics, Financial econometrics 15 credits. The applicant must also have qualifications corresponding to the course "English B"/"English 6" from the Swedish Upper Secondary School. |
| Content: Macroeconomic forecasting typically relies on time series data. This course intends to provide skills regarding time series econometrics and time series analysis in order to be able to model and forecast macroeconomic variables. During the course, we will cover both the fundamental univariate ARIMA model and the more advanced multivariate VAR model. Topics such as unit roots, cointegration and structural breaks will also be discussed. The focus of the course is objective forecasting methods but we will also touch upon judgemental forecasting, Finally, tools for forecast evaluation will be addressed. |
| Teaching Methods: Teaching is in form of lectures and computer laboration. |
| Course Coordinator: Pär Österholm |
| Course Syllabus: Autumn 2018 |
| School: Örebro University School of Business |