Modeling & Forecasting
This course will focus on the theory and application of statistical and economic modeling tools and techniques. Multiple regression and time series forecasting techniques will be examined and applied to primary and secondary data in order to foster an understanding of the appropriate uses and limitations of the modeling and forecasting process. Several computer-based statistical and modeling programs will be used during this semester. This course focuses on the design, estimation and use of models and their application. By the end of the semester students should be able to independently design a modeling activity that addresses an empirical question or issue, select and apply appropriate statistics for estimating and evaluating the estimated model, and present their results to a wide variety of audiences.