Description

Business and economic forecasting plays an important role in decision making in industry, financial services, commerce and government. In an uncertain environment, the success of a business or economic policy depends on the ability of managers to foresee and prepare for the future.
This course is ideal if you are keen to advance your career as an economic/business modeller or forecaster or are working in a related area that would benefit from training in modelling or forecasting methods. It provides extensive training in forecasting and modelling techniques, with a wide range of applications in business, finance and the national economy.

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Courses

 
For this diploma you require 120 0 points from the following compulsory courses:
 
Compulsory Course
 
Course Code Course title Credits
 
UNCCPG1417 Business Forecasting 3
UNCCPG1418 Business Forecasting Workshop 3
UNCCPG1419 Computing 3
UNCCPG1420 Dissertation 3
UNCCPG1421 Econometrics 3
UNCCPG1422 Foundation Module 3
UNCCPG1423 Macroeconomic Modelling & Forecasting 3
UNCCPG1424 Macroeconomic Modelling & Forecasting Workshop 3
UNCCPG1425 Time Series Methods 3
 
Optional Course
 
Course Code Course title Credits
 
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Structure

You will develop the essential theoretical and practical skills of modelling and forecasting, and apply these skills in the type of quantitative analyses that support planning and forecasting. You will also:

  • study various advanced econometric and time series models applicable to modelling and forecasting in political analyses, business environments and financial markets; and
  • learn how to evaluate the strengths and weaknesses of forecasts and how to write professional forecasting reports.

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