Note: This is an archived Handbook entry from 2015.
|Dates & Locations:|| |
This subject has the following teaching availabilities in 2015:October, Parkville - Taught on campus.
Timetable can be viewed here. For information about these dates, click here.
|Time Commitment:||Contact Hours: 16 hours (2 day intensive workshops) |
Total Time Commitment:
Study Period Commencement:
|Recommended Background Knowledge:||None|
|Non Allowed Subjects:||None|
|Core Participation Requirements:||
For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.
It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability
Predicting key business and economic variables is increasingly important, as it drives both objective decision-making and improved profitability. This course aims to cover the basic forecasting methods used to predict business and economic variables, based on historical data. These include traditional regression, time series, as well as emerging methods such as ensemble forecasts. Throughout, the focus will be on practical implementation of forecasting techniques using the publicly available software “R”. The importance of benchmarking, the assessment of forecasts from different models, and the use of forecasts in decision-making frameworks, will also be highlighted.
On completion of this subject, students should be able to demonstrate;
|Prescribed Texts:|| |
A study guide with recommended readings and cases will be provided before the class.
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
Specialist Certificate in Strategic Marketing |
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