Terminated in academic year 2021/2022

Forecasting Methods in Economic Practice

Type of study	Doctoral
Language of instruction	Czech
Code	545-0928/02
Abbreviation	progn
Course title	Forecasting Methods in Economic Practice
Credits	10
Coordinating department	Department of Economics and Control Systems
Course coordinator	prof. Ing. Jaroslav Dvořáček, CSc.

Subject syllabus

1. Forecasting and decision making process.
2. Fundamental terms of forecasting activity
3. Forecasts classification
4. Methods of forecasting
4.1. Methods based on analogy
4.2. Methods based on information of experts
4.3. Methods based on prolongation – graphical and numerical prolongation.
4.4. Methods based on system approach
5. Forecasts in the field of raw material sources.
6. Forecasts as a starting point of strategic decisions

Literature

Makridakis S. , Wheelwright S.C., Hyndman, R.J.: Forecasting. Methods and
Applications. Third Edition. Johns Wiley & Sons, New York, 1998

Advised literature

Carnot N., Koen V., Tissot B.: Economic forecasting. Palgrave Macmillan, 2005

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