Forecasting: An Essential Introduction

David Hendry

20 ratings by Goodreads

Language: English

Published by Yale University Press, 2019

0300244665 / 9780300244663

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Concise, engaging, and highly intuitive?this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops. In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting. They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world.   Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including  financial crises, the uncertainty of Brexit, and the Federal Reserve?s record on forecasting. This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.

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Title
Forecasting: An Essential Introduction
Author
David Hendry
Publisher
Yale University Press
Publication year
2019
Condition
Good
Binding
Paperback
Language
English
ISBN 10
0300244665
ISBN 13
9780300244663

World of Books Inc

Montgomery, IL, U.S.A.

4-star seller

AbeBooks seller since March 23, 2026

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