units

ETF5231

Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 0 (NATIONAL PRIORITY), 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2012 (Day)
Coordinator(s)Associate Professor Ann Maharaj

Synopsis

Review of basic time series analysis techniques. Moving averages and exponential smoothing forecasting methods. Box-Jenkins method of forecasting. Comparison of forecasting techniques. Introduction to time series regression, dynamic models and cointegration. Applications to time series from accounting, economics, banking, finance and management areas. Use of Excel and SPSS.

Outcomes

The learning goals associated with this unit are to:

  1. identify the basic tools of forecasting and define the basic time series analysis techniques
  2. describe the decomposition techniques, exponential smoothing forecasting techniques and Box-Jenkins method of forecasting
  3. compare the forecasts of real economic, business and financial time series by decomposition techniques and exponential smoothing techniques using Excel and Box Jenkins method using SPSS
  4. differentiate between decomposition methods, exponential smoothing methods and autoregressive methods of forecasting
  5. analyse time series in the business environment using the appropriate methods and interpret computer output.

Assessment

Within semester assessment: 40%
Examination (2 hours): 60%

Chief examiner(s)

Associate Professor Elizabeth Maharaj

Contact hours

3 hours per week

Prerequisites

Students must be enrolled in course codes 3816 or 3822 or must have passed ETX2121, ETF9121, ETX2111, ETF2100, ETF9100 or MBA9007.

Prohibitions

ETX3231