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   (Thursday 6th, 16:00-18:00)

Microeconomics forecast: learning by doing; a ten years graduate level experience


Presenter


Abstract

For the past twenty years, we have been using an original technique to teach statistics and Microeconomics Forecast Methods to postgraduates studying economics, computer sciences and statistics. After the usual lectures and practical exercises in the lab, students, by groups of two, have to find a shop, a company, a community organization, etc., which provide them time series of sales or activities in order to modelize them and calculate forecast for the next days, weeks or months. They find their “client” by themselves. The professor works with them as a consultant. More than 100 different times series forecasts have already been carried out by students on this program over the last 20 years. This year 2005-2006, we use the same teaching method in our double diploma program with the National Economics University in Kharkov, Ukraine.