Forecasting by econometric models as support to management

• Authors: Tinde Dobrodolac Seregelj
• Languages of publication: EN

Abstracts

EN

In the contemporary environment characterized by the dynamic structure of factors and the unpredictability of the relations existing between them, the central problem is the selection of strategic goals. Forecasting is the necessary precursor to the planning process and includes research into the future course of events. Numerous methods and techniques of forecasting are used nowadays. Econometric models can be used successfully for predicting the future development of a phenomenon, and thereby facilitate the choice of strategic goals.

Keywords

EN

forecasting; econometric models; management

Discipline

• SCIENCE_OF_SCIENCE: SCIENCE OF SCIENCE

• Publisher: Prague Development Center, Czech Republic
• Journal: Perspectives of Innovations, Economics and Business
• Year: 2011
• Volume: 7
• Issue: 1
• Pages: 72-76

Dates

published

2011-01-16

Contributors

author

Tinde Dobrodolac Seregelj

• Faculty of Economics, Subotica University of Novi Sad, Serbia

• Prague Development Center, Czech Republic

References

• Enders, W., 2004. Applied economic time series, New York: John Wiley.
• Kiš, T. et al., 2005. Kvantitativni metodi u ekonomiji, Subotica: Faculty of Economics.
• Mladenović, Z., Petrović, P., 2003. Uvod u ekonometriju, Belgrade: Faculty of Economics.
• Roberts, S. and Daniel, L., 1998. Econometric models and Econometric Forecasts, Boston: McGraw-Hill.
• Todorović, J., Đuričić, D., and Janošević, S., 1998. Strategijski menadžment. Belgrade: Institut za tržišna istraživanja.
• Waters, D., 2008. Quantitative Methods for Business, Upper Saddle River: Prentice Hall

Identifiers

DOI

http://dx.doi.org/10.15208/pieb.2011.17