WHY ECONOMIC FORECASTS ARE NOT ACCURATE

• Authors: Bazeli, Beata

Abstracts

EN

Predicting the future is an essential element in the preparation of human action, and one of the predictions of the future is forecasting. The methodology of forecasting economic processes is very rich and extremely difficult workshop and therefore there are many methods of forecasting. The article discusses the conditions under which more or less accurate forecasts of the future can be made. The purpose of the study is to identify the main causes for the failure of forecasts while emphasizing the need to develop them.

Keywords

EN

forecasting; forecast; forecasting methods; forecast accuracy

• Publisher: Wydawnictwo Kujawsko-Pomorskiej Szkoły Wyższej w Bydgoszczy
• Journal: Roczniki Ekonomiczne Kujawsko-Pomorskiej Szkoły Wyższej w Bydgoszczy
• Year: 2017
• Issue: 1(10)
• Pages: 11-23

Dates

published

2018-12-11

Contributors

author

Bazeli, Beata