Number and length of classes: 3 hours face-to-face teaching per week, consisting of 1 x 2 hour lecture and 1 x 1 hour tutorial. The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au/
Prizes for this unit (if applicable). http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships
Recommended Texts and/or Materials
You do not need to buy these books. Occasionally, handouts thereof might be distributed in class.
Hanke, John E & Wichern, Dean W, (2013), Business Forecasting, (International Edition) Pearson, (9th Edition) ISBN: 9781292023007, ISBN 10: 1292023007
Also available as a Kindle book.
Hyndman, Rob J and Athanasopoulos, George (2014), Forecasting: principles and practice, OTexts Online: https://www.otexts.org/fpp/
Technology Used and Required
Students will learn to use spreadsheets (MS-Excel) and MINITAB.
Unit Web Page
The web page for this unit can be found at: iLearn http://ilearn.mq.edu.au
Teaching and Learning Strategy
This unit is lecture- and tutorial-based. Typically, the class-time structure will be like this:
- Lectures: Business Forecasting theory and concepts will be discussed. We will establish links between theory and your personal knowledge in a business strategic planning setting during class discussions.
- Tutorials: students are required to work on some tasks of business forecasting solutions using several models and techniques. Student participation and meaningful contribution are essential to understand business forecasting concepts and calculations.
Lecture notes will be posted before each lecture on iLearn