Macroeconometric Forecasting

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9/10 stars
based on  28 reviews
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Course Details

Cost

FREE,
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Course Provider

edX online courses
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Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

Provider Subject Specialization
Sciences & Technology
Business & Management
22235 reviews

Course Description

In this macroeconomics course, you will learn to predict macroeconomic variables such as inflation, growth or consumption, and to create statistical models in economics and use them to predict responses to economic policy.

You will learn from hands-on demonstrations of model-building, forecasting and policy analysis, using data sets from a wide variety of countries. Demonstrations and applications will be conducted using EViews—a popular software for estimating and simulating forecasting models on Windows. Free, temporary licenses for EViews will be made available for the duration of the course.

Macroeconometric Forecasting is offered by the IMF with financial support from the Government of Japan.

Reviews 9/10 stars
28 Reviews for Macroeconometric Forecasting

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Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.

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Fahad Alnasser profile image
Fahad Alnasser profile image

Fahad Alnasser

10/10 starsCompleted
1 year, 6 months ago
I highly recommend this course, it covers the most needed practical techniques needed to perform Macroeconomic models. The course start by getting you familiar with Eviews, collecting data, looking at data and perform linear regression. Then teach you the necessary steps in identifying stationary process, how transform data to stationary and selecting model. It covers Auto regressive moving average models (ARMA), Vector Auto regressive models (VAR) and Vector Error Correction models (VECM) beside all the techniques and tests needed for them. It also provide you with variety of programs and codes related to these models and fan chart program to be able to do it in Eviews.
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Giles Heywood profile image
Giles Heywood profile image

Giles Heywood

8/10 starsCompleted
2 years, 1 month ago
A good course for those who want a fairly rigorous introduction to Eviews from econometric practitioners. It's a bit light on theory, more of a cookbook approach to using the program - but that has value if you use Eviews, which I don't. The assessment is pretty lightweight as you are spoonfed every answer with hints. That said it's good for the price, and there's not much competition.
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Sager Alzayed profile image
Sager Alzayed profile image

Sager Alzayed

10/10 starsDropped
2 years, 2 months ago
Very high quality course overall. Clearly presented. Plenty of learning resources. Very good course for quantitative analysts looking to practice and further their skills in econometric analysis.
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Student profile image

Student

10/10 starsDropped
2 years, 2 months ago
The course content is very rich and i feel unfortunate to not have taken the course. I hope there will be another chance and i will ensure that i obtain the best connectivity . The provide is highly rated and i do believe even the instructors are so knowledgeable and it would have been great to learn from them.
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Roberto Kalauz profile image
Roberto Kalauz profile image

Roberto Kalauz

10/10 starsTaking Now
2 years, 3 months ago
I am doing the course "Macroeconomics Forescasting" , and I ´m answering questions for the next deadline of the third module; But suddenly I can not access to the page unexpectedly. Could there be a problem with the page? Thank you very much Roberto Kalauz Argentina
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hanan ibrahim profile image
hanan ibrahim profile image

hanan ibrahim

10/10 starsTaking Now
2 years, 4 months ago
I have really enjoyed this course.it is a good course. it is nice to Learn how to create and assess forecasting models to predict macroeconomic variables such as inflation and economic growth.
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Raul Alexander Velita Zorrilla profile image
Raul Alexander Velita Zorrilla profile image

Raul Alexander Velita Zorrilla

10/10 starsCompleted
2 years, 6 months ago
This is the best online course on economics! Cons: Few examples didn't work properly when I used Eviews 9. Pros: The theory is amazing! IMF could provide all naccesary topics which will allow you making macroeconomic forecasts. The examples are very helpful to understand the underlying theory, and examples in Eviews are the best part. It's almost unbelievable this course only ask you 25$ for certificate!
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Student

8/10 starsCompleted
2 years, 7 months ago
I took the course and passed it. It was a lot of work but manageable. I have prior PhD-level experience studying econometrics, but not a lot of work in Macro Forecasting. The course sequence baffled me a bit, violations of CLR model at the end, after things like cointegration and VAR models. Overall, it was an impressive tune-up and introduction to some forecasting topics I was unfamiliar with. I recommend highly.
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bahram adrangi profile image
bahram adrangi profile image

bahram adrangi

10/10 starsTaking Now
2 years, 8 months ago
This is a great summary of economterics plus forecasting. You need to have a decent basic stats class and perhaps at least one course in economterics to really appreciate the content and instructors. I am an Eviews user (that is the software used in this class). However, was impressed by the programming abilities of all the instructors. I highly recommend the course for hands-on econometric/forecasting. I had minor issues with some of the true/false questions but the hands on questions and demonstrations are extremely valuable. I would like to be able to get my hands on the course materials in the order it's offered on this site. I'd like to be able to get back and watch select videos again. Great job, keep it up! Beat, Bahram
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student

6/10 starsTaking Now
2 years, 8 months ago
I am struggling, but I can make it. I am from Engineering Background. I did't even know what Regression, level of confidence or t-stats meant. But now that I understand, it makes much more sense Hope I can make it through VARs and VECMS. Best team out there, I have also been part of FPP2x
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Howard Flatt profile image
Howard Flatt profile image

Howard Flatt

2/10 starsTaking Now
2 years, 8 months ago
You will need more than an under graduate knowledge of statistics to succeed in this class. Modal 2 makes too many assumptions about what you learn and is example of what is the worst aspects of online learning - taking a "learning test". Absolutely the worst experience- takes the fun out learning when you have to both learn and take a test at the same time. I accept the fact this failure is partially my fault in that not better prepared.
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Stephen Siamai Kromah profile image
Stephen Siamai Kromah profile image

Stephen Siamai Kromah

10/10 starsTaking Now
2 years, 10 months ago
The course is really good for our professional careers in various research departments in the central banks of IMF Member Countries. On the basis of experience from participation in the last two times the coursed had been offered; you have to keep up with the time schedule of 8 hours per work to make a successful pass in the course.
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aye hnin profile image
aye hnin profile image

aye hnin

6/10 starsCompleted
2 years, 9 months ago
It isa good couse and professional careers in various research departments in the central banks of IMF Member Countries. On the basis of experience from participation in the last two times the coursed had been offered; you have to keep up with the time schedule of 8 hours per work to make a successful pass in the course.
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Abdulrasheed Abdulkarim Isah profile image
Abdulrasheed Abdulkarim Isah profile image

Abdulrasheed Abdulkarim Isah

10/10 starsTaking Now
2 years, 9 months ago
I just finished my undergraduate degree in economics and this course is hugely valuable by making me understand more and solidify all the things I have been introduced to in the university. I really suggest this course to anybody interested in pursuing a career in economics.
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Douglason Omotor profile image
Douglason Omotor profile image

Douglason Omotor

10/10 starsTaking Now
2 years, 10 months ago
The content is rich, quality of faculty is motivating and the provider very thoughtful in bridging a gap I've been disturbed with.
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erasmus hyera profile image
erasmus hyera profile image

erasmus hyera

10/10 starsCompleted
2 years, 10 months ago
It is a good course for researchers. I Used the VARs and especially Granger causality test, VECM and Variance decomposition techniques on my MA (Econ) thesis. It was interesting and enjoyable. Currently i intent to enroll for PHD in Economics programme and i plan to apply these techniques.
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BOSCO ISABIRYE profile image
BOSCO ISABIRYE profile image

BOSCO ISABIRYE

10/10 starsTaking Now
2 years, 10 months ago
It is the high time we embarked on this fundamental course. Am excited to be art of this course. the Instructors are set and all fundamental for our success in the course, i have read through their biography and wow am ready.
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Student

6/10 starsTaking Now
2 years, 10 months ago
Macroeconomics has always been my favorite subject, macroeconomics and along with forecasting techniques using EViews will add more to its importance to be learn.
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Thant zaw profile image
Thant zaw profile image

Thant zaw

1/10 starsTaking Now
2 years, 10 months ago
l would like to learn Macroeconomic forecasting.I would like to predict macroeconomic variables such as inflation, growth or consumption, and to create statistical models in economics and use them to predict responses to economic policy.
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Shah Faisal profile image
Shah Faisal profile image

Shah Faisal

6/10 starsTaking Now
2 years, 12 months ago
its is really a very great source to learn the macroeconomic and my one suggestion to the concerned teacher, if he/she also delivered its lecture on CD or upload on facebook or any other source to me being a student, i will be great full. because in our region net facility is very deficient.
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Pinaki M Mukherjee profile image
Pinaki M Mukherjee profile image

Pinaki M Mukherjee

10/10 starsCompleted
3 years, 3 months ago
Excellent course! I find this to be very useful. I would definitely refer this course to professional Macro-economists. It was a great opportunity to revisit and refresh the things I studied 12 years ago.
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Bilal Khan profile image
Bilal Khan profile image

Bilal Khan

9/10 starsCompleted
3 years, 5 months ago
I think the course was the right balance between tackling eviews, econometric theory and application. I am very glad I got to do this and would recommend it to anyone working in economic research and/or policy.
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Ailton Jose profile image
Ailton Jose profile image

Ailton Jose

10/10 starsCompleted
3 years, 5 months ago
This course is amazing. I managed to get tools and knowledge that are going to be very useful in my career.
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Tridib Bose profile image
Tridib Bose profile image

Tridib Bose

10/10 starsTaking Now
3 years, 6 months ago
This course may need a bit mathematical and statistical, and even a bit of econometric background, but all these 'prequels' won't stop anyone to go through this course. Also, the per-requirements can be acquired by googling the particular topics. However, I am too happy to have opted for this course. It means a lot to me, as I am being taught by world class professors, me being in a not so-good-in-edication country, especially in social sciences. Good syllabus, well covered fields in the subject at hand, brilliant teaching, and I have also learned a bit much of eviews through this course. Also, the timings and level of this course is fine, and anyone who is interested in economics, and hence econometrics, may go for it. Last, but not least, thanx edX!
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David Mora profile image
David Mora profile image

David Mora

10/10 starsTaking Now
3 years, 7 months ago
This course is very complete.The course methodology is excellent. A great option for those who want to learn about time series from the basics. Greetings from Costa Rica.
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Francisco González profile image
Francisco González profile image

Francisco González

10/10 starsTaking Now
3 years, 8 months ago
Hello I am economy student in Costa Rica , this is an incredible course very easy to understand... I just can't believe it's for free . thanks very much for the effort
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student profile image

student

7/10 starsTaking Now
3 years, 8 months ago
The course content seems to be an ideal match with what I am searching for. Looking forward to 8 intersting weeks. However, I couldn't find a starting time. Could you please share this. Thanks a lot!
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Bui Quyen profile image
Bui Quyen profile image

Bui Quyen

8/10 starsTaking Now
3 years, 8 months ago
The course syllabus is really appropriate to my expectation on macroeconomics and econometrics. Time series data and Forecasting is my weakness, I hope through this course my skill will be improved. the concept of cointegration among unit-root variables and its implications for forecasting. Learn how to test for cointegration using the Johansen method and how to estimate and forecast using a VECM. These things are mys expectation. Eview is familiar to me also because I had used it in student time. However, at present I donot have eview software. According to my reading from the web, I see that the instructors are experience and matched the requirements of the course. However,these course must required the learners must have background in the econometrics.
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Rating Details


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  • 1 stars
  • 5 stars
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Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.