ECONOMIC FORECASTING AND POLICY – A REALISTIC VIEW OF FORECASTING

“Man approaches the truth, which is never attained, through a series of successive mistakes.” _ Aldous Huxley

While anyone with a basic knowledge of economics can approach “Economic Forecasting and Policy,” this book has its unique flair and is updated with the latest and most modern content. It provides a comprehensive toolkit for forecasters, clearly presenting techniques with a wealth of new knowledge, vivid practical evidence, and relating them to the challenges that policymakers face daily. The book covers a wide range of topics, from national accounts, financial market control, business cycle analysis, to building and using macroeconomic models, long-term forecasting, and fiscal forecasting.

The book not only starts from the basics of daily forecasting but also places everything in a broader context. It presents the theoretical foundations for forecasting models and shows how to incorporate forecasting results into policy-making or decision-making processes. The accuracy of forecasts is also discussed, and the book frankly points out the shortcomings of existing analytical frameworks, providing readers with an overview of upcoming advances in national accounts, economic analysis, and forecasting.

The first edition of this book was published in French by Economica in 2002 and received an award from the French Academy of Political and Ethical Sciences for the best book on economic policy. The first global edition, in English, was published in 2005 and quickly became popular among students, scholars, and forecasters. Although the Vietnamese translation of “Economic Forecasting and Policy” was published later than the English edition, many might think its relevance has diminished. However, its value and significance remain timeless for those interested in and seeking a deeper understanding of forecasting.

The center has now started selling the book. Quickly fill out the Pre-order link below to own a copy! Additionally, you can order through e-commerce platforms such as Tiki or Shopee via the links provided below.