Econometric Methods Assignment | Homework For You
Each student will be responsible for generating a sales forecast for a selected industry or multi-national firm using econometric methods, using a sales data set collected from the available Compustat or Bloomberg systems. In addition, students must gather information on relevant measures of prices, income, advertising data, and other relevant (socio-economic) data to support the construction of a multi-variate regression model. The student must build the econometric model utilizing Excel or Eviews. Results of the analysis must include
(a) an executive summary of the outcomes;
(b) information supporting the choice of the variables, including the socio-economic variables (model specification),
(c) detail concerning the model development and data acquired;
(d) a sensitivity analysis for alternative scenarios, and interpretation of the elasticities and the implication to pricing strategy; and
(e) interpretation of the results with implications to business policy. Get Economics homework help today
