Why is a disturbance term included in the regression?
What are the properties of OLS estimator?
Mention the major steps involved in the application of Box-Jenkins approach to forecasting.
What do you understand by a stationary time series data and describe in details how a non-stationary times series can be transformed in a stationary one and clearly show the steps and conditions required to retrieve lost information on long run and short run elasticities throughout the differencing process?
prepare down the major techniques of economic forecasting.
Comment on two information criteria for model selection