How Long to Read Forecasting Models for National Economic Planning

How Long Does it Take to Read Forecasting Models for National Economic Planning?

It takes the average reader 2 hours and 48 minutes to read Forecasting Models for National Economic Planning by Aaart R. Heesterman

Assuming a reading speed of 250 words per minute. Learn more

Description

This book is about the specification of linear econometric models, and for this reason some important related fields have been deliberately omitted. I did not want to discuss the problems of parameter-estimation, at least not in any detail, as there are other books on these problems written by specialized statisticians. This book is about the models them selves and macro-economic models in particular. A second related sub ject is the policy decision that can be made with the help of a model. While I did write a chapter on policy decisions, I limited myself to some extent because of my views on planning as such. The logical approach to this problem is in terms of mathematical programming, but our models and our ideas about the policies we want are too crude for its effective utilisation. A realistic formulation of the problem should involve non linearities in an essential way, the models I consider (and most existing models) are linear. At the present state of econometrics, I do not really believe in such a thing as the 'optimal' plan. The possible result of bad planning or no planning at all, for instance massive unemployment, sudden financial crises, unused capital equipment, or the production of unsalable goods is agreed to be undesirable. Programming methods may of course be needed, if only for having a systematic algorithm to find a solution that avoids this kind of 'obvious' non-optimality. However, the main emphasis is on forecasting models.

How long is Forecasting Models for National Economic Planning?

Forecasting Models for National Economic Planning by Aaart R. Heesterman is 165 pages long, and a total of 42,075 words.

This makes it 56% the length of the average book. It also has 51% more words than the average book.

How Long Does it Take to Read Forecasting Models for National Economic Planning Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 49 minutes to read Forecasting Models for National Economic Planning aloud.

What Reading Level is Forecasting Models for National Economic Planning?

Forecasting Models for National Economic Planning is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Forecasting Models for National Economic Planning?

Forecasting Models for National Economic Planning by Aaart R. Heesterman is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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