Open AccessFORECASTING THE ECONOMIC PROCESS USING ECONOMETRIC ANALYSIS
Author(s) -
Marina Grishchenko,
Mariya Tsvil
Publication year - 2021
Language(s) - English
Resource type - Conference proceedings
DOI - 10.26526/conferencearticle_61cc296be8dee5.11017419
Subject(s) - econometric model , econometric analysis , process (computing) , economic forecasting , computer science , econometrics , economic analysis , economics , operations research , engineering , classical economics , operating system
The article considers the necessity of using econometric research methods in the analysis and forecasting of economic processes and phenomena. A concrete example of managerial decision making examined in the given article is based on the assumption of an econometric model and it’s ability to analyze the effectiveness of applying different types of advertising on the company's activities