What is the purpose of economic indicators?
What are considered leading economic indicators?
What is the purpose of developing economic forecasts?
What factors affect economic forecasts?
Should economic forecasts be dynamic or static? Explain.
Should economic analysts be obligated to present the assumptions underlying their economic forecasts?
Address the concept of perfect information (and the implications associated with the lack thereof).
How does uncertainty impact the accuracy of financial forecasts?
How does the government use economic forecasts to change fiscal policy?
How are economic forecasts used in the organizational decision making process?
How can the direction of an economic forecast affect the future behavior of an organization?
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