Undergraduate Certificate in Economic Modelling and Forecasting

-- viewing now

The Undergraduate Certificate in Economic Modelling and Forecasting is a comprehensive course that equips learners with vital skills in economic analysis, modelling, and forecasting. This certificate program is crucial in today's data-driven world, where businesses and organizations rely heavily on accurate economic predictions for strategic planning and decision-making.

4.0
Based on 5,179 reviews

5,823+

Students enrolled

GBP £ 140

GBP £ 202

Save 44% with our special offer

Start Now

About this course

The course covers key topics such as statistical analysis, time series analysis, and econometrics, providing a strong foundation in economic modelling and forecasting techniques. It is designed to meet the growing industry demand for professionals who can analyze complex economic data and provide insightful predictions. By completing this course, learners will develop a deep understanding of economic trends and patterns, and will be able to use this knowledge to forecast future economic scenarios. This skillset is highly valued in various industries, including finance, economics, government, and research. The certificate course not only enhances learners' analytical and critical thinking skills but also prepares them for career advancement in their respective fields.

100% online

Learn from anywhere

Shareable certificate

Add to your LinkedIn profile

2 months to complete

at 2-3 hours a week

Start anytime

No waiting period

Course Details

Introduction to Economic Modelling: Basic concepts, types of economic models, and their applications
Time Series Analysis: Autoregressive (AR), moving average (MA), and ARIMA models
Econometric Methods: Simple and multiple linear regression, least squares method, hypothesis testing
Forecasting Techniques: Exponential smoothing, Box-Jenkins methods, Theil's U and other measures of forecast accuracy
Stochastic Processes: White noise, random walks, Markov chains, and their applications in economics
Seasonality and Cyclical Adjustments: Deseasonalization and detrending techniques, X-12 ARIMA
Simulation and Monte Carlo Methods: Principles, applications, and limitations in economic modelling
Computational Tools: Data analysis packages (R, Python), software for simulation and optimization (GAMS, MATLAB)

Career Path

In the UK, the demand for professionals with an Undergraduate Certificate in Economic Modelling and Forecasting is on the rise. Here's an engaging visual representation of the job market trends, showcasing the percentage distribution of opportunities for various roles related to economic modelling and forecasting: Economist: 40% of job opportunities in the field are attributed to this role, making it the most sought-after position for graduates with this certification. Data Analyst: 30% of the job market trends highlight the need for data analysts, emphasizing the importance of data-driven decision-making in today's economic landscape. Financial Analyst: Financial analysts make up 20% of the job opportunities, reflecting the continuous growth of financial institutions and their need for skilled analysts. Statistician: With 10% of the job market share, statisticians play a critical role in interpreting data and helping businesses make informed decisions.

Entry Requirements

  • Basic understanding of the subject matter
  • Proficiency in English language
  • Computer and internet access
  • Basic computer skills
  • Dedication to complete the course

No prior formal qualifications required. Course designed for accessibility.

Course Status

This course provides practical knowledge and skills for professional development. It is:

  • Not accredited by a recognized body
  • Not regulated by an authorized institution
  • Complementary to formal qualifications

You'll receive a certificate of completion upon successfully finishing the course.

Why people choose us for their career

Loading reviews...

Frequently Asked Questions

What makes this course unique compared to others?

How long does it take to complete the course?

What support will I receive during the course?

Is the certificate recognized internationally?

What career opportunities will this course open up?

When can I start the course?

What is the course format and learning approach?

Course fee

MOST POPULAR
Fast Track: GBP £140
Complete in 1 month
Accelerated Learning Path
  • 3-4 hours per week
  • Early certificate delivery
  • Open enrollment - start anytime
Start Now
Standard Mode: GBP £90
Complete in 2 months
Flexible Learning Pace
  • 2-3 hours per week
  • Regular certificate delivery
  • Open enrollment - start anytime
Start Now
What's included in both plans:
  • Full course access
  • Digital certificate
  • Course materials
All-Inclusive Pricing • No hidden fees or additional costs

Get course information

We'll send you detailed course information

Pay as a company

Request an invoice for your company to pay for this course.

Pay by Invoice

Earn a career certificate

Sample Certificate Background
UNDERGRADUATE CERTIFICATE IN ECONOMIC MODELLING AND FORECASTING
is awarded to
Learner Name
who has completed a programme at
London School of International Business (LSIB)
Awarded on
05 May 2025
Blockchain Id: s-1-a-2-m-3-p-4-l-5-e
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
SSB Logo

4.8
New Enrollment