This book provides an introduction to the methods employed in forecasting the future state of the economy.This work is the only currently available text that provides comprehensive coverage of the methods and applications in the rapidly developing field of forecasting the future state of the economy.This work is the only currently available text that provides comprehensive coverage of the methods and applications in the rapidly developing field of forecasting the future state of the economy.This book provides an introduction to the methods employed in forecasting the future state of the economy. It is the only text currently available which provides a comprehensive coverage of methods and applications in this fast-growing area. Part I outlines the available techniques, including those used in business forecasting and econometric forecasting. Part II considers the most important applications of forecasting.Part I. Techniques: 1. Introduction to forecasting methods; 2. Time series methods; 3. Combination of forecasts; Part II. Applications: 4. Microeconomic forecasting; 5. Macroeconomic forecasting; 6. Forecasting asset market prices; 7. Conclusions.