COURSE TITLE: TIME SERIES ANALYSIS
COURSE CODE: MTRM6020
Time series data, for example records of stock market indices, are in general not susceptible to classical statistical analysis, since observations tend to be correlated in time. Time series analysis is a specialized branch of statistical science which deals with such data sets, providing an essential toolset for finance and business analysis, economic forecasting, and decision-making.
The course covers the fundamental concepts required for the description, modeling and forecasting of time series data. A particular emphasis is placed on the analysis of real-world data sets from finance and economics, and a practical laboratory component introduces students to the software package R (or other software).