Explanations
Ten things to know about economic models
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27th July 2016
I find making predictions really tough, especially when they concern the future! With that in mind, I really liked this short but very accessible summary of ten limitations of macroeconomic modelling published by the FullFact team a few weeks back - a good resource for students to consider when evaluating the usefulness of forecasting!
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Click here for Ten things to know about economic models
And then click here for the latest Bank of England projections for the UK economy - forecasting is a whole lot tougher given the numerous economic and geo-political uncertainties we face at the moment.
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