Economic Forecasting Essay Example | Topics and Well Written Essays - 250 words

Economic Forecasting - Essay ExampleThe telecommunication network to a fault allows individuals in one institution to search databases, including library catalogues, in any other institutions computer that has been made available for such use (Carnot, Koen, Tissot, & Carnot, 2011).Non-print media is also a resource that can be used in gather historical data, as well as economic forecasting data. CDs, videodisks among other resources house large storage space for information and thus can be used to retrieve economic information submitd as well as store the information being poised. Print media such books, journals, magazines, as well as newspapers, are important resources to use while gathering economic forecasting. Books written by an economist in the past can be useful in studying the history of economic thoughts that were used in the past to help justify various economic trends (Higgins, 2011).Newspapers always have resourceful economic articles written by a knowledgeable econo mist. Since newspapers are produced on a daily basis, they would come through sufficient and current information that would be helpful in economic forecasting. The dialogue could also be resourceful while gathering information on the economic history of economics, as well as economic foresting. Face to face interviews with economists and other key players in the economy could complement information gathered from internet print and non-print media (Carnot et al.,