Fan chart and Microeconomics: Difference between pages

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imported>John Grout
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''Forecasting''.
Economic theory which studies the behaviour  of and particularly the resource allocation by an individual or individual firm.
 
Fan charts are designed to illustrate the risks surrounding forecasts, often based on past forecast errors.
 
They show a central best-estimated future path, together with widening bands around it, indicating the probabilities and confidence intervals around the central forecast.


Sometimes rendered micro-economics.


== See also ==
== See also ==
*[[Confidence interval]]
* [[Economics]]
*[[Consensus forecast]]
* [[Macroeconomics]]
*[[Forecast]]
* [[Mesoeconomics]]
* [[Metaeconomics]]


[[Category:Knowledge_and_information_management]]
[[Category:Financial_management]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 15:44, 1 April 2015

Economic theory which studies the behaviour of and particularly the resource allocation by an individual or individual firm.

Sometimes rendered micro-economics.

See also