Download full textERIC Number: ED047382
Record Type: RIE
Publication Date: 1970-Oct
Pages: 13
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Better Forecasting for Better Planning: A Systems Approach.
Austin, W. Burnet
Predictions and forecasts are the most critical features of rational planning as well as the most vulnerable to inaccuracy. Because plans are only as good as their forecasts, current planning procedures could be improved by greater forecasting accuracy. Economic factors explain and predict more than any other set of factors, making economic analysis the most reliable forecasting tool available. Among various models of economic analysis, one based on regional income and product accounts is preferable for its construction and manipulation ease. (RA)
Descriptors: Business Cycles, Decision Making, Economic Climate, Economic Research, Planning, Prediction, Predictive Measurement, Regional Planning
Confer-In Papers, AIP, 917 Fifteenth Street, N.W., Washington, D.C. 20005 (Paper No. 112, $1.50)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A
Note: Paper presented at American Institute of Planners Annual Confer-In (Minneapolis/St. Paul, Minnesota, October 18-21, 1970)
