Dr. Edward Raupp
Chancellor and Professor of Economics, The University of Georgia
President, THE GEORGIA FORECAST™

When we make decisions, we deal in the realm of uncertainty. The purpose of a forecast, then, is to reduce the amount of that uncertainty. The implicit assumption is that we make better decisions when we know more about the future. In short, Everyone who makes decisions needs forecasts.

THE GEORGIA FORECAST™ (TGF) is an organization and a service. It has three objectives:

1. Predict the values of important macroeconomic variables.
2. Assist organizations in forecasting market conditions.
3. Provide real-world experience for students.

Initially, we will be forecasting Georgia’s real GDP growth rate, unemployment rate, and inflation rate. When we have demonstrated accuracy in forecasting these variables, we will move on to other economic variables.

English Full Version (second issue)

Dr. Edward Raupp
Chancellor and Professor of Economics, The University of Georgia
President, THE GEORGIA FORECAST™

When we make decisions, we deal in the realm of uncertainty. The purpose of a forecast, then, is to reduce the amount of that uncertainty. The implicit assumption is that we make better decisions when we know more about the future. In short, Everyone who makes decisions needs forecasts.

THE GEORGIA FORECAST™ (TGF) is an organization and a service. It has three objectives:

1. Predict the values of important macroeconomic variables.
2. Assist organizations in forecasting market conditions.
3. Provide real-world experience for students.

Initially, we will be forecasting Georgia’s real GDP growth rate, unemployment rate, and inflation rate. When we have demonstrated accuracy in forecasting these variables, we will move on to other economic variables.

English Full Version

Georgian Full Version

The mission of TGF is to conduct and publish research that will assist decision makers in the economic development of Georgia. TGF is an Ltd. associated with the Advanced Research Center of The University of Georgia and is governed by its own Board.