Part 1. Introduction 1. Introduction 2. The forecasting workflow 3. Choice under uncertainty 4. A simple example Part 2. Forecasting basics 5. Know your time series 6. Time series components 7. Time series decomposition Part 3. Forecasting models 8. Low hanging fruit: simple forecasts 9....

Many countries have implemented social programmes providing long-term financial or in-kind entitlements. These programmes often focus on specific age-groups and consequently their expenditure streams are subject to demographic change. Given the strains already existing on public budgets,...