ABSTRACT
The introduction presents an overview of key concepts discussed in the subsequent chapters of this book. The prime concern is the analysis of economic time series and the application, and understanding, of related times series adjustment procedures. The book examines the history, evolution and recent developments in time series analysis and adjustment programs. In particular, this work combines and surveys both elements the analytical and the programmatic. The book aims to introduce the reader to both the history of time series analysis and to provide information for practical implementation of the leading procedures and methods for time series adjustment. It presents an empirical analysis that includes a number of case studies. The aim of these case studies is to show that time series adjustment methods can be efficaciously applied and utilized, for both analysis and forecasting, albeit, they must be used in the context of reasoned statistical and economic judgment.
