Especially oriented to the needs of undergraduate and MBA students as well as those of business and professional people engaged in economic decision processes, this book provides interested individuals with an introduction to and a basic working knowledge of the relevant topics and techniques of economic forecasting and business cycles, without requiring sophisticated backgrounds in computers, economics, methematics, or statistics. The author systematically introduces and analyzes various methods of forecasting, especially deterministic symptomatic (indicator forecasting), and systematic (scientific) strategies. Macro-and microeconomic policy considerations are combined with applied approaches to forecasting and business cycles.