Consumption is the most fundamental aspect of economic activity and the study of consumption behavior has occupied a preeminent position in the economic literature. The problem can be taken up either at the micro level or at the macro level. The Engel function analysis and demand function...

Short Term Load Forecasting (STLF) is an essential and integral component for energy management and distribution corporations. Accurate load forecasting not only increases the efficiency of a distribution system, but also saves money. STLF is essential in taking quick decisions for a short...

Managing electrical energy supply and generating exact amount of electricity are complex tasks. The most important part of managing energy supply is that of forecasting the future load demand. This is usually carried out by constructing a number of models on relative information such as previous...