Eneda Gjoka, a student at the "Aleksandër Moisiu" University of Durrës, has been announced third Prize winner in the prestigious competition “Governor's Award for Best Diploma for 2024” organized by Bank of Albania.
Topic of the Work:
“Using Machine Learning to Predict Inflation in Economic Trends”
This innovative study addresses one of the most important challenges of economic policy – inflation forecastUsing advanced technologies Machine Learning, Eneda Gjoka proposes a more efficient and accurate approach to analyzing and predicting inflationary trends in the economy.
Main Points of the Work:
🔹 Machine Learning: Integrating intelligent algorithms to analyze historical economic data and create predictive models on inflation. 🔹 Analiza e Tendencave Ekonomike: Identifying the main factors that affect inflation, such as monetary policies, macroeconomic indicators, and global developments. 🔹 Inovacion në Metodologji: Comparing traditional forecasting approaches with new methods based on artificial intelligence to improve the accuracy and reliability of results.
Rëndësia e Punimit:
Eneda Gjoka's work makes an important contribution to: ✅ Economic policymaking – A better inflation forecasting system helps in more effective decision-making by central banks. ✅ Technology Integration – Promoting the use of Machine Learning in economic analysis to address contemporary challenges. ✅ Academic Development – Promotes scientific research in the field of digital economy and finances.
A Significant Achievement
This assessment of Bank of Albania is a recognition of the dedicated work and talent of Albanian students in economic research. Eneda Gjoka's success not only honors the "Aleksandër Moisiu" University of Durrës, but also inspires the new generation to bring innovative solution in economic and financial challenges.
Winners for 2024
🥇 First Prize Markeljan Blacëri – University of Padua Studies (Università degli Studi di Padova) Topic:“Long-Run Monetary Shadows: Can Policy Shocks Affect the Natural Rate of Unemployment?”
🥈 Second Prize Endri Deda – Universiteti i Parisit Dauphine-PSL (Université Paris Dauphine-PSL) Topic:“The Effect of Deep Trade Agreements on FDI flows”
🥉 Third Prize Eneda Gjoka – Universiteti “Aleksandër Moisiu” Durrës Topic:“Using Machine Learning to Predict Inflation in Economic Trends”
About the Competition
This competition, which is organized by 18 YEARS by the Bank of Albania, aims to support and encourage Albanian students to contribute to the field of economics and finance.
🔹 This year the competition was attended by 24 students from different study levels. 🔹 The topics presented covered:
Traditional central bank policies
Climate change
Financial education and inclusion
Modern payment systems
Bank of Albania's objectives for 2024
Bank of Albania thanks all participants for their dedication and excellent work. This event demonstrates the importance of scientific research in shaping a better future for the Albanian economy and finances.
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