Macroeconomic Diagnostics (MDS)
This course, presented by the Institute for Capacity Development, is designed to strengthen participants’ ability to comprehensively assess a country’s macroeconomic situation, including the current state of the economy; the stance of fiscal and monetary policy; financial stability; exchange rate misalignments; vulnerabilities in the different sectors; and the medium-term outlook, especially the sustainability of public and external debt.
The course emphasizes practical tools for use in day-to-day macroeconomic analysis and relies on case studies relevant to the region where the course is given to illustrate how these tools are applied and how they can contribute to the policymaking process.
Target Audience
Officials from central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.
Qualifications
Participants are expected to have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of Microsoft Excel. It is strongly recommended that applicants have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x) or the online Macroeconomic Diagnostics (MDSx) course.
Course Objectives
Upon completion of this course, participants should be able to:
- Analyze potential output, calculate output gaps, and diagnose the outlook for the economy.
- Assess the stance of current fiscal, monetary, exchange rate, and financial policies.
- Assess macro-financial linkages, including through the analysis of financial sector soundness indicators.
- Assess the medium-term prospects of the economy, especially the sustainability of public and external debt.
- Identify possible external and internal economic risks and vulnerabilities to economic growth, and develop policies to address them.
Syllabus
Upcoming Offering
Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
---|---|---|---|---|---|---|
July 29, 2024 | August 9, 2024 | Vienna, Austria | In-person Training | JV 24.23 | English | Deadline passed |
August 12, 2024 | August 23, 2024 | Ebene, Mauritius | In-person Training | AT 24.33 | English (French, Portuguese) | Apply online by June 28, 2024 |
September 23, 2024 | October 4, 2024 | Bangkok, Thailand | In-person Training | OT 24.13 | English | Invitation |
Securities Statistics (SS)
English | September 23-27, 2024 | In-person Training | Washington, D.C., United States
Apply online by June 20, 2024
Monetary and Financial Statistics - Advanced (MFS-A)
English | September 2-13, 2024 | In-person Training | Singapore, Singapore
Apply online by June 21, 2024
IFRS 9 - A Supervisory Perspective
English | August 26-30, 2024 | In-person Training | Thimphu, Bhutan
Apply online by June 21, 2024
Macroeconomic Management in Resource-Rich Countries (MRC)
English (Russian) | September 23, 2024 - October 4, 2024 | In-person Training | Vienna, Austria
Apply online by June 23, 2024
Fintech Market Development and Policy Implications (FINTECH)
English | October 28, 2024 - November 8, 2024 | In-person Training | Singapore, Singapore
Apply online by June 24, 2024