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; 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 |
---|---|---|---|---|---|---|
April 14, 2025 | April 25, 2025 | Vienna, Austria | In-person Training | JV 25.09 | English | Apply online by January 5, 2025 |
July 28, 2025 | August 8, 2025 | Vienna, Austria | In-person Training | JV 25.22 | English | Apply online by April 20, 2025 |
Nowcasting (NWC)
English | January 13-24, 2025 | In-person Training | Vienna, Austria
Apply online by October 14, 2024
Macroeconomics of Climate Change - Science, Economics, and Policies (MCCx-SEP)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Mitigation Strategies (MCCx-MS)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Transitioning to Net-zero (MCCx-TNZ)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Economics of Adaptation (MCCx-EA)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024