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Macroeconomic Diagnostics (MDS)

Macroeconomic Diagnostics

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.

Read More Topic : General Macroeconomic Analysis

    Target Audience

    Mid-level to senior officials in central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.

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    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.

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    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 identify policies to address them.
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    Syllabus

    This two-week course 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. It 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.
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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    October 19, 2020 October 30, 2020 Beijing, China CT 20.06V Chinese Invitation
    October 26, 2020 November 6, 2020 New Delhi, India SA 20.27V English Apply online by October 15, 2020
    November 30, 2020 December 10, 2020 Abu Dhabi, United Arab Emirates CE 20.29V English Apply online by October 23, 2020
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Online: Debt Sustainability Framework for Low Income Countries

    English (English), October 7, 2020 - November 6, 2020, Course conducted online

    Apply online by September 30, 2020

    Virtual: Macro-Stress Testing (MST)

    English, November 9-12, 2020, Kuwait City, Kuwait

    Apply online by October 2, 2020

    Virtual - Fiscal Sustainability (FS)

    English (Arabic), November 9-19, 2020, Kuwait City, Kuwait

    Apply online by October 2, 2020

    Virtual - Financial Sector Surveillance (FSS)

    English, November 16-20, 2020, New Delhi, India

    Apply online by October 2, 2020

    Virtual - Legal Aspects of International Financial Institutions (LAIF)

    English, November 30, 2020 - December 4, 2020, Singapore, Singapore

    Apply online by October 2, 2020