Connect with IMF Institute

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.

    Back to top

    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.

    Back to top

    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.
    Back to top

    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.
    Back to top

    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    May 24, 2021 June 3, 2021 Kuwait City, Kuwait CE 21.06V English Deadline passed
    September 20, 2021 October 1, 2021 Vienna, Austria JV 21.40 English Apply online by May 24, 2021
    Back to top

    Apply Now - Application deadline approaching:

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

    Virtual : Inclusive Growth (IG)

    English, July 19-30, 2021, Vienna, Austria

    Apply online by May 16, 2021

    Virtual : Economic Issues in Regional Integration (ERI)

    English (French, Portuguese), June 7-18, 2021, Ebene, Mauritius

    Apply online by May 17, 2021

    Virtual : Macroeconometric Forecasting and Analysis (MFA)

    English, July 19-30, 2021, Singapore, Singapore

    Apply online by May 21, 2021

    Virtual : Financial Programming and Policies (FPP)

    English, June 21, 2021 - July 2, 2021, Singapore, Singapore

    Apply online by May 21, 2021

    Virtual : Monetary Policy (MP)

    English, September 20, 2021 - October 1, 2021, Singapore, Singapore

    Apply online by May 21, 2021