Macroeconomic Diagnostics (MDS)
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- Macroeconomic Diagnostics (MDS)
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Bibliographic details
- Published: July 31, 2024
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| September 7, 2026 | September 11, 2026 | Shenzhen, China | [[[[In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | CT 26.16 | English | Deadline passed |
| September 7, 2026 | September 18, 2026 | Vienna, Austria | [[[[In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OT 26.22 | English | Invitation |
| September 14, 2026 | September 25, 2026 | Washington, D.C., United States | [[[[In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | HQ 26.09 | Spanish | Deadline passed |
| October 5, 2026 | October 16, 2026 | Yaounde, Cameroon | [[[[In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OT 26.28 | French | Invitation |
| March 22, 2027 | April 2, 2027 | Ebene, Mauritius | [[[[In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | AT 27.05 | English (French, Portuguese) | Apply online by February 12, 2027 |
Overview
- Course presented by the Institute for Capacity Development.
- 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;
- the medium-term outlook, especially the sustainability of public and external debt.
- Emphasizes practical tools for day-to-day macroeconomic analysis and uses region-relevant case studies to illustrate application to policymaking.
- Topic: General Macroeconomics
- Course duration: two-week course.
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
- Expected credentials and skills:
- advanced degree in economics or equivalent experience;
- good quantitative skills;
- proficiency in the use of Microsoft Excel.
- Strong recommendation:
- applicants should have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1 x) or the online Macroeconomic Diagnostics (MDSx) course.
Course Objectives
Upon completion, 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 and Course Structure
- Two-week course structured to strengthen comprehensive macroeconomic assessment capabilities covering:
- current state of the economy;
- stance of fiscal and monetary policy;
- financial stability and exchange rate misalignments;
- vulnerabilities across sectors;
- medium-term outlook with emphasis on public and external debt sustainability.
- Emphasis on practical tools and use of case studies relevant to the region where the course is given to illustrate tool application and contribution to the policymaking process.