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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

    Officials from 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 develop 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 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) Deadline passed
    September 23, 2024 October 4, 2024 Bangkok, Thailand In-person Training OT 24.13 English Invitation
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    Apply Now - Application deadline approaching:

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

    Inclusive Growth (IG)

    English (French, Portuguese) | September 16-27, 2024 | In-person Training | Ebene, Mauritius

    Apply online by July 12, 2024

    Exchange Rate Policy (ERP)

    English | December 2-13, 2024 | In-person Training | Singapore, Singapore

    Apply online by July 14, 2024

    Financial Development and Financial Inclusion (FDFI)

    English | October 7-11, 2024 | Blended Training | Vienna, Austria

    Apply online by July 14, 2024

    Best Practices to Enhance Effectiveness of CFT Frameworks

    English (Arabic) | September 22-26, 2024 | In-person Training | Kuwait City, Kuwait

    Apply online by July 14, 2024

    Financial Market Infrastructures: Principles and Practices (FMI-PP)

    English | October 7-11, 2024 | In-person Training | Singapore, Singapore

    Apply online by July 15, 2024