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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
    September 20, 2021 October 1, 2021 Vienna, Austria JV 21.40V English Deadline passed
    September 27, 2021 October 8, 2021 New Delhi, India SA 21.28V English Apply online by August 28, 2021
    January 17, 2022 January 28, 2022 Ebene, Mauritius AT 22.01V English (French, Portuguese) Apply online by December 24, 2021
    March 14, 2022 March 25, 2022 Singapore, Singapore ST 22.13 English Apply online by October 15, 2021
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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.

    Virtual: Statistics on International Trade in Goods and Services (ITGS)

    English (Arabic), September 6-9, 2021, Kuwait City, Kuwait

    Apply online by August 5, 2021

    Virtual: Macro-Stress Testing (MST)

    English, September 13-20, 2021, Kuwait City, Kuwait

    Apply online by August 5, 2021

    Virtual : Financial Development and Financial Inclusion (FDFI)

    English, October 25, 2021 - November 5, 2021, Singapore, Singapore

    Apply online by August 6, 2021