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Macroeconomic Diagnostics (MDSx)


This online course, presented by the Institute for Capacity Development, is designed to strengthen participants’ ability to assess a country’s macroeconomic situation; it emphasizes practical tools for use in day-to-day macroeconomic analysis. The course covers assessments of:

  • the current state of the macroeconomy;
  • the stance of fiscal and monetary policy;
  • financial stability; and
  • the medium-term prospects of the economy, taking into account the sustainability of public and external debt, possible misalignments of the exchange rate, and vulnerabilities arising in the different sectors.

The course uses a case study to illustrate application of these tools and to show how they can contribute to the policymaking process.

Read More Topic : General Macroeconomic Analysis

    Target Audience

    All government officials are welcome to register. The course is particularly relevant for officials in central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macro-economy and making projections. The course is offered in English.

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    Some knowledge of economics is helpful. Basic Microsoft Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

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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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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    September 1, 2021 December 31, 2021 Course conducted online OL 21.146 English Apply online by November 19, 2021
    September 1, 2021 April 15, 2022 Course conducted online OL 21.163 French Apply online by March 4, 2022
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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 : Fiscal Sustainability (FS)

    English, November 8-19, 2021, New Delhi, India

    Apply online by October 22, 2021

    Virtual: Tax Policy and Administration: Theory and Practice (TPAT)

    English (French), November 8-19, 2021, Ebene, Mauritius

    Apply online by October 22, 2021

    Virtual : Managing Capital Flows: Macroeconomic Analysis and Policies (MCF)

    English (French, Portuguese), December 6-17, 2021, Ebene, Mauritius

    Apply online by October 22, 2021

    Virtual : Monetary Policy (MP)

    English, November 29, 2021 - December 9, 2021, Kuwait City, Kuwait

    Apply online by October 25, 2021

    Virtual : Macroeconomic Management in Resource-Rich Countries (MRC)

    English (French, Portuguese), November 15-26, 2021, Ebene, Mauritius

    Apply online by October 28, 2021