Virtual : Macroeconomic Diagnostics (MDS)
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- Virtual : Macroeconomic Diagnostics (MDS)
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Bibliographic details
- Session: CT 22.13V
- Location: Beijing, China
- Dates: August 22, 2022 - September 2, 2022 (2 weeks)
- Delivery method: Virtual Training
- Primary language: Chinese
Invitation / Course logistics
- Session No.: CT 22.13 V
- Location: Beijing, China
- Date: August 22, 2022 - September 2, 2022 (2 weeks)
- Delivery Method: Virtual Training
- Primary Language: Chinese
- Presented by the Institute for Capacity Development
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.
Qualifications and prerequisites
- Expected qualifications:
- An advanced degree in economics or equivalent experience
- Good quantitative skills
- Proficiency in the use of Microsoft Excel
- Strong recommendation:
- Applicants are strongly recommended to 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 description
- 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
- the medium-term outlook, especially the sustainability of public and external debt
- Emphasis:
- Practical tools for day-to-day macroeconomic analysis
- Reliance on case studies relevant to the region where the course is given to illustrate application of tools and contribution to the policymaking process
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.
References