Quarterly National Accounts (QNA)
Invitation
Session No.: SA 19.12
Location: New Delhi, India
Date: March 11-15, 2019 (1 week)
Primary Language: English
Target Audience
Qualifications
Course Description
This one-week course will be presented by experts from the International Monetary Fund's Statistics Department. The course will be based on the System of National Accounts 2008 (SNA 2008) and the Quarterly National Accounts Manual, 2017. The course will cover the following topics: The scope, role and strategic issues on quarterly national accounts; data sources for the production and expenditure approach; strategies for selecting quarterly indicators; establishing a quarterly processing system; benchmarking techniques and software; seasonal adjustment; price and volume measures; Chain-linking quarterly national accounts; inventory valuation methods; revision policy, and, economic analysis of quarterly national accounts. The course will feature interactive lectures and hands-on exercises that enable participants to operationalize what they learn.
Course Objectives
- Discuss general and specific aspects of the quarterly national accounts framework as embodied in the SNA 2008 and the Quarterly National Accounts Manual, 2017.
- Describe data sources that are typically used to estimate the quarterly national accounts using both the production and expenditure approach.
- Select quarterly indicators using conceptual and empirical methods.
- Benchmark quarterly indicators to annual estimates using the xlpbm EXCEL add-on.
- Describe the important and technical process of seasonal adjustment and work through a live example.
- Use price indicies and volume measures to extrapolate quarterly estimates
- Ensure quarterly estimates of inventory change are recorded as "value of physical change" using appropriate inventory valuation methods.
- Perform economic analysis of quarterly national accounts, and it's role in the business cycle.
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