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Macroeconomic Statistics

Virtual : Advanced Issues in National Accounts (NAS)

Invitation

Session No.: SA 20.26V

Location: New Delhi, India

Date: November 2-6, 2020 (1 week)

Primary Language: English

    Target Audience

    The workshop is intended for government officials who are integrally involved in the compilation of national accounts statistics. Participants should be suppliers of statistics that are used to compile national accounts statistics, national accounts statistics compilers, or users of national accounts statistics for official policy-making purposes.

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    Qualifications

    Since the workshop will focus on advanced issues in national accounts, the participants must already possess a firm grasp of the fundamentals of national accounting.

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    Course Description

    This one-week course will cover advanced issues in National Accounts which compilers often encounter in the compilation of production and expenditure based Gross Domestic Product.
    The course will be based on the System of National Accounts 2008 (SNA 2008) and the Quarterly National Accounts Manual, 2017. The following topics will be covered: estimation and allocation of Financial Intermediation Services Indirectly Measured (FISIM); Insurance, Pensions and Social Insurance Schemes; estimation methods for Consumption of Fixed Capital; Work in Progress and Cultivated Assets; extensions and applications of Supply and Use Tables (SUT) and Input-Output Tables (IOT). The course will be delivered virtually, for three hours per day from November 2nd to 6th. The course will feature interactive lectures and hands-on exercises that enable participants to operationalize what they learn.

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    Course Objectives

    Upon completion of this course, participants should be able to:
    - Discuss general and specific aspects of advanced issues in National Accounts. 
    - Describe data sources that are typically used to estimate and allocate FISIM.
    - Estimate the value added arising from activities of insurance and  pension management.
    - Implement short-cut methods to estimate the capital stock and consumption of fixed capital.
    - Understand the circumstances when the Work in Progress method should be used and how to apply it.
    - Describe the extensions of Supply and Use Tables and their use in national accounting and economic modelling and analysis.

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