Training Program

Senior IAS officers by nomination.

Senior IAS officers.

This course covers selected macroeconomic issues. The course explains the principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary) and their interlinkages including macro-fiscal and macro-financial aspects, how to diagnose macroeconomic imbalances and financial stability risks, and correct them through a coordinated set of adjustment policies. In addition, this course reinforces some of the basics of fiscal and monetary policy and debt sustainability analysis. There will be a mixture of lectures on economic theory and applications to the Indian context, and a final panel discussion. The course will feature an experienced team of IMF officials with knowledge on India and an expert with a significant background in academic research and high-level policy making in advanced economies.