Macroeconomics Module for RBI General Inductees
Invitation
Session No.: SA 23.08
Location: New Delhi, India
Date: February 6-10, 2023 (1 week)
Delivery Method: In-person Training
Primary Language: English
Target Audience
Inductees into the RBI's General cadre.
Qualifications
Successful candidates inducted into the RBI's General cadre through its competitive selection process.
Pre-requisites
A background in economics would be useful but not essential.
Course Description
This course, presented by the IMF Institute for Capacity Development, is designed to strengthen participants' ability to 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; and the medium-term outlook, especially the sustainability of public and external debt. Throughout the course these concepts are applied to India to illustrate its current macroeconomic opportunities and challenges, and to demonstrate practical tools for use in day-to-day macroeconomic analysis and policymaking.
Course Objectives
Upon completion of this workshop, participants should be able to:
- Analyze potential output and calculate output gaps, and diagnose the outlook for the economy.
- Assess the stance of current fiscal, monetary and 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, and identify impediments to long-term growth.
- Identify possible external and internal economic risks and vulnerabilities to economic growth and identify policies to address them.
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