Selected Macroeconomics Issues for Reserve Bank of India General Inductees
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Bibliographic details
- Session: SA 24.48
- Location: New Delhi, India
- Dates: December 2-6, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
Course description
- Provides junior officers of the Reserve Bank of India (RBI) a broad understanding of macroeconomic issues and tools used to assess the economic situation.
- 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; and
- the sustainability of public debt.
- Concepts are applied to India to illustrate current macroeconomic opportunities and challenges and to demonstrate practical tools for day-to-day macroeconomic analysis and policy making.
- Includes hands-on, Excel-based tools for empirical analysis.
Course objectives (learning outcomes)
Upon completion of the course, participants should be able to:
- Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel-based tools.
- 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 risks and vulnerabilities to economic growth and identify policies to address them.