## Macroeconomic Diagnostics

## Source details

**Canonical URL:** [Macroeconomic Diagnostics](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2019/mdsct19-14)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2019/mdsct19-14/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ct/2019/mdsct19-14/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ct/2019/mdsct19-14/bundle-manifest.json)

## Bibliographic details
- Session: CT 19.14
- Location: Dalian, China
- Dates: October 21, 2019 - November 1, 2019 (2 weeks)
- Primary language: English
- Interpretation language: Chinese

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### Target Audience
- Mid-level to senior officials in central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.

### Training Program / Invitation
- Program: Macroeconomic Diagnostics (MDS) presented by the IMF Institute for Capacity Development.
- Session No.: CT 19.14
- Location: Dalian, China
- Date: October 21, 2019 - November 1, 2019 (2 weeks)
- Primary Language: English
- Interpretation Language: Chinese

### Qualifications
- Participants should have an advanced degree in economics or equivalent experience.
- Required skills: good quantitative skills and proficiency in the use of Excel.
- Recommendation: It is strongly recommended that applicants complete the online FPP.1 x and FFP.2 x courses or the face-to-face equivalent.

### Course Description
- Purpose: To strengthen participants’ ability to comprehensively assess a country’s macroeconomic situation.
- Key diagnostic areas covered:
  - Current state of the economy.
  - Stance of fiscal and monetary policy.
  - Financial stability.
  - Exchange rate misalignments.
  - Vulnerabilities in the different sectors.
  - Medium-term outlook, especially the sustainability of public and external debt.
- Emphasis: Practical tools for day-to-day macroeconomic analysis.
- Methodology: Relies on case studies relevant to the region where the course is given to illustrate application of tools and contributions to the policymaking process.

### Course Objectives
- 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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## References

- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2019/mdsct19-14_