## Virtual - Macroeconomic Diagnostics (MDS)

## Source details

**Canonical URL:** [Virtual - Macroeconomic Diagnostics (MDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2020/mdsct20-06v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2020/mdsct20-06v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ct/2020/mdsct20-06v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ct/2020/mdsct20-06v/bundle-manifest.json)

## Bibliographic details
- Session: CT 20.06V
- Location: Beijing, China
- Dates: October 19-30, 2020 (2 weeks)
- Primary language: Chinese

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### Target audience and qualifications
- 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.
- Qualifications:
  - Expected to have an advanced degree in economics or equivalent experience.
  - Good quantitative skills.
  - Proficiency in the use of Microsoft Excel.
  - Strong recommendation to have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1 x) or the online Macroeconomic Diagnostics (MDSx) course.

### Course description
- Presented by the Institute for Capacity Development.
- Designed to strengthen participants’ ability to comprehensively 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;
  - the medium-term outlook, especially the sustainability of public and external debt.
- Emphasizes practical tools for day-to-day macroeconomic analysis.
- Relies on case studies relevant to the region where the course is given to illustrate application of tools and contribution to the policymaking process.

### Course objectives
Upon completion of the course, participants should be able to:
- Analyze potential output, calculate output gaps, and diagnose the outlook for the economy.
- Assess the stance of current fiscal, monetary, 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.
- 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)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2020/mdsct20-06v_