{
  "title": "Macroeconometric Forecasting and Analysis (MFA)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2025/mfact25-02",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2025/mfact25-02",
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  "summary": "Macroeconometric Forecasting and Analysis Training Program Target Audience Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.",
  "publishDate": "2025-10-15",
  "sections": [
    {
      "heading": "Target audience",
      "content": "- Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.\n- Participants are expected to have an advanced degree in economics or equivalent experience and background in econometrics.\n- Comfort using EViews for econometric applications is required.\n- It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course."
    },
    {
      "heading": "Course description",
      "content": "- Presented by the Institute for Capacity Development.\n- Gives government officials a rigorous foundation estimating macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions.\n- Examines:\n  - Univariate and multivariate econometric time series models.\n  - State-space models.\n  - Nowcasting techniques such as BRIDGE, MIDAS, and UMIDAS models.\n- Each topic includes a lecture discussing the underlying theory and a workshop with EViews applications.\n- Participants work in groups on hands-on estimation and forecasting exercises."
    },
    {
      "heading": "Core technical skills and tools emphasized",
      "content": "- Estimation of macro-econometric models for policy analysis and forecasting.\n- Nowcasting techniques: BRIDGE, MIDAS, UMIDAS.\n- State-space modeling approaches.\n- Practical application using the EViews econometric package."
    },
    {
      "heading": "Course objectives (upon completion)",
      "content": "- Identify the foundations, characteristics, and limitations for several econometric model specifications.\n- Use EViews software to apply modeling techniques that enhance their institutions' policy analysis and forecasting capabilities.\n- Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.\n- Apply appropriate tools available in the EViews econometric package to their work or research and that of other countries."
    },
    {
      "heading": "Institutional offering",
      "content": "- IMF offers online training to government officials and the public."
    }
  ],
  "bullets": [
    "Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.",
    "Participants are expected to have an advanced degree in economics or equivalent experience and background in econometrics.",
    "Comfort using EViews for econometric applications is required.",
    "It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course.",
    "Presented by the Institute for Capacity Development.",
    "Gives government officials a rigorous foundation estimating macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions.",
    "Examines:",
    "Each topic includes a lecture discussing the underlying theory and a workshop with EViews applications.",
    "Participants work in groups on hands-on estimation and forecasting exercises.",
    "Estimation of macro-econometric models for policy analysis and forecasting.",
    "Nowcasting techniques: BRIDGE, MIDAS, UMIDAS.",
    "State-space modeling approaches.",
    "Practical application using the EViews econometric package.",
    "Identify the foundations, characteristics, and limitations for several econometric model specifications.",
    "Use EViews software to apply modeling techniques that enhance their institutions' policy analysis and forecasting capabilities.",
    "Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.",
    "Apply appropriate tools available in the EViews econometric package to their work or research and that of other countries.",
    "IMF offers online training to government officials and the public."
  ],
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    "bundleManifest": "/en/capacity-development/training/icdtc/schedule/ct/2025/mfact25-02/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-29T17:05:47.654Z"
}