## Macroeconomic Diagnostics (MDS)

## Source details

**Canonical URL:** [Macroeconomic Diagnostics (MDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2023/mdsjv23-37)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2023/mdsjv23-37/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2023/mdsjv23-37/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2023/mdsjv23-37/bundle-manifest.json)

## Bibliographic details
- Session: JV 23.37
- Location: Vienna, Austria
- Dates: December 4-15, 2023 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Target audience
- Officials from central banks and ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy and making projections.

### Qualifications and prerequisites
- Expected qualifications:
  - Advanced degree in economics or equivalent experience.
  - Good quantitative skills.
  - Proficiency in the use of Microsoft Excel.
- Strong recommendation:
  - Applicants are strongly recommended 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 different sectors.
  - The medium-term outlook, especially the sustainability of public and external debt.
- Emphasis on practical tools for day-to-day macroeconomic analysis.
- Reliance 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 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 develop policies to address them.

### Additional note
- IMF offers online training to government officials and the public; interested audiences can consult IMF training offerings for current courses.

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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [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/jv/2023/mdsjv23-37_