## Macroeconomic Diagnostics (MDS)

## Source details

**Canonical URL:** [Macroeconomic Diagnostics (MDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ot/2026/mdsot26-22)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ot/2026/mdsot26-22/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ot/2026/mdsot26-22/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ot/2026/mdsot26-22/bundle-manifest.json)

## Bibliographic details
- Session: OT 26.22
- Location: Vienna, Austria
- Dates: September 7-18, 2026 (2 weeks)
- Delivery method: In-person Training
- Primary language: English

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### Training program and logistics
- Session No.: OT 26.22
- Location: Vienna, Austria
- Date: September 7-18, 2026 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English

### Target audience and qualifications
- 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:
  - Participants are expected to have an advanced degree in economics or equivalent experience, good quantitative skills, and proficiency in the use of Microsoft Excel.

### Course description
- The course is 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;
  - vulnerabilities in the different sectors;
  - the medium-term outlook, especially the sustainability of public and external debt.
- Emphasis:
  - practical tools for use in 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 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 develop policies to address them.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)
- [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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ot/2026/mdsot26-22_