## Virtual : Macroeconomic Diagnostics (MDS)

## Source details

**Canonical URL:** [Virtual : Macroeconomic Diagnostics (MDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2021/mdssa21-28v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2021/mdssa21-28v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2021/mdssa21-28v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2021/mdssa21-28v/bundle-manifest.json)

## Bibliographic details
- Session: SA 21.28V
- Location: New Delhi, India
- Dates: September 27, 2021 - October 7, 2021 (2 weeks)
- Delivery method: Virtual Training
- Primary language: English
- Status: Deadline passed

---

### Overview and logistics
- Session No.: SA 21.28 V
- Location: New Delhi, India
- Date: September 27, 2021 - October 7, 2021 (2 weeks) New dates
- Delivery Method: Virtual Training
- Primary Language: English
- Status: Deadline passed
- 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 and prerequisites
- Expected background:
  - Advanced degree in economics or equivalent experience.
  - Good quantitative skills.
  - Proficiency in the use of Microsoft Excel.
- Strong recommendation:
  - Applicants have completed the online FinancialProgramming 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.
- Purpose: Strengthen participants’ ability to comprehensively assess a country’s macroeconomic situation.
- Emphases:
  - Practical tools for day-to-day macroeconomic analysis.
  - Case studies relevant to the region where the course is given to illustrate application of tools and contribution to policymaking.

### Core analytical areas covered
- Assess the current state of the economy, including:
  - Potential output and output gaps.
  - The stance of fiscal and monetary policy.
  - Financial stability and financial sector soundness indicators.
  - Exchange rate misalignments.
  - Vulnerabilities in different sectors.
- Medium-term outlook analysis:
  - Sustainability of public debt.
  - Sustainability of external debt.
- Risk identification:
  - Possible external and internal economic risks and vulnerabilities to economic growth.

### Course objectives (learning outcomes)
- 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.

---


## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2021/mdssa21-28v_