Macroeconomics Foundation Course for Reserve Bank of India Economists
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- Macroeconomics Foundation Course for Reserve Bank of India Economists
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Bibliographic details
- Session: SA 25.08
- Location: Mumbai, India
- Dates: January 13-24, 2025 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
Qualifications and Target Audience
- Qualifications:
- Participants are expected to have an advanced degree in economics or equivalent experience.
- Participants should be comfortable using Microsoft Excel.
- Target Audience:
- Junior officials who have recently joined the Reserve Bank of India with adequate background in quantitative methods and interested in understanding and analyzing the conduct of macroeconomic and financial sector policies.
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 misalignments;
- 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 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 and calculate output gaps and diagnose the outlook for the economy.
- Assess the stance of current fiscal, monetary and 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, and identify impediments to long-term growth.
- Identify possible external and internal economic risks and vulnerabilities to economic growth and identify policies to address them.
References