IMF | STI

Details

Start: 
January 18, 2027

End:
January 29, 2027

Course Number:
ST27.03

Application Deadline

August 21, 2026

Macroeconomic Diagnostics (MDS)

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

This 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; and the medium-term outlook, especially the sustainability of public and external debt.
The course emphasizes practical tools for use in day-to-day macroeconomic analysis and relies on case studies relevant to the region where the course is given to illustrate how these tools are applied and how they can contribute to the policymaking process.

Course Objectives

Upon completion of this 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.