High-Frequency Indicators of Economic Activity (IEA)

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Apply online by October 05, 2018
Course No.: AT 18.15
Location: Ebene, Mauritius
Date: November 12, 2018-November 16, 2018 (1 Week)
Language: English (French)

Target Audience:

Officials responsible for compiling short-term or monthly economic indicators in central banks and statistical offices.


Participants should have a degree in economics or statistics or equivalent experience.

Course Description:

This course, presented by the IMF Statistics Department, deals with identification and assessment of elementary indicators and techniques for combining them into a single index of economic activity to track national trends. Flash estimates or indexes of economic activity bring together a range of elementary indicators to give timely general measures of economic activity. These measures give policy makers useful information that complements annual and quarterly GDP estimates, which are more comprehensive but usually only available after substantial lags, and provide a more comprehensive picture than individual monthly and quarterly indicators, which are up-to-the-minute but reflect just a portion of the total economy).

This course is for actual or potential compilers of short-term indicators in central banks and statistical offices and for those who collect data for monthly indicators. Participants are expected to work with their own monthly and quarterly time series during the course. These indicators will be used in the practical session as the basis for experimental estimates.

Course Objectives:

Upon completion of this course, participants should be able to:

  • Explain the nature and potential uses of high-frequency statistics on economic activity and their relation to and consistency with the system of national accounts.
  • Design a simple framework for compiling an index of economic activity, from collection of source data to application of simple statistical methods and index compilation techniques.
  • Exploit useful short-term information contained in the IEA by applying analytical tools, deriving tables, and statistical procedures.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.