Macroeconometric Forecasting and Analysis (MFA)

related image
Deadline for the application has passed.
Course No.: GT 17.02
Location: Tbilisi, Georgia
Date: November 20, 2017-December 1, 2017 (2 Weeks)
Language: English

Target Audience:

Government officials involved in developing macro-econometric models and forecasting for the analysis, design, and implementation of macroeconomic policy.


Participants should have an advanced degree in economics or equivalent experience and background in econometrics. They should also be comfortable using EViews for econometric applications. Participants are strongly recommended to complete the online Macroeconometric Forecasting (MFx) course prior to enrolling in this course.

Course Description:

This course, presented by the IMF's Institute for Capacity Development, aims at providing government officials a rigorous foundation in the estimation of macro-econometric models and their application for forecasting and policy analysis in central banks, ministries, and public research institutions.  Participants will work together in groups to undertake a number of hands-on estimation and forecasting exercises.

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

- Identify the underpinnings of a number of model specifications.
- Use EViews software to apply modeling techniques to country data and replicate results from a variety of important published research papers.
- Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.
- Apply the appropriate econometric tools, implemented in the EViews econometric package, to their own country work or research, as well as to other countries' work/research, when they return home.

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.