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Macroeconometric Forecasting and Analysis (MFA)

Macroeconometric Forecasting

This course, presented by the Institute for Capacity Development, gives government officials a rigorous foundation estimating of macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions. The course examines univariate and multivariate econometric time series models, state-space models, and nowcasting techniques such as BRIDGE, MIDAS, and UMIDAS models. Each topic includes a lecture discussing the underlying theory and a workshop with EViews applications. Participants work in groups on hands-on estimation and forecasting exercises.

Topic : General Macroeconomic Analysis

Target Audience

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

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Qualifications

Participants are expected to have an advanced degree in economics or equivalent experience and background in econometrics. They should also be comfortable using EViews for econometric applications. It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course.

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Course Objectives

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

  • Identify the foundations, characteristics, and limitations for several econometric model specifications. 
  • Use EViews software to apply modeling techniques that enhance their institutions' policy analysis and forecasting capabilities.  
  • Apply the techniques learned to country cases from their region to forecast and analyze a policy issue. 
  • Apply appropriate tools available in the EViews econometric package to their work or research and that of other countries. 
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Syllabus

This two-week course aims at providing government and related 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.
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Upcoming Offering

Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
March 17, 2025 March 28, 2025 Shenzhen, China In-person Training CT 25.02 English Apply online by February 9, 2025
April 28, 2025 May 9, 2025 Vienna, Austria In-person Training JV 25.11 English Deadline passed
June 30, 2025 July 11, 2025 Singapore, Singapore In-person Training ST 25.18 English Apply online by April 15, 2025
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Apply Now - Application deadline approaching:

IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

Inclusive Growth (IG)

English (Arabic) | April 14-25, 2025 | In-person Training | Abu Dhabi, United Arab Emirates

Apply online by February 3, 2025

Cyber Risk Regulation and Supervision (CRS)

English | May 5-9, 2025 | In-person Training | Singapore, Singapore

Apply online by February 7, 2025

Macroeconomics of Climate Change (MCC)

English | June 16-27, 2025 | In-person Training | Singapore, Singapore

Apply online by February 7, 2025

Model-Based Monetary Policy Analysis and Forecasting (MPAF)

English | March 3-13, 2025 | In-person Training | New Delhi, India

Apply online by February 7, 2025

Fiscal Sustainability (FS)

English (French, Portuguese) | March 3-14, 2025 | In-person Training | Ebene, Mauritius

Apply online by February 7, 2025