Course Overview
This is an intensive, introductory-level course tailored for professionals involved in macroeconomic forecasting and policy analysis. It is specifically designed for personnel in central banks, ministries, and international institutions who are developing or using small to medium-scale macro models. Participants will gain a practical understanding of the tools necessary to construct and implement macro-econometric models for informed policy analysis.
Course Benefits
- Evaluation techniques for macro-econometric models
- Forecasting under uncertainty for better policy decisions
- Understanding the properties of time series data
- Model design using Vector Auto-Regression (VARs) and Error Correction Models (ECMs)
- Application of forecasting models in real-world policy scenarios
Training Schedule:
Weekdays (Sunday to Thursday):
- Regular Sessions: 4–6 hours/day
- Timing Options: 9:00 AM – 2:00 PM or 3:00 PM – 9:00 PM
- Food & refreshments included
Weekends (Friday & Saturday):
- Fast Track Sessions: 8 hours/day
- Timing: 9:00 AM – 5:00 PM
- Food & refreshments included
Learning & Assessment:
- Test: No
- Learning Aids: Yes
- Course Materials: Hard & Soft Copies
- Language of Instruction: English
Course Contents
Why and How Do We Forecast?
- Introduction
- Forecasting in decision theory
- Conditional and unconditional forecasts
- Statistical Criteria & Non-statistical Criteria
- Logical Coherence
- Economic Coherence
- Stability
Requirements
To register, participants must provide:
- Passport Copy
- Curriculum Vitae
- Passport-size Photographs
- Full Course Fee Payment
Features
- MNC Company
- Public Company
- Private Company
Features
- MNC Companies
- Public Companies
- Private Companies
Instructor
