Macroeconomic Modeling and Forecasting
Course Description & Features
Description
This course equips participants with practical skills and theoretical foundations in macroeconomic modeling and forecasting, with an emphasis on applications relevant to African economies. Through a hands-on approach, participants will learn to construct macroeconomic models, simulate policy scenarios, and interpret model-based forecasts for strategic planning and economic decision-making. The course emphasizes the integration of real-world data, empirical techniques, and policy relevance, empowering economists and planners to better support sustainable growth and development initiatives.
Features
Delivery Mode- In-person / Online (Blended Option Available)
Target Audience Government economists, planners, central bank staff, statisticians, researchers, and policy advisors
Learning Outcomes - Understand core macroeconomic relationships and model structures - Apply econometric tools to real-world economic data - Build and calibrate macroeconomic models (e.g., IS-LM, DSGE) - Produce and interpret macroeconomic forecasts - Eva
Modules 1. Foundations of Macroeconomic Theory 2. Econometric Techniques for Forecasting 3. Time Series Analysis 4. Building Macroeconomic Models 5. Scenario Analysis and Policy Simulations
Software Used EViews, STATA, R, Excel, and Dynare
Assessment Practical modeling exercises, assignments, and a capstone group project
Certification Certificate of Achievement by IDEP
