Macro Economic Forecasting and Projections

15 Julho to 26 Julho
19 Agosto to 30 Agosto
16 Setembro to 27 Setembro
14 Outubro to 25 Outubro
4 Novembro to 15 Novembro
9 Dezembro to 20 Dezembro
Kigali -Rwanda
1 Julho to 12 Julho
Kigali -Rwanda
5 Agosto to 16 Agosto
Kigali -Rwanda
2 Setembro to 13 Setembro

This Macro-Economic Forecasting and Projections training workshop aims to enhance participants to apply macroeconomic modeling skills. Econometric modelling, forecasting and economic projections have become some of the most important tools for policy makers of the day in quantifying the impacts of various policies on the economy. Confidence and investment in the Economy are mutually reinforcing. When Governments and businesses are confident about their growth prospects and certain about the policy environment, investments can be boosted.

Macro-economic forecasting and projections is fundamental to understand the Global outlook, the world economy continues to strengthen following a period of protracted weakness that began with the 2008 fiscal crisis. Macroeconomic Projections attempts to forecast economic conditions to help consumers, firms and governments make better decisions. ATI in this workshop will engage Participants to apply the techniques to a case study country for which they estimate a model, evaluate it, and then use the model for forecasting

Target Audience: 

The course is designed for Middle to Senior level officials who are actively involved in using modern econometric methods to prepare policy briefs, conducts research used in the design and implementation of macroeconomic policies and those that are familiar with the mechanism of the Macroeconomic Forecasting

Course Outcomes: 

Upon completing this workshop, the delegates should be able to:

  • Understand the need for underlying theory in Macroeconomic Modeling, Forecasting and Projections
  • Measures of uncertainty around economic forecasts and projections and identify the bases for a number of model specifications
  • Understand Real GDP forecasts, key assumptions including exchange rates, interest rates and commodity prices
  • Understand the interactions between Macroeconomic Blocks, describe macroeconomic blocks and estimate the equations in the Macroeconomic Blocks
  • Diagnose time series data projections, build a prototype model and understand other forecasting models
  • Apply the techniques learned to country cases from different regions to forecast and analyze macro-economic policy issue