Macroeconomic Forecasting and Analysis (MFA)

Course Description: This course gives government officials a rigorous foundation in the estimation of macroeconometric models and their application for forecasting and policy analysis in central banks, ministries, and public research institutions. Participants work in groups on hands-on estimation and forecasting exercises.

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

  • Identify the bases for a number of model specifications;
  • Use EViews software to apply modeling techniques to country data and replicate results from important published research papers;
  • Apply the techniques learned to country cases from their region to forecast and analyze a policy issue; and
  • Apply appropriate tools available in the EViews econometric package to their own work or research and that of other countries.