It is very important that policymakers understand recent developments in the area of macroeconomic modeling and their implications for the construction of economic models which can effectively address key policy issues in the specific context of a developing country.

The goal of this short-term course (training) is to enable participants to learn about how economic models are built and to use models to enquire and answer questions regarding how shocks affect the economy. This course aims to develop participants understanding and use of different models in the analysis of national economies and its sectors. Topics will typically include relevant economic theory, development of models and the interpretation of results. The emphasis throughout is on familiarizing participants with the practical application of multi-sectoral modelling techniques to address important issues in development economics and policy analysis.

Target Participants: 

Middle and senior level policy officials and managers directly connected with macroeconomic policy issues, designing models for planning, monitoring and evaluating macroeconomic policies in their countries, and officials of national statistical agencies with a professional interest and involvement in macroeconomic modelling. 

The course will focus on the following: 

• Basic Macroeconomic Concepts, Definitions, and Concepts Use in Modelling;
• Steps in Building and Formulating Macroeconomic Models; 
• Analysing Macroeconomic Model
• Interpretation of Results and Case Studies

Deadline for Applications and Nominations: 30 March 2018

Organised by: UNECA

Language: English & French

Email: training@unidep.org

Registration: https://www.unidep.org/release5/application/en/index.asp

Website: https://www.uneca.org/idep/pages/macroeconomic-modelling-development-planners