Macroeconomic Modelling and Forecasting Course

Event: Macroeconomic Modelling and Forecasting Course

Venue: Indepth Research Services, Nairobi, Kenya.

Event Date: 23rd – 27th October, 2017.

NITA CERTIFIED

INTRODUCTION

This hands-on workshop focuses on the process of building and operating small-scale structural macroeconomic models and satellite models for forecasting in central banks. The programme will involve both presentations providing the theoretical background of the topics covered and computer training enabling direct application of the methodologies previously covered.

DURATION
5 Days

WHO SHOULD ATTEND?

Economists with a reasonable technical background in macroeconomic modeling and forecasting or junior economists whose duties involve/will involve modeling and forecasting.

LEARNING OBJECTIVES

• Introduce participants to Macroeconomic Modeling and Forecasting concepts
• Assess the key insights from best practice international modelling, and recent policy applications
• Explain and assess the relative roles of deterministic and stochastic macroeconomic models, and their steady state and dynamic properties
• Display a sound appreciation of the roles of macroeconomic and structural models in forecasting, projection and policy processes

TOPICS TO BE COVERED

• Introduction to Macroeconomic Modeling and Forecasting
• Work with data and stylized facts, country specific features
• Forward-looking models, endogenous monetary policy
• Impulse response analysis
• Kalman filtering
• Model testing
• Forecasting and incorporation of judgment
• Decomposition of the aggregate forecast
• Automation
• Scenario analysis, uncertainty
• Near-term forecasting methods
• Fiscal, monetary and foreign trade forecasting

Tailor-Made Training

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

How to participate

• Tailors make your course.
• Register individual.
• Register as a group.
• Become one of our partners.
• Purchase software’s
• Frequently asked Questions (FAQ’s)

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For further inquiries, please contact us on Tel: +254 715 077 817, +254 (020) 211 3814, +254 731240802, +254 735331020.

Others Details

Accommodation is arranged upon request. For reservations contact the Training Officer.