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General Macroeconomic Analysis

Applied Economic Policy Course for Indian Economic Service Officers

Invitation

Session No.: SA 25.30

Location: New Delhi, India

Date: June 30, 2025 - July 4, 2025 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    Mid-level to senior officials in ministries of finance or economy who are directly involved in diagnosing the state of the macroeconomy, making projections and providing policy inputs.

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    Qualifications

    Participants should preferably have an advanced degree in economics or equivalent experience.

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    Course Description

    This course is designed to strengthen participants' ability to comprehensively assess a country's macroeconomic situation, including the current state of the economy; the stance of fiscal and monetary policy; financial stability; vulnerabilities in the different sectors; and the medium-term outlook, including the management and sustainability of public debt. The course also discusses other key policy issues such as the goods and service tax, public debt management, fiscal risks and challenges with compiling statistical data. The course emphasizes practical tools for use in day-to-day macroeconomic analysis and relates them with Indian data. The course relies on relevant case studies to illustrate how these tools are applied and how they can contribute to the policymaking process.

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    Course Objectives

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

    • Analyze the four main macroeconomic sectors (real, fiscal, external, and monetary) and their interlinkages including macro-fiscal and macro-financial aspects, and how to diagnose macroeconomic imbalances. 
       
    • Assess the stance of current fiscal and monetary policy and fiscal sustainability, 
       
    • Understand major issues in public debt management in India and the public finances of India and its states. 
       
    • Understand macro-financial linkages and developments in the financial sector to assess risks to financial stability. 
       
    • Understand major issues in public financial management and fiscal risks, goods and service tax system in India, and challenges and data gaps in compilation of national accounts in India.
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