Title: Macroeconometric Forecasting

Location: US

Company: The International Monetary Fund

About this course:
In this macroeconomics course, you will learn to predict macroeconomic variables such as inflation, growth or consumption, and to create statistical models in economics and use them to predict responses to economic policy.
You will learn from hands-on demonstrations of model-building, forecasting and policy analysis, using data sets from a wide variety of countries. Demonstrations and applications will be conducted using EViews —a popular software for estimating and simulating forecasting models on Windows. Free, temporary licenses for EViews will be made available for the duration of the course.
Macroeconometric Forecasting is offered by the IMF with financial support from the Government of Japan.

Evaluation of macroeconometric models

Forecasting of uncertainty and forecasting for policy analysis

Properties of time series data and model design

Dynamic specification and the use of vector auto-regression models (VARs) and error correction models (VECMs)

Learn how to create and assess forecasting models to predict macroeconomic variables such as inflation and economic growth.

Duration: 8 weeks

Skills:
- Demonstration Skills
- Economics
- Forecasting
- Macroeconomics
- Policy Analysis
- Statistical Modeling

Curriculum:
- Module 2: Introduction to Forecasting with
- Module 3: Statistical Properties of Times Series Data
- Module 4: Forecast Uncertainty and Model Evaluation
- Module 5: Vector Auto-Regressions (VARs)
- Module 6: Cointegration and Vector Error Correction Models (VECMs)
- Module 7: Evaluating Regressions Models

- Module 8: Final Assignment: Bringing It All Together