Science & Social Sciences
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Macroeconometric Forecasting

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Course Features

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Duration

8 weeks

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Delivery Method

Online

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Available on

Limited Access

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Accessibility

Mobile, Desktop, Laptop

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Language

English

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Subtitles

English

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Level

Intermediate

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Effort

6 hours per week

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Teaching Type

Self Paced

Course Description

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.

Course Overview

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International Faculty

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Post Course Interactions

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Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

A background in statistics and economics at the undergraduate level is assumed.

What You Will Learn

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

Evaluation of macroeconometric models

Forecasting of uncertainty and forecasting for policy analysis

Properties of time series data and model design

Course Instructors

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Adina Popescu

Instructor

Instructor at EdX
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Adolfo Barajas

Senior Economist in the Institute for Capacity Development at The International Monetary Fund

Adolfo Barajas is a Senior Economist in the Institute for Capacity Development at the IMF. He teaches courses in financial sector issues and macroeconomics. He has worked in the Western Hemisphere an...
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Dmitry Plotnikov

Instructor at EdX

Dmitry Plotnikov is an economist in the IMF’s Western Hemisphere Department. At the time of course production, he worked in the Institute for Capacity Development in the European and Middle Eastern D...
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Jorge Restrepo

Instructor

Instructor at EdX
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