Indian Institute of Technology Bombay

Macro-Economic Theory, Policy And Data Analysis

Indian Institute of Technology Bombay

Other

About Programme

This programme is curated to provide officers of the Reserve Bank of India (RBI) a broad understanding of macroeconomic issues and tools used to assess the Indian macroeconomic situation, as well as, the world economic scenario. The programme is designed to strengthen participants' analytical ability to assess a country's macroeconomic fundamentals, including the current state of the economy; the stance of fiscal and monetary policy; financial stability and the sustainability of public debt. The integration of real and monetary sectors is crucial, and this programme will make the officers aware of such an integrated outlook. Throughout this training programme, these theoretical concepts will be highlighted with respect to India to illustrate its current macroeconomic opportunities and challenges, and to demonstrate hands-on practical (statistical/ econometric) tools for use in day-to-day macroeconomic analysis and policy making.

Programme Content

Upon successful completion of this hands-on training programme, officers will be able to:  Analyze macroeconomic and financial developments of a country using historical data and gain experience of a hands-on data driven statistical/ econometric tools.  Analyze and diagnose the macroeconomic outlook for the economy.  Assess the stance of current fiscal and monetary policy stance.  Assess macro-financial linkages, including through the analysis of financial sector soundness indicators.  Assess the medium-term prospects of the economy, especially the sustainability of public debt, and identify impediments to long-term growth.  Identify possible risks and vulnerabilities to economic growth and identify policies to address them.

Programme Benefits

HANDS ON FACILITY:
The participants can bring their own laptops for running econometric models to experiment what they have learnt in the classroom training.

Testimonials

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Indian Institute of Technology Bombay

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https://www.iitb.ac.in
Mumbai, India

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Macro-Economic Theory, Policy And Data Analysis | IIT Bombay