Macroeconometric Modeling, Forecasting, and Policy Analysis
The course will introduce all the basic tools for constructing and implementing single and multi-country macroeconometric models for forecasting and policy analysis.
Course objective:
By the end of the course the participants will have acquired detailed knowledge of and extensive hands-on experience in:
- the use of EViews,
- econometrics with EViews,
- the structure of macroeconometric models,
- building the database for such models,
- estimating and calibrating the models,
- building single and multi-country models,
- implementing the models on the computer using EViews,
- forecasting and forecast evaluation,
- formulating scenarios and running policy simulations,
- reporting and interpreting the results.