Macroeconomic Management Department Programmes

Regional course on Modeling and Forecasting to Econometric for Policy Analysis for Senior Economists and Other Professionals

Date: January 29 - February 2, 2018
Duration: 5 Days
Venue: Lagos, Nigeria

Objectives

This course is designed to upgrade the analytical skills of economists with operational responsibility for preparing policy papers, statistical data, forecasts and other inputs into the policy making process through intensive training in techniques for developing macroeconomic and demand for money models. The main objective of this course is to improve the participants’ skills in the following:

  • Data manipulation on E-views
  • Techniques and procedures for monitoring periodically the movement of key economic variables and methods for tracking their effects on macroeconomic aggregates.
  • Simulating the effects of external and internal shocks and policy changes
  • Forecasting models for macroeconomic policy formulation for monetary management.

Who may attend

 The course is intended for middle, senior and executive level officials of Central Banks, ministries of Finance and Economic planning, and other relevant agencies whose responsibilities include policy analysis and advise on economic management. Participants should have at least some experience in econometrics with a minimum background in Economics.

Regional Course on Introduction to Econometric software for Policy Analysis

Date: February 26 - March 9, 2018

Duration: 2 Weeks

Venue: Lagos, Nigeria

Objective

The course is structured at the basic level to expose participants to the rudiments of some econometric software packages including Excel, Eviews, Stata, SPSS. At the end of this course participants should be able to conduct basic statistical and econometric analysis and forecasting using these software packages. They should be able to, among others, derive multiple regression parameter estimates and perform statistical inference on regression parameters. Participants would also understand basic research methods and use of econometric software. (Excel,Eviews,Stata,SPSS)

Who May Attend

The course is targeted at senior economists, executive and middle level officers of central banks, ministries of finance and economic planning, and relevant public sector agencies who use the various econometric software and modelling tools and techniques for the formulation, implementation and analysis of data for macroeconomic policy advice and decisions. No prior knowledge of econometrics is required, though this might be helpful.

WAIFEM Regional Seminar on West Africa’s International Trade, Taxes and Trade policy

Date: March 19 - 28, 2018
Duration: 8 Days
Venue: Banjul, The Gambia

Objective

The main objective of the seminar is to provide participants with an understanding of pertinent issues relating to international trade, taxes and negotiations, as well as build capacity for formulation and implementation of good and effective external trade policies to yield maximum benefits.
The seminar will also expose participants to contemporary tools in trade policy analysis and provide a theoretically consistent and quantitative way to evaluate different economic policies.

Who May Attend

The seminar is targeted at senior/executive level officials from central banks, ministries of finance, Ministries of trade and other public agencies that are involved in the formulation, implementation and analysis of macroeconomic and trade policies in their respective countries.

Regional Course on Monetary Operations, Liquidity Management and Forecasting

Date: April 16 - 25, 2018
Duration: 8 Days
Venue: Freetown, Sierra Leone

Objectives

The course is intended to expose participants to liquidity management and the risks associated with it, how to mitigate the risks and liquidity forecasting. It will also expose them to liquidity management and forecasting techniques that will enable them to improve on liquidity management skills for a safe and sound banking sector of the WAIFEM member countries.


Who May Attend

This course is targeted at the middle/executive level officials from central Banks, ministries of finance and economic planning, and other public agencies that are involved in the formulation, implementation and analysis of macroeconomic and trade policies in their respective countries.

Regional Course on Basic Econometric Methods for Policy Analysis

Date: May 7 - 18, 2018
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objective

This course is structured at the basic level, and hence no prior knowledge of econometrics is required, even though this might be helpful. At the end of the course, participants should be able to conduct basic statistical and econometric analysis and forecasting. They should be able to among others: derive multiple regression parameter estimates and perform statistical inference on regression parameters. Participants would also understand basic research methods and use econometric software (Eviews, RATS,Stata,SPSS) for basic data analysis and forecasting.

Who May Attend

This course is targeted at senior economists, including middle/executive level officials of ministries of Finance and Economic planning, Central Banks, and relevant public-sector agencies involved in the formulation, implementation and analysis of monetary policy for effective macroeconomic management.

Regional Course on Public Financial Management: Budgeting, Planning and Performance

Date: June 4 - 13, 2018
Duration: 8 Days
Venue: Monrovia, Liberia

Objective of the Workshop

This course is designed to provide participants with an understanding of how public budgeting fits into the macroeconomic framework. Specifically aimed at:

  • Exposing the participants to how public financial management requires different forms of public accounting.
  • Learning the techniques of budget formulation and the budget process
  • Understanding costs and different ways of measuring them and how costs are used in budgets
  • Increasing their understanding of the budgeting process at the national level
  • Applying ideas about accounting to the production of various forms of account for public services and public money.

Who May Attend

The course is intended for middle, senior and executive level officials of Central Banks, ministries of Finance and Economic planning, and other relevant agencies whose responsibilities include budgeting in countries of the sub-region.

IMF/WAIFEM Regional Course on Balance of Payments Statistics

Date: July 2 - 13, 2018
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objectives

The course is designed to keep participants abreast of the revised SNA and BOP compilation ad regional harmonization of statistical/analytical data. The course is aimed at upgrading the knowledge and skills of participants for the compilation of balance of payments, international investment position, the systems of National accounts and the inter-linkages with other sectoral accounts. The basic concepts, accounting principles and methods of compilation/classification will also be dealt with within the context of the larger system of national accounts.

Who may Attend:

This course is targeted at Middle, Executive level officials of central banks, Ministries of Finance, Economic planning and trade, government statistics bureau/offices and other public-sector agencies involved in the compilation of national accounts and balance of payments as well as the analysis, formulation and implementation of macroeconomic policies.

Project Appraisal for Economic Management

Date: July 30 - August 8, 2018
Duration: 8 Days
Venue: Abuja, Nigeria

Objectives

The objective of this course is to upgrade the skills and capacities of participants through a holistic approach to project appraisal for effective economic management. At the end of this course participants should be able to apply project appraisal in economic policy analysis and management.

Who Should Attend

This course is intended for Middle and senior level officials of Central banks, ministries of Finance and Economic planning and other relevant agencies whose responsibilities include project appraisals and economic management in countries of the sub-region.

Regional Course on Modelling and Forecasting for Policy Analysis for Senior Economists and Directors of Research (DGSE Model)

Date: September 10 - 21, 2018
Duration: 2 Weeks
Venue: Lagos, Nigeria

Objectives

This course is designed to upgrade the analytical skills of economists with operational responsibility for preparing policy papers, statistical data, forecasts and other inputs into the policy making process through intensive training in techniques for developing macroeconomic and demand for money models. The main objective of this course is to improve the participants’ skills in the following:

  • Data manipulation on E-views
  • Techniques and procedures for monitoring periodically the movement of key economic variables and methods for tracking their effects on macroeconomic aggregates.
  • Simulating the effects of external and internal shocks and policy changes
  • Forecasting models for macroeconomic policy formulation for monetary management.

Who May Attend

The course is intended for middle, senior and executive level officials of Central Banks, ministries of Finance and Economic planning, and other relevant agencies whose responsibilities include policy analysis and advise on economic management. Participants should have at least some experience in econometrics with a minimum background in Economics.

Participants would be required to bring along with them their country’s macroeconomic data as well as laptops for the course

IMF/AFW2/WAIFEM Regional course on Monetary Policy

Date: October 8 - 19, 2018
Duration: 2 Weeks
Venue: Accra, Ghana

Objectives

This two-week course, presented by the IMF’s institute for Capacity Development introduces participants to the different types of monetary policy strategies and exchange rate arrangements that countries may choose, emphasizing that the two choices must be mutually consistent.

Who May Attend

The course is targeted at mid to senior level officials involved in monetary policy making in ministries of Finance and Economic planning, Central Banks, and other relevant public sector agencies.
Participants should have an advanced degree in Economics or equivalent experience.

IMF/WAIFEM Regional course on Financial Programming and Policies

Date: November 5 - 16, 2018
Duration: 2 Weeks
Venue: Accra, Ghana

Objectives

The main objective of this two-week course is to provide participants with an understanding of the key analytical concepts and frameworks required to design and implement macroeconomic and financial policies that are needed to ensure growth, stability and poverty reduction.

Who May Attend

The course is targeted at middle, executive level officials from central banks, ministries of Finance and Economic planning and other public agencies that are involved in the formulation, implementation and analysis of macroeconomic and financial policies in their respective countries.
Nominees of this course should have advanced degrees in Economics and/or Finance and preferably be former participants of the institute’s courses on Techniques of Economic Analysis (TEA) or Macroeconomic modelling, forecasting and policy analysis.
The Ability to use computer-based spreadsheets is highly desirable due to the technical nature of this course.
Participants should have completed the online FPP before the start date of the course.

Domestic Resource Mobilization and Economic Management

Date: TBA
Duration: 8 Days
Venue: Lagos, Nigeria

Objectives

This course is aimed at equipping participants with the required skills and knowledge to formulate policy reforms aimed at domestic resource mobilization for financing projects and programmes for sustainable economic development. It will also give participants first hand appreciation of the challenges associated with the mobilization of resources to finance key infrastructure projects.

Who may attend

This course is organized for mid-career and senior level government officials working in Central banks, ministries of Finance and Economic development who are responsible for budgeting, tax policy, resource mobilization, financial sector and investment policy.