Macroeconomic Modelling and Forecasting
Build and use economic models and forecasts to support policy and business decisions.
- 5 days
- Classroom · Live virtual · In-house
- Afriskora Certificate of Completion
Course overview
This course covers macroeconomic accounts, time-series analysis, forecasting methods, simple macroeconomic models and scenario analysis, with hands-on exercises using Excel and statistical software on African data.
Who should attend
- Economists in government and central banks
- Treasury and planning analysts
- Bank and corporate economists
- Researchers
What you will be able to do
- Work with national accounts and macro data
- Apply time-series forecasting methods
- Build simple macroeconomic models
- Run scenarios and policy simulations
- Communicate forecasts and uncertainty
Course outline
Day 1Macro data
- • National accounts
- • Balance of payments
- • Fiscal and monetary accounts
- • Data sources for Africa
Day 2Time series
- • Trends and seasonality
- • Stationarity
- • ARIMA models
- • Forecast evaluation
Day 3Models
- • Regression models
- • VAR basics
- • Macro-fiscal frameworks
- • Model building exercise
Day 4Scenarios
- • Scenario analysis
- • Policy simulations
- • Shocks and risks
- • Debt sustainability basics
Day 5Communication
- • Presenting forecasts
- • Fan charts and uncertainty
- • Briefing decision-makers
- • Project
Frequently asked questions
How long is the Macroeconomic Modelling and Forecasting course?
The course runs for 5 days. Daily start and finish times are confirmed in your joining instructions. Live virtual sessions cover the same programme.
Do I receive a certificate?
Yes. Every participant who completes the course receives an Afriskora Certificate of Completion with a unique code that employers can verify online.
Can this course be delivered in-house for our team?
Yes. We can run it at your premises or online for your team, on dates that suit you, and adapt examples and case studies to your sector.
How do I book and pay?
Request dates and we'll send available sessions and a quote. Bookings are confirmed by invoice and paid by EFT. South African clients can include the course in their Workplace Skills Plan.
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