# Macroeconomic Modelling and Forecasting

> Build and use economic models and forecasts to support policy and business decisions.

- **Provider:** Afriskora Training Solutions
- **Category:** Banking, Economics & Monetary Policy
- **Duration:** 5 days
- **Formats:** classroom (cities across Africa), live virtual (Zoom/Teams), in-house for teams
- **Certificate:** Afriskora Certificate of Completion, verifiable online
- **Booking:** request dates and a quote; invoice and EFT payment
- **Web page:** https://afriskora.co.za/courses/banking-economics/economic-modelling-forecasting
- **Request dates:** https://afriskora.co.za/request-training?course=economic-modelling-forecasting

## 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

## Learning outcomes

- 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 1: Macro data

- National accounts
- Balance of payments
- Fiscal and monetary accounts
- Data sources for Africa

### Day 2: Time series

- Trends and seasonality
- Stationarity
- ARIMA models
- Forecast evaluation

### Day 3: Models

- Regression models
- VAR basics
- Macro-fiscal frameworks
- Model building exercise

### Day 4: Scenarios

- Scenario analysis
- Policy simulations
- Shocks and risks
- Debt sustainability basics

### Day 5: Communication

- Presenting forecasts
- Fan charts and uncertainty
- Briefing decision-makers
- Project