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THE ARAB MONETARY FUND WILL HOLD A TRAINING COURSE ON "ECONOMIC MODELING COURSE" AT ITS HEADQUARTERS IN ABU DHABI DURING THE PERIOD 11-15 NOVEMBER 2018

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THE ARAB MONETARY FUND WILL HOLD A TRAINING COURSE ON "ECONOMIC MODELING COURSE" AT ITS HEADQUARTERS IN ABU DHABI DURING THE PERIOD 11-15 NOVEMBER 2018

Post  claud39 on Sun Nov 11, 2018 7:27 am

https://www.amf.org.ae/ar/content/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A-%D9%8A%D8%B9%D9%82%D8%AF-%D8%AF%D9%88%D8%B1%D8%A9-%D8%AA%D8%AF%D8%B1%D9%8A%D8%A8%D9%8A%D8%A9-%D8%AD%D9%88%D9%84-%D8%AF%D9%88%D8%B1%D8%A9-%D8%A7%D9%84%D9%86%D9%85%D8%B0%D8%AC%D8%A9-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%A8%D9%85%D9%82%D8%B1%D9%87-%D8%A8%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D9%81%D8%AA%D8%B1%D8%A9



THE ARAB MONETARY FUND WILL HOLD A TRAINING COURSE ON "ECONOMIC MODELING COURSE" AT ITS HEADQUARTERS IN ABU DHABI DURING THE PERIOD 11-15 NOVEMBER 2018










2018-11-11


The Arab Monetary Fund opened a training course on "Economic Modeling" at its headquarters in Abu Dhabi during the period 11-15 November 2018. The course will be attended by 42 trainees from central banks, Arab monetary institutions, ministries of finance and statistical agencies in the Arab countries.

The aim of the course is to highlight the importance of economic modeling and its various uses and to enable participants to acquire knowledge in the field of economic models that help to formulate economic policies and assess their effects on the economy and society, as well as the uses of these models in forecasting and looking ahead.

The five-day course focuses on the use of models of real-time equations, self-linear time series, macroeconomic structural models, and general equilibrium models.

On this occasion, Dr. Abdulrahman bin Abdullah Al-Humaidi, Director General and Chairman of the Fund, said:

(Text of the Director General's speech):

 

Dear Sisters and Brothers

I am pleased to welcome you to the opening of the training course on "Economic Modeling" held by the Institute for Economic Policies of the Arab Monetary Fund. We hope to enhance the technical capabilities of the participants from our member countries in the field of economic models and their multiple uses by simulating economic policy scenarios, studying impacts and achieving expectations.

 

Dear Sisters and Brothers

Economic models are an important tool that helps decision-makers at the government level to formulate sound and sound economic policies by examining possible options and simulating their impact on the economic, financial and social sectors. Economic models can also be used to study the effects of external factors of the economy in order to reduce the risks of imported shocks as national economies become increasingly linked and integrated into the regional and international environments. Moreover, economic models are important tools for the structural analysis of the economy, planning, forecasting and looking into the future.

 

Dear Sisters and Brothers

The training course on "Economic Modeling" aims to enhance the capacity of Arab countries to build economic models and to use them to simulate economic policy scenarios and meet expectations.

The lectures and training materials for this course revolve around three types of models, interspersed with practical workshops based on data from Arab countries:

 

First: Self-linear time series models and instantaneous equation models:

These models are based on analyzing the behavior of economic variables from the past of the variables themselves or interacting simultaneously with other variables in the system. The study of linear models and their applications forms the fundamentals of economic measurement and addresses a range of challenges in economic variables, starting with the stability of time series, the study of causality and the common integration for the proper analysis of economic variables.

 

Second: Structural Structural Models:

In this regard, the components of the structural models will be reviewed through the extension of the theoretical framework and the accounting framework on which it is built, in addition to case studies from the Arab countries, which enable them to acquire knowledge in the fields of database building and model building and use in estimates and projections.

 

Third: General Balance Models:

As you know, these models are based on the matrix of social accounts, which represent an appropriate accounting framework that is used to estimate impacts by sector.

 

Dear Sisters and Brothers

I would like to take this opportunity to express our sincere appreciation and thanks to the authorities of the United Arab Emirates, the headquarters of the Arab Monetary Fund, for their great support that contributes to the success of the Fund in discharging its mandate.

In conclusion, I would like to thank all the lecturers for their effective contribution to the success of this training course, which I hope will be crowned with success. I wish success to all the sisters and brothers who participated in it and to stay in Abu Dhabi.

 

Peace, mercy and blessings of God.

 




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