Course Overview

The course is voluntarily directed to non-experts. While it covers the theoretical definition of the main national accounts aggregates, it does it in a lively manner based on the concrete experience of the teacher.

Course Quick Facts Course Facts

Duration

Three Days

Cost

£780 + VAT

Summary Summary

The course is based on the second edition (October 2014) of the OECD manual “Understanding National Accounts” by François Lequiller and Derek Blades.[1] The manual is available free on line: http://www.oecd.org/std/understanding-national-accounts-9789264214637-en.htm . The course is voluntarily directed to non-experts. While it covers the theoretical definition of the main national accounts aggregates, it does it in a lively manner based on the concrete experience of the teacher. François Lequiller has been the head of the French national accounts and has a wide international experience (OECD, IMF, Eurostat). The OECD quiz on national accounts can be used by attendants to self-measure their understanding of the course: https://survey.oecd.org/Survey.aspx?s=97ae9a833d22428da1357b3d8d329f2d

Location Location

Various

Course Details Info

Session 1. The essential macroeconomic aggregates: GDP, GNP, the basic accounting identities.

Session 2. The national accounts machinery, integrated economic accounts and the limitations of national accounts aggregates.

Session 3. The volume/price split in spatial and geographical comparisons, and international comparability.

Session 4. The production frontier and final uses. 

Session 4 (continued). The production frontier and final uses. 

Session 5. Household and business accounts.

Session 6. Financial accounts.

Session 6 (continued). Financial accounts. 

Session 7. General government accounts. 

Session 8. GDP, well-being, globalisation and multinationals.

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