National Accounts Statistics Overview (NAS)
Start: April 17, 2017
End: April 21, 2017
Course Number: SA 17.10
Language: English
Location: New Delhi, India
Application Process: Apply Online
Application Deadline
April 7, 2017
Target Audience
Government of India Statistical Service Officers (compilers and non-compilers of National Accounts Statistics (NAS)) who would benefit from an overview of National Accounts Statistics and how they are compiled.
Qualifications
Participants are expected to have a degree in economics or a related field, engage in regular analysis of macroeconomic statistics, and have proficiency in Microsoft EXCEL.
Course Description
This course offers an overview of National Accounts Statistics (NAS) as outlined by the System of National Accounts 2008 (SNA 2008), with selected reflections on India’s NAS. The course begins with an analysis of the macroeconomic statistical system—pointing to NAS as being at the center of the system. The course considers fundamental structural features of the SNA 2008; measurement of gross domestic product (GDP) using the production approach (output, intermediate consumption, and value added); measurement of GDP using the expenditure method (private and public final consumption expenditures, gross capital formation, and net exports); the development of Supply and Use Tables (SUTs); and the development of price and volume measures within a NAS framework. The course concludes with an overview of the entire sequence of accounts that comprise the NAS system.
The course features pre- and post-tests, and quizzes/exercises that help assess participants’ intake of knowledge throughout the course. Importantly, time is allocated each day to address participants’ questions/concerns.
Course Objectives
Upon completion of this course, participants should be able to:
- Explain the value of high-quality NAS to policy makers and business decision-makers.
- Delineate the fundamental structural features of the SNA 2008.
- Describe the compilation of GDP using production and expenditure approaches, and how SUTs can serve as an excellent tool for such compilation.
- Discuss the importance of price and volume measures in a NAS context, and differentiate between well-known price and volume index number formulas.