The Central Bank of Indonesia, Bank Indonesia, hosted the SEACEN Course on the Analysis and Modeling of Macro-Financial Linkages at the Anvaya Beach Resort Bali. This course was incorporated with the South East Asian Banks (SEACEN) in a five-day workshop. It was designed to analyze and model macro-financial linkages with the aim of tracing monetary policy transmission to various sectors of the economy as well as analyzing monetary and financial stability implications of domestic and external developments and shocks from various sectors. The topics discussed in this course included the macro-financial linkages and policy spillovers; asset prices and macroeconomic outcomes; global liquidity, cross-border banking, and the bank lending channel and feedback loops from both real and financial sectors. Invited to this course were also the central bank staffs with at least two years of experience in monetary and/ or financial stability analysis and research.