Financial Programming and Policies (FPP)
This course, presented by the Institute for Capacity Development, explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies. It covers the principal features of the four main macroeconomic sectors (real, fiscal, external, and monetary) and their interlinkages, highlighting both accounting and behavioral relationships and using data from a country case study.
Target Audience
Officials from ministries of finance, economy, planning and central banks who advise on or help design and implement macroeconomic and financial policies.
Qualifications
Participants are expected to have a degree in economics or equivalent experience and be proficient in the use of spreadsheets. It is strongly recommended that applicants have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1x) course and the online Financial Programming and Analysis, Part 2: Program Design (FPP.2x) course.
Course Objectives
Upon completion of this course, participants should be able to:
- Create consistent macroeconomic baseline projections on the assumption that policies do not change, while respecting accounting and behavioral links among economic variables.
- Analyze the baseline macroeconomic scenario, to understand economic and financial developments, and diagnose macroeconomic imbalances.
- Identify economic vulnerabilities and risks in the baseline scenario and articulate how policy measures address them.
- Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
- Negotiate an economic adjustment program with the respective counterparty in a role-playing simulation exercise.
- Identify further policy goals and measures that will be incorporated into a medium-term framework.
Syllabus
Upcoming Offering
Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
---|---|---|---|---|---|---|
October 21, 2024 | October 31, 2024 | Abu Dhabi, United Arab Emirates | In-person Training | CE 24.23 | Arabic | Deadline passed |
November 11, 2024 | November 22, 2024 | Singapore, Singapore | Blended Training | ST 24.26 | English | Deadline passed |
December 2, 2024 | December 13, 2024 | Almaty, Republic of Kazakhstan | In-person Training | OT 24.34 | English | Apply online by October 25, 2024 |
January 27, 2025 | February 7, 2025 | Vienna, Austria | Blended Training | JV 25.03 | English (Russian) | Deadline passed |
March 3, 2025 | March 14, 2025 | Washington, D.C., United States | Blended Training | HQ 25.01 | English | Deadline passed |
July 21, 2025 | August 1, 2025 | Vienna, Austria | Blended Training | JV 25.20 | English | Apply online by March 30, 2025 |
Nowcasting (NWC)
English | January 13-24, 2025 | In-person Training | Vienna, Austria
Apply online by October 14, 2024
Macroeconomics of Climate Change - Science, Economics, and Policies (MCCx-SEP)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Mitigation Strategies (MCCx-MS)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Transitioning to Net-zero (MCCx-TNZ)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024
Macroeconomics of Climate Change - Economics of Adaptation (MCCx-EA)
English | October 21, 2024 - December 31, 2024 | Online Training | Course conducted online
Apply online by October 14, 2024