Financial Programming and Policies

Source details

Educational/professional requirements:
- Participants are expected to have a degree in economics or equivalent experience.
- Participants are expected to be proficient in the use of spreadsheets.
Recommended prior training:
- It is strongly recommended that applicants have completed the online Financial Programming and Policies, Part 1: Macroeconomic Accounts and Analysis (FPP.1 x) or the online Financial Programming and Analysis, Part 2: Program Design (FPP.2 x) course.

Presented by the Institute for Capacity Development.
Explains how to diagnose macroeconomic imbalances and correct them through a coordinated set of adjustment policies.
Covers the principal features of the four main macroeconomic sectors:
- real
- fiscal
- external
- monetary
Highlights both accounting and behavioral relationships and uses data from a country case study.
Emphasizes hands-on, Excel-based analysis.

Upon completion of the course, participants should be able to:

Analyze economic and financial developments of a country in the region using historical data and a hands-on, Excel based framework.
Create consistent one-year macroeconomic projections on the assumption that policies do not change.
Identify economic vulnerabilities and risks in a baseline scenario and policy measures to address them.
Prepare an adjustment scenario that reflects the policy measures and their macroeconomic impact.
Identify further policy goals and measures beyond the one-year horizon that will be incorporated into a medium-term framework.