Training Program

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 program that reflects the selected policy measures and their macroeconomic impact.
• Negotiate an economic adjustment program with the respective counterparty in a role-playing simulation.

Blended FPP course will be partly delivered virtually via Moodle platform and partly held in-person. 

• In the virtual part of the course, which will run for two weeks between January 13 and 24, participants will self-study the prescribed material and attend live virtual meetings (about two hours long) on every other day. It is expected that these self-study sessions and live meetings to take about 2 hours daily. There will be an online mini assessment at the end of every lesson in the virtual part of this course.
• In the in-person part of the course, which will also run for two weeks (but full time), participation will most of their time in hands-on workshops, working together in small groups, to formulate first a baseline macro framework and then prepare and negotiate an economic adjustment program for the case-study country under the guidance of an experienced counselor.