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FPP PArt1: Macroeconomic Accounts and Analysis

Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (FPP.1x)

Apply online by March 4, 2021

Session No.: OL 20.128

Location: Course conducted online

Date: September 1, 2020 - April 15, 2021 (33 weeks)

Primary Language: Russian

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    Target Audience

    All government officials are welcome to register. The course is particularly relevant for officials in ministries of finance, economy, planning and central banks who advise on macroeconomic and financial policies or who are involved in policy implementation. The course is offered in English, French, Spanish, Russian, and Arabic.

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    Qualifications

    Some knowledge of economics is helpful. Basic Microsoft Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

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    Course Description

    This online course, presented by the Institute for Capacity Development, explains the basic skills required to conduct financial programming; the principal features of the accounts of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary); and how they relate to each other. For each sector, the course presents the accounting framework, interpretations of variables and indicators from these accounts, and basic analysis of the accounts.

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    Course Objectives

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

    • Calculate economic variables using macroeconomic accounting principles.
    • Interpret the accounts of real, fiscal, external, and monetary sectors that comprise the macroeconomy.
    • Describe the accounting and behavioral links between the macroeconomic accounts.
    • Analyze economic and financial developments of a case study country using a hands-on, Excel-based framework.
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