Upon completion of this course, participants should be able to: Construct baseline projections of the real, external, government, and monetary sectors using sector-specific variables. Describe the relationships between the sectors in both accounting and behavioral terms. Create consistent one-year economic projections on the assumption that policies do not change. Use a macroeconomic model to analyze how policy changes affect a forecast. Identify and appraise the economic vulnerabilities inherent in an emerging market economy. Prepare a macroeconomic policy scenario using a given set of data.