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.