Fiscal Policy Analysis

Source details

Target audience:
- Junior to senior officials in finance or economics ministries, fiscal councils and central banks who are engaged in policy planning, evaluation and research, and are interested in assessing fiscal policy and its macroeconomic implications.
Qualifications:
- Participants are expected to have taken undergraduate courses in macroeconomics or have equivalent experience and have a basic background in microeconomics and econometrics.
- Familiarity with Microsoft Excel is essential as many workshops are conducted in Excel.

Course overview:
- Provides an overview of the concepts, tools, and techniques used to analyze how fiscal policy can help ensure macroeconomic stability and sustainable long-term growth.
- Hands-on course built around core macro-fiscal topics needed to analyze fiscal policy.
Instructional components:
- General empirical findings
- Microsoft Excel-based workshops
- Case studies
- Selected topics of regional interest
- Review sessions and participant presentations
Integration of recent work:
- Integrates recent research findings and policy discussions by the Fund.
Inclusive growth and selected topics:
- Features an inclusive growth component, with new units on climate change and gender inequality.
- Includes selected non-core lectures on energy subsidy reform and fiscal frameworks for resource-rich economies.

Upon completion of this course, participants should be able to:
- Use fiscal policy to attain key government objectives: macro-stability, equity and efficiency, and sustainable long-term growth.
- Apply the tools and techniques acquired to assess the country's fiscal stance, fiscal multipliers, and fiscal sustainability.
- Assess the key elements of tax and expenditure policy, including revenue mobilization and fiscal projection.