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General Macroeconomic Analysis

Introduction to Financial Programming and Policies

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Session No.: OL 25.03

Location: Course conducted online

Date: January 15, 2025 - April 15, 2025 (13 weeks)

Delivery Method: Online Training

Primary Language: English

Target Audience

This primer is tailored for individuals new to macroeconomic policy analysis, including policymakers, economic analysts, and other professionals seeking to deepen their understanding of macroeconomic analysis and policy formulation. This course is not for those who have already taken either the online or in-person Financial Programming and Policies (FPP) course unless they would like a refresher.

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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, is an essential primer that aims to equip you with the foundational knowledge necessary for engaging with the more advanced aspects of macroeconomic analysis and policy formulation covered in the in-depth financial programming and policies (FPP) courses. This course is carefully designed to bridge the gap for learners transitioning to the more in-depth FPP courses, ensuring a comprehensive grasp of the subject matter. It is also be useful for those who only want to learn the basics of the topic.

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Course Objectives

  1. By the end of the course, you will be able to: 
  • Explain the financial programming approach and its relevance and application in assessing macroeconomic conditions and vulnerabilities. 
  • Explain the diagnostic framework for identifying internal and external imbalances within an economy, setting the stage for subsequent analysis and policy intervention.
  • Describe the four key macroeconomic sectors¿real, fiscal, external, and financial¿focusing on the critical statistics and indicators necessary for evidence-based diagnostics and informed policymaking.
  • Recognize critical interlinkages among the four key macroeconomic sectors.
  • Review accounting and behavioral relationships, using real-world data from a country case study, to gain insights into how sectoral interactions shape the overall macroeconomic landscape.
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