Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis - The International Monetary FundedX
What you'll learn on the course
How healthy is the state of the economy? How can economic policy help support or restore health to the economy? These questions are at the heart of financial programming. In our FPP courses you will learn the building blocks of how to answer to these questions. Financial programming is a framework to analyze the current state of the economy, forecast where the economy is headed, and identify economic policies that can change the course of the economy. In Part 1 of the FPP sequence, presented by IMF's Institute for Capacity Development, you will learn the basic skills required to conduct financial programming. The course presents the principal features of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary); demonstrates how to read, interpret, and analyze the accounts for these sectors; and illustrates how these sectors are interlinked. (Part 2 of the FPP sequence will cover preparation of a baseline forecast and design of an adjustment program.) During the course, economists from the IMF will lead you through the accounts and analysis of an economy. Besides engaging with lecture videos, you will answer questions on the concepts explained, solve short numerical exercises, discuss with fellow participants economic developments in your country, and work with data for a hypothetical country. The reading material will be provided to you. Whether you are a civil servant working on economic issues for your country, a professional working with economic data, or simply interested in better understanding the developments of an economy, this course will provide hands-on training on macroeconomic analysis. We hope that you will join us in this exciting journey! Financial Programming and Policies, Part 1 is offered by the IMF with financial support from the Government of Belgium.
Paolo Dudine Paolo Dudine is currently a Senior Economist in the Fiscal Affairs Department of the IMF. Until recently, he was at the IMF's Institute for Capacity Development, which he joined in 2009. He obtained his Ph.D. in 2004 from New York University. During his career at the IMF, Paolo worked on low-income country issues, served as the external sector economist for Honduras and Bulgaria, and worked in the African Department. Paolo is a national of Italy. Adolfo Barajas Adolfo Barajas is a Senior Economist at the IMF’s Institute for Capacity Development. He has a Ph.D. in economics from Stanford University, specializing in finance and development and open economy macroeconomics.