Financial Programming and Policies Part 1: Macroeconomic Accounts and Analysis

This online course, presented by the IMF’s Institute for Capacity Development, presents the basic skills required to conduct financial programming. The course presents the principal features of the accounts of the four main sectors that comprise the macroeconomy (real, fiscal, external, and monetary) and the interrelations among them. For each sector, the course presents the accounting framework, the interpretations of variables and indicators from these accounts, and basic analysis of the accounts.

Course Objectives: Upon completion of this course, participants should be able to:
• Calculate economic variables using principles of macroeconomic accounting.
• Interpret the accounts of the four main sectors that comprise the macroeconomy: real, fiscal, external, monetary, and financial.
• Describe the accounting and behavioral linkages among the macroeconomic accounts.
• Analyze economic and financial developments of a case study country using a hands-on, Excel-based framework.

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