Macroeconomic Management in Resource Rich Countries

Class Description

Course Objective
The participants’ will be exposed to key concepts of open-economy macroeconomics, microeconomic sources of macroeconomic fluctuations and analysis of major macroeconomic shocks and their consequences on output, employment and prices and the effect of the reactive responses of households and firms on public policies.

Course Content

• Macroeconomic policies
• Fiscal rules and tax regimes
• Monetary policy framework
• Exchange rate policy framework
• How monetary policy framework and exchange rate policy framework help in the challenges of commodity price volatility and exhaustibility of natural resources
• Factors that impact economic growth and inequality in resource-rich countries and structural reforms
• Case studies on natural resource-rich counties

Target Group
Senior level staff in research department.

Venue
Nairobi