Macroeconomic Management in Resource-Rich Countries

BY
International Monetary Fund via Edx

Enrol in the Macroeconomic Management in Resource-Rich Countries course to explore what macroeconomic policy challenges are faced by resource-rich countries.

Lavel

Intermediate

Mode

Online

Duration

7 Weeks

Fees

Free

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 4-5 Hours Per Week

Course overview

Having rich natural resources allows nations to amass substantial financial assets, thereby enabling them to invest in roads, hospitals, schools and more. Still, natural resources bring challenges along with diversification and growth. In the Macroeconomic Management in Resource-Rich Countries course by edX, you will learn about macroeconomic policy challenges and issues of resource-rich countries (RRCs).

The Macroeconomic Management in Resource-Rich Countries certification programme will also shed light on how policy-makers deal with the volatility of prices and the finite nature of natural resources. This seven-week-long online course is curated by the International Monetary Fund (IMF).

During the Macroeconomic Management in Resource-Rich Countries online programme by edX, you will study the experiences of many RRCs, from Central Asia to Africa, the Middle East and Latin America. You will gather insights that are applicable all across the globe. Multiple expert instructors of the IMF will be teaching you through exclusive video lectures. This 100% digital training also offers a verified certificate when the learners take in a verified track. In  the free audit mode, they will get a limited duration of access to programme. 

The highlights

  • Free access
  • Intermediate-level programme
  • An offering of IMF
  • Requires 4-5 study hours weekly
  • Self-directed learning
  • Video lectures in English
  • 7-weeks online course
  • Economics and Finance course
  • E-certificate

Program offerings

  • Knowledgeable instructors
  • Free course access
  • Digital learning
  • English video transcripts
  • Self-paced learning
  • 7-weeks training
  • Shareable paid certificate
  • Video lectures

Course and certificate fees

Type of course

Free

  • The Macroeconomic Management in Resource-Rich Countries course can be joined for free.
  • A verified certificate requires a payment of Rs. 2,088

Macroeconomic Management in Resource-Rich Countries fee structure

Course Name

Fee

Course content audit

Free

With certification

Rs. 2,088 

certificate availability

Yes

certificate providing authority

International Monetary Fund

certificate fees

₹2,088

Eligibility criteria

Since some of the exercises in the Macroeconomic Management in Resource-Rich Countries course require MS Excel, you should be familiar with the tool. Also, you must have some understanding of macroeconomics before joining.

What you will learn

Knowledge of economics

After the completion of the programme, you will be able to:

  • Analyse the design of a proper fiscal framework and fiscal regime in resource-rich countries (RRCs)
  • Recognise proper macroeconomic policy responses to commodity price shocks
  • Examine how the economic performance in RRCs is different from the rest of the countries
  • Implement fiscal rules and fiscal benchmarks to identify how much governments must save and spend from selling natural resources
  • Comprehend the conditions for savings, like sovereign wealth fund
  • Apply fundamental principles and practices to upgrade fiscal transparency and statistics in resource-rich countries

Admission details

Step 1 - Near the top of the official page, locate the ‘Enroll now’ button. You will reach the signup page if you click on it.

Step 2 – Next, you should sign up for an account for logging into the edX portal. You can link an existing social account like Apple, Google, Facebook or Microsoft to sign up. Alternatively, you must provide some basic information and hit the ‘Create account’ button to generate a new account.

Step 3 – After successfully registering, you will be redirected to a new webpage. You will see two options for enrollment. In case you choose the paid track, you need to pay the fee to enrol. Otherwise, you can directly join the Macroeconomic Management in Resource-Rich Countries programme by choosing the free audit option.

Step 4 – After successfully registering, you will be redirected to a new webpage. You will see two options for enrollment. In case you choose the paid track, you need to pay the fee to enrol. Otherwise, you can directly join the Macroeconomic Management in Resource-Rich Countries programme by choosing the free audit option.


Filling the form

For enrolling in the Macroeconomic Management in Resource-Rich Countries training, you don’t have to fill an application form. Just open the edX website, head over to the course page, sign up for an account and join the course. For signing up, you can either create a new ID by entering your full name, password, username, country and email address. Or, you can just link an existing social account for logging in.

How it helps

The Macroeconomic Management in Resource-Rich Countries online course features high-quality video lessons from a diverse set of instructors of IMF and its partner organisations. You will be able to access all the rich content from the comfort of your home.

Furthermore, edX’s Macroeconomic Management in Resource-Rich Countries programme is fully self-paced. You can go through its content at your pace. Also, you can receive a course completion certificate to share on LinkedIn or your CV, proving invaluable to your employment prospects. 

Instructors

Mr Hamid Davoodi
Senior Economist
International Moneta...

Ph.D

Ms Samya Beidas Strom
Senior Economist
International Moneta...

Mr Thomas Baunsgaard
Deputy Division Chief
International Moneta...

Mr Diego Mesa Puyo
Economist
International Moneta...

Other Masters

Mr Maksym Ivanyna
Senior Economist
International Moneta...

Dr Asel Isakova
Economist
International Moneta...

Ph.D

Ms Alpa Shah
Economist
International Moneta...

Other Masters

Ms Francien Berry
Economist
International Moneta...

Other Masters

Mr Alberto F. Jiménez de Lucio
Economist and Business administrator
International Moneta...

Other Masters, Ph.D

FAQs

What are the prerequisites to join the Macroeconomic Management in Resource-Rich Countries programme by edX?

Some prior knowledge of macroeconomics and MS Excel is required to join the course.

Which organisation offers this course?

The Macroeconomic Management in Resource-Rich Countries course is offered by The International Monetary Fund (IMF).

Is the course free of charge?

You can enrol in the Macroeconomic Management in Resource-Rich Countries course for free. But you do have to pay the programme fee for the certificate.

How many hours will I have to study to complete the Macroeconomic Management in Resource-Rich Countries course?

You will need to devote 4 to 5 hours to your study.

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