The purpose of the Applied Economic Policy (AEP) course is to strengthen the potential of participants to formulate economic policy and to act as policy analysts and advisors. The 2024 AEP course will include online, virtual, and classroom delivery segments; it will require a significant involvement of participants before the classroom segment in Vienna, and some more involvement after that segment.
TARGET GROUP | Young officials employed by the public sector in JVI target countries.
The structure and content of the course is rigorous, and applicants must be highly motivated individuals with a good understanding of modern market economics and financial analysis; a university degree in economics or a related field, a minimum of two years’ professional experience, and a good command of the English language are required. Knowledge of practical econometric techniques used in the analysis of micro- and macroeconomic issues would be helpful.
DESCRIPTION | The AEP course is comprehensive, covering macroeconomic concepts and policies, financial sector issues, trade policy, the Austrian political and economic system, as well as interpersonal and presentation skills. The course provides participants with a comprehensive understanding of the many facets of economic policymaking, to strengthen their analytical skills, and to enable them to formulate economic policy recommendations and advice.
The structure and content of the course is rigorous, and applicants must be highly motivated individuals with a university degree in economics or a related field, a minimum of two years’ professional experience, and a good command of the English language. Only individuals employed in the public sector are eligible to apply.
The AEP course is offered jointly with several JVI partners, with all lecturers teaching subjects relevant to their respective organization’s area of expertise. Most lecturers are practitioners from member organizations, and they cover both practical and theoretical aspects of policy formulation. The segment of the course delivered in Vienna comprises lectures, small-group workshops, case studies, and participant presentations to foster peer-learning and networking. Prior to coming to Vienna, participants will be expected to complete the IMF’s online Macroeconomic Diagnostics course (or parts of it). The AEP course will also include a few virtual sessions before and after the Vienna segment.