Economic Policy for Public Sector Leaders Training Course: Driving Growth and Effective Governance

Introduction

Economic policy plays a central role in shaping national development, ensuring fiscal stability, and promoting inclusive growth. For public sector leaders, understanding the dynamics of economic policy is essential in designing strategies that respond to challenges such as unemployment, inflation, inequality, and global market shifts. This training course equips leaders with the knowledge and tools to formulate, implement, and evaluate sound economic policies that balance efficiency, equity, and sustainability.

Through practical sessions, case studies, and scenario-based exercises, participants will develop a deeper understanding of economic principles, policy trade-offs, and the governance structures needed to drive effective decision-making. The course emphasizes leadership in navigating complex economic environments, applying evidence-based approaches, and building policies that strengthen resilience while meeting long-term national and regional development goals.

Duration: 10 Days

Target Audience:

  • Senior government officials and policy makers
  • Public sector leaders and managers
  • Economic planners and advisors
  • Central bank and treasury officers
  • Public financial management professionals
  • Development agency representatives
  • Researchers and policy analysts
  • Graduate students in economics and governance

Course Objectives:

  • Understand the fundamentals of economic policy and its role in governance
  • Explore fiscal, monetary, and trade policy frameworks
  • Strengthen analytical skills for evidence-based policy making
  • Enhance leadership capacity in economic governance
  • Assess the impact of economic policies on growth and development
  • Address challenges of inequality, unemployment, and poverty
  • Apply global best practices in economic policy management
  • Improve coordination between economic policy and public administration
  • Develop tools for monitoring and evaluating economic reforms
  • Promote sustainable and inclusive economic strategies

Course Modules

Module 1: Introduction to Economic Policy and Governance

  • Definition and scope of economic policy
  • Role of government in the economy
  • Policy trade-offs and decision-making
  • Economic policy and national development
  • Leadership challenges in economic governance

Module 2: Principles of Macroeconomics for Policy Leaders

  • Core macroeconomic concepts
  • GDP, inflation, and unemployment indicators
  • Fiscal and monetary balance
  • Policy cycles and economic performance
  • Case studies in macroeconomic stability

Module 3: Fiscal Policy and Public Finance Management

  • Government budgeting and expenditure
  • Taxation policies and reforms
  • Deficit financing and public debt
  • Fiscal decentralization
  • Best practices in fiscal responsibility

Module 4: Monetary Policy and Central Banking

  • Role of central banks in economic stability
  • Interest rates and inflation control
  • Exchange rate management
  • Monetary policy instruments
  • Coordination with fiscal policies

Module 5: Trade and Investment Policies

  • Importance of trade in economic growth
  • Trade liberalization and protectionism
  • Attracting foreign direct investment
  • Regional and global trade agreements
  • Policy measures for competitive advantage

Module 6: Industrial and Innovation Policies

  • Role of industry in economic transformation
  • Technology and innovation in growth
  • Policies for industrialization
  • Supporting small and medium enterprises (SMEs)
  • Global examples of industrial policy success

Module 7: Employment and Labor Market Policies

  • Employment generation strategies
  • Labor market reforms
  • Youth employment challenges
  • Skills development and workforce planning
  • Gender equality in labor markets

Module 8: Poverty Reduction and Social Protection Policies

  • Economic growth and poverty alleviation linkages
  • Social safety nets and welfare programs
  • Inclusive development strategies
  • Empowering marginalized groups
  • Measuring poverty and inequality

Module 9: Sustainable Development and Green Economy Policies

  • Integrating sustainability into economic planning
  • Renewable energy policies
  • Green finance and investment
  • Climate change and economic resilience
  • Transitioning to a low-carbon economy

Module 10: Public Sector Leadership in Economic Policy

  • Leadership styles in economic governance
  • Decision-making under uncertainty
  • Stakeholder engagement in policy development
  • Building institutional capacity
  • Accountability in economic leadership

Module 11: Evidence-Based Economic Policy Making

  • Importance of data in decision-making
  • Policy analysis and evaluation tools
  • Using economic modeling techniques
  • Integrating research into policy design
  • Case studies in evidence-based governance

Module 12: Globalization and Economic Policy

  • Global economic interdependence
  • Impacts of globalization on domestic economies
  • Managing external shocks
  • Policy strategies for competitiveness
  • International economic institutions

Module 13: Crisis Management and Economic Policy

  • Responding to financial crises
  • Policy responses to pandemics and shocks
  • Resilience in economic systems
  • Lessons from global economic downturns
  • Strategies for recovery and stability

Module 14: Monitoring and Evaluation of Economic Policies

  • Importance of M&E in policy frameworks
  • Designing economic performance indicators
  • Policy impact assessments
  • Reporting and accountability mechanisms
  • Using M&E for reform and improvement

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport Pick Up is provided by the institute. Accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

For More Details call: +254-114-087-180

 

Economic Policy For Public Sector Leaders Training Course: Driving Growth And Effective Governanceeconomic Policy For Public Sector Leaders Training Course: Driving Growth And Effective Governance in Guinea-Bissau
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