Inclusive Growth from edX

How can countries foster strong economic growth while also sharing its benefits equitably across all segments of society and maintaining economic and environmental sustainability?

In this course, IMF economists will introduce you to the roles of the private sector and government in fostering inclusive growth. You will explore how many critical issues of our day—including rising inequality and poverty, gender disparities, job-displacing technological change and globalization, corruption, and climate change—are interlinked and how to design policies to tackle them. We’ll provide you state of the art knowledge on these issues and how you can apply it to your country.

This course provides hands-on training using exercises, video lectures, readings, discussion forum, and other activities. You will have the opportunity to learn from examples and case studies of countries around the world.

The IMF’s online learning program receives financial support from the Government of Japan.

What you'll learn

Define the concept of inclusive growth and its many dimensions, and establish the links between growth, inequality, and poverty.

Develop a framework to holistically analyze inclusive growth issues and prioritize policy actions.

Measure inclusive growth in a country using a wide range of indicators, including indicators of poverty and inequality.

Explain the role of fiscal policy in supporting inclusive growth and highlight best practices for designing tax policies and expenditure programs to foster inclusion.

Describe what makes a labor market inclusive and examine determinants of labor market outcomes.

Design labor market policies, including to tackle informality and labor market disruptions from technological change.

Analyze gender inequality and its negative economic implications.

Identify why good governance is important for inclusive growth and summarize the policies to improve it.

Identify the key risks to sustainable and inclusive growth related to climate change and design a policy mix to address climate change mitigation and adaptation while cultivating inclusion.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Develops policies to foster inclusive growth and highlights best practices for designing tax policies and expenditure programs, which is a core skill for economists and policymakers

Identifies the key risks to sustainable and inclusive growth related to climate change and designs a policy mix to address climate change mitigation and adaptation while cultivating inclusion, which is essential in today's world

Teaches tools and frameworks to analyze inclusive growth issues and prioritize policy actions, which are in high demand for economists and policymakers

Provides hands-on training using exercises, video lectures, readings, discussion forum, and other activities, which enhances the learning experience

Taught by IMF economists who are recognized for their work in inclusive growth, which adds credibility to the course

Requires a strong background in economics and policy analysis, which may limit accessibility for some learners

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Inclusive Growth with these activities:

Solve practice problems on income inequality

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巩固对衡量收入不平等的方法的理解，例如基尼系数。

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Review the concepts of income inequality and measurement methods.
Solve practice problems using the Gini coefficient.

Brush up on basic microeconomics

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Reviewing basic microeconomic principles will provide a strong foundation for understanding the concepts covered in this course.

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Revisit introductory microeconomics textbooks or online resources.
Solve practice problems related to demand and supply, consumer behavior, and market equilibrium.

Review Regression Analysis

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Refresh your understanding of regression analysis to ensure you are well-prepared for the course.

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Review the fundamental concepts of regression analysis, including simple linear regression.
Practice fitting regression models to data.

11 other activities

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Review Macroeconomic modeling concepts

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Review the basics of macroeconomic modeling to build a solid foundation for the course.

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Read the textbook chapter on macroeconomic modeling.
Review your notes from an introductory macroeconomics course.
Solve practice problems on macroeconomic modeling.

Practice using the IMF's Fiscal Monitor

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The IMF's Fiscal Monitor is a valuable tool for analyzing fiscal data. This activity will help you develop the skills needed to use the Fiscal Monitor effectively.

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Access the IMF's Fiscal Monitor online.
Explore the different sections of the Fiscal Monitor.
Practice using the Fiscal Monitor to analyze fiscal data for a specific country.

Practice analyzing economic data

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Regularly analyzing economic data will enhance your ability to interpret and draw insights from real-world data.

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Access economic databases such as the World Bank or IMF DataMapper.
Select relevant economic indicators and visualize the data using charts and graphs.
Identify trends, patterns, and relationships in the data.

Review economic indicators

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This course relies on an analysis of economic indicators to explain how to achieve inclusive growth. Strengthening your understanding of how these indicators are measured will help you succeed in this course.

Browse courses on Economic Indicators

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Research the different types of economic indicators.
Compare and contrast the uses of lagging, leading, and coincident indicators.
Critically evaluate data on GDP, unemployment, inflation, and exchange rates.

Read 'Economic Growth and Development' by Daron Acemoglu

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Gain insights into the factors driving economic growth and development.

View Power and Progress on Amazon

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Read the book's introduction and first chapter.
Summarize each chapter's main arguments.
Write a short essay discussing the key takeaways from the book.

Discuss case studies on economic development

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Engage with peers to explore real-world examples of economic development and inclusive growth.

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Select a case study on economic development.
Meet with peers to discuss the case study.
Present your insights to the group.

Engage in group discussions on current economic issues

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Engaging in discussions with peers will broaden your perspectives and deepen your understanding of diverse economic viewpoints.

Browse courses on Economic Policy

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Join online forums or discussion groups dedicated to economic topics.
Actively participate in discussions, sharing your insights and engaging with others' perspectives.
Respect diverse opinions and strive to learn from others.

Design a fiscal policy plan

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Fiscal policy is an important tool for promoting inclusive growth. This activity will help you understand how to design fiscal policies that contribute to your country's development goals.

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Analyze the current fiscal policy of your country.
Identify areas where fiscal policy can be used to promote inclusive growth.
Develop a plan for implementing fiscal policy changes.
Present your plan to a group of experts for feedback.

Write a blog post on fiscal policy and inequality

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Deepen your understanding of the role of fiscal policy in promoting inclusive growth.

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Research the topic of fiscal policy and inequality.
Outline the main points of your blog post.
Write the blog post, ensuring it is well-written and engaging.

Design a policy brief on promoting gender equality in the labor market

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Enhance your understanding of gender inequality and its implications for economic growth.

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Research the topic of gender inequality in the labor market.
Identify policy options to promote gender equality.
Write a policy brief outlining your recommendations.

Create a blog or vlog on a specific economic topic

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Creating your own content will solidify your understanding of a chosen topic and enhance your communication skills.

Browse courses on Economic Policy

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Choose a specific economic topic that aligns with your interests.
Conduct thorough research and gather credible sources.
Develop a clear and engaging narrative.
Create high-quality written or video content.
Publish and promote your blog or vlog to reach a wider audience.

Career center

Learners who complete Inclusive Growth will develop knowledge and skills that may be useful to these careers:

Financial Analyst

As a Financial Analyst, you play a crucial role in evaluating and managing financial risks and opportunities for companies and organizations. The Inclusive Growth course provides a solid foundation for success in this field by equipping you with a comprehensive understanding of economic growth, inequality, and poverty. It will help you analyze financial data, develop financial models, and make informed investment recommendations that promote inclusive and sustainable growth. By understanding the complex interactions between economic policies, social factors, and environmental sustainability, you'll be better positioned to contribute to the creation of a more equitable and prosperous society.

See salaries and explore the career path for Financial Analyst

Economist

As an Economist, you analyze economic data and trends to provide insights and recommendations on economic policies. The Inclusive Growth course will be highly beneficial to you, as it delves into the key factors that drive inclusive economic growth and the challenges associated with it. You'll gain a deep understanding of fiscal policy, labor market dynamics, gender inequality, and environmental sustainability, enabling you to develop evidence-based policy recommendations that promote equitable growth and social progress.

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Policy Analyst

As a Policy Analyst, you play a pivotal role in shaping public policies that impact economic growth and social equity. The Inclusive Growth course will provide you with a holistic understanding of the complex factors that influence inclusive growth. You'll learn how to analyze policy options, assess their potential impacts, and make recommendations that promote sustainable and equitable economic development. The course's focus on case studies and real-world examples will equip you with practical skills to effectively contribute to policymaking processes.

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Economic Advisor

As an Economic Advisor, you provide expert advice to policymakers, businesses, and organizations on economic issues. The Inclusive Growth course will enhance your ability to analyze economic data, assess economic trends, and provide informed recommendations on policies that promote inclusive and sustainable growth. You'll gain a deep understanding of the relationship between economic growth, inequality, poverty, and social progress, enabling you to effectively contribute to decision-making processes that foster economic prosperity and social equity.

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Sustainability Manager

As a Sustainability Manager, you are responsible for developing and implementing environmental, social, and economic sustainability strategies for organizations. The Inclusive Growth course will provide you with a comprehensive understanding of the interconnectedness between economic growth, social equity, and environmental sustainability. You'll gain insights into how businesses and governments can contribute to sustainable and inclusive development, enabling you to effectively manage sustainability initiatives and drive positive change.

See salaries and explore the career path for Sustainability Manager

Social Impact Analyst

As a Social Impact Analyst, you assess the social and economic impacts of programs, policies, and initiatives. The Inclusive Growth course will provide you with a strong foundation for this role by deepening your understanding of inclusive growth, inequality, poverty, and social progress. You'll learn how to measure and evaluate the effectiveness of social interventions, enabling you to make informed recommendations that maximize social impact and contribute to a more equitable society.

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Development Economist

As a Development Economist, you focus on economic issues related to developing countries. The Inclusive Growth course will greatly enhance your understanding of the unique challenges and opportunities in fostering inclusive growth in these contexts. You'll gain insights into poverty reduction strategies, labor market policies, and the role of international development organizations, equipping you to contribute effectively to economic विकास and social progress in developing countries.

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ESG Analyst

As an ESG Analyst, you evaluate and report on the environmental, social, and governance performance of companies and organizations. The Inclusive Growth course will provide you with a deep understanding of the principles and practices of ESG investing and sustainability reporting. You'll learn how to analyze ESG data, identify material ESG factors, and assess the impact of ESG performance on financial valuation and stakeholder engagement.

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Corporate Social Responsibility Manager

As a Corporate Social Responsibility Manager, you are responsible for developing and implementing corporate social responsibility strategies and programs. The Inclusive Growth course will provide you with valuable insights into the role of businesses in promoting inclusive growth and social progress. You'll learn how to identify and address social and environmental issues in a business context, enabling you to drive positive change and create a more sustainable and equitable future.

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Labor Market Analyst

As a Labor Market Analyst, you analyze labor market trends and data to inform policymaking and business decisions. The Inclusive Growth course will provide you with a comprehensive understanding of labor market dynamics, including issues of inequality, informality, and the impact of technological change. You'll gain skills in labor market analysis, forecasting, and policy evaluation, enabling you to effectively contribute to the development of policies and programs that promote inclusive and sustainable labor markets.

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Gender Equality Specialist

As a Gender Equality Specialist, you work to promote gender equality and women's empowerment in various sectors and organizations. The Inclusive Growth course will provide you with a deep understanding of the causes and consequences of gender inequality and the strategies to address it. You'll learn about gender-responsive policies, programs, and interventions, equipping you to effectively contribute to the creation of a more gender-equal society.

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Impact Investor

As an Impact Investor, you invest in companies and organizations that generate both financial returns and social or environmental impact. The Inclusive Growth course will provide you with a solid understanding of the principles and practices of impact investing and sustainable finance. You'll learn how to identify and evaluate impact investments, measure their impact, and contribute to the creation of a more sustainable and equitable economy.

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Nonprofit Executive Director

As a Nonprofit Executive Director, you lead and manage nonprofit organizations that address social and environmental issues. The Inclusive Growth course will provide you with valuable insights into the challenges and opportunities in promoting inclusive growth and social progress through the nonprofit sector. You'll learn about strategic planning, fundraising, stakeholder engagement, and program evaluation, enabling you to effectively guide your organization towards achieving its mission and making a positive impact on society.

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Sustainable Business Consultant

As a Sustainable Business Consultant, you help businesses develop and implement sustainable practices and strategies. The Inclusive Growth course will provide you with a comprehensive understanding of the principles and practices of sustainable business and corporate responsibility. You'll learn how to integrate sustainability into business operations, supply chains, and stakeholder engagement, enabling you to guide businesses towards a more sustainable and responsible future.

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Social Entrepreneur

As a Social Entrepreneur, you combine business acumen with a passion for social good to create innovative solutions to social and environmental challenges. The Inclusive Growth course will provide you with a solid foundation for this role by equipping you with an understanding of inclusive growth, inequality, and social enterprise models. You'll learn how to identify unmet social needs, develop sustainable business models, and measure your impact, enabling you to create positive social change through your entrepreneurial ventures.

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Inclusive Growth

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