Professor Adeola Adenikinju (Director of CPEEL) once again serve as course director at The African Institute for Economic Development and Planning (IDEP), a pan-African institution created in 1962 by the General Assembly of the United Nations, with the primary purpose of accompanying and supporting newly independent African countries in their quest to build their human resource capacities as a necessary prerequisite for sustaining independence and promoting socio-economic development.
The course "Macroeconomic Modelling For Development Planners" which held at Dakar, Senegal was aimed at developing participants understanding and use of different models in the analysis of national economies and its sectors. Topics which typically include relevant economic theory, development of models and the interpretation of results. The emphasis throughout was on familiarizing participants with the practical application of multi-sectoral modelling techniques to address important issues in development economics and policy analysis.
Therefore, the goal of the course is to enable participants learn about how economic models are built and to use models to enquire and answer questions regarding how shocks affect the economy.
The training had participants from 25 African countries, including Members of the Diplomatic Corps, the Representative of the Ministry of Finance and National Planning of Dakar, as well as Officials of UNIDEP.