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October 13, 2021

IMF Online Course on Revenue Forecasting and Analysis

Posted by Sebastien Leduc and Dora Benedek[1]

IMF Online Course on Revenue Forecasting and Analysis (RFAx)
Dates: October 1 – November 26, 2021

The Fiscal Affairs Department and the Institute for Capacity Development of the IMF are pleased to announce the offering of a new online course on Revenue Forecasting and Analysis (RFAx). This free online course, offered on the edX platform, is open to government officials and the general public. The total workload is about 20-35 hours, self-paced over six to eight weeks. Please watch the course introductory video.

The course will be offered on edX each quarter.

Please use this link to register.

Target Audience: This course is designed for anyone interested in learning about the theory and practice of revenue forecasting and tax policy analysis.

Requirements and Qualifications: A basic understanding of tax policy would be helpful. Access to a computer with a reliable Internet connection, a Google Chrome web browser, and Microsoft Excel are essential. 

Course Description: This online course offers hands-on learning that will help students build foundational knowledge on the different quantitative models and techniques that can be used to forecast revenues and undertake tax policy analysis. It also explores the features of a sound institutional framework and the key principles of good tax policymaking. The course will cover a wide range of taxes including the personal income tax, corporate income tax, value added tax, excise taxes, and customs duties. 

Course Objectives: In this course, you will:

  • Analyze fundamental principles and trends in tax revenue analysis.
  • Learn the key features of an effective institutional framework for revenue forecasting.
  • Identify data requirements and recognize potential data issues.
  • Recognize the strengths and limitations of different forecasting methods.
  • Quantify the revenue impact of tax policy changes, using input-output tables and micro-simulation models.

This course was made possible through financial support from the Revenue Mobilization Trust Fund (RMTF).

For a full list of IMF online courses please go to www.imf.org/moocs




[1] Fiscal Affairs Department, IMF.

Note: The posts on the IMF PFM Blog should not be reported as representing the views of the IMF. The views expressed are those of the authors and do not necessarily represent those of the IMF or IMF policy.


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