
About this course
Overview
A rate change looks simple until someone asks what it will actually raise. The work here is costing policy before it is enacted: building revenue forecasts, modelling how taxpayers respond to a threshold or rate move, and presenting the result so a decision-maker can weigh it against the alternatives.
What you will be able to do
Learning outcomes
- Forecast revenue under alternative policy scenarios
- Cost a proposed tax measure before enactment
- Estimate elasticity and behavioural response
- Present a defensible policy impact assessment
- Advise on trade-offs between revenue and equity
What the course sets out to do
Course objectives
- Build revenue forecasting models from tax base data
- Estimate the fiscal impact of policy proposals
- Model taxpayer behavioural responses to rate change
- Assess distributional effects of tax reform
- Communicate policy analysis to decision-makers
Course content
Modules
01Tax Base and Structure
The components of the tax base and how each responds to policy.
02Revenue Forecasting Methods
Applies trend, elasticity, and micro-simulation approaches to revenue estimation.
03Policy Impact Modelling
Tests rate, threshold, and exemption changes against the revenue baseline.
04Behavioural Responses
Incorporates taxpayer response and compliance effects into estimates.
05Distributional Analysis
Assesses how reforms affect different taxpayer and income groups.
06Presenting Fiscal Advice
Frames analysis into clear options and recommendations for policymakers.
Who it is for
Target audience
Tax policy analysts, economists, and revenue forecasting officers in ministries of finance and revenue authorities.
Before you start
Prerequisites
Comfort with spreadsheets and a basic grasp of tax structure. Economics training helps but is not assumed.