Connect with IMF Institute
Monetary Policy

Virtual - Monetary Policy (MP)

Invitation

Session No.: OT 21.03V

Location: Mexico City, Mexico

Date: January 25, 2021 - February 5, 2021 (2 weeks)

Primary Language: Spanish

    Target Audience

    Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.

    Back to top

    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience and be comfortable using Microsoft Excel and Excel-based applications. This is an overview course. It is strongly recommended that applicants have completed a few general macroeconomic courses, such as Financial Programming and Policies (FPP) and the classroom or online Macroeconomic Diagnostics (MDS/MDSx) course.

    Back to top

    Course Description

    This course, presented by the Institute for Capacity Development, gives a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization. The course bridges the gap between theory, empirical evidence, and operational experience by illustrating the optimization problems and tradeoffs involved in monetary policy decisions. The learning process moves from lectures introducing the basic concepts to hands-on workshops. Case studies are used to reinforce participant understanding and to help them compare and assess a variety of experiences.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:


    • Analyze how monetary policy decisions are made under various regimes to deliver price stability.
    • Identify how these decisions are transmitted to the real economy.
    • Evaluate how the economy and monetary policy respond to macroeconomic shocks under various monetary policy frameworks, demonstrated through a group presentation to their peers.

    Central bank practitioners should also be able to:

    • Design a sound monetary policy framework.
    • Prescribe policies consistent with the framework chosen.
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Foundations of Central Bank Law (FCBLx)

    English, May 1, 2021 - August 31, 2021, Course conducted online

    Apply online by July 24, 2021

    Virtual : Monetary Policy (MP)

    English, September 20, 2021 - October 1, 2021, Singapore, Singapore

    Apply online by July 26, 2021

    Virtual : Fiscal Policy Analysis (FPA)

    Arabic, August 30, 2021 - September 9, 2021, Kuwait City, Kuwait

    Apply online by July 27, 2021

    Virtual : Financial Development and Financial Inclusion (FDFI)

    English, October 25, 2021 - November 5, 2021, Singapore, Singapore

    Apply online by July 30, 2021

    Virtual : Financial Sector Surveillance (FSS)

    English, October 4-15, 2021, Singapore, Singapore

    Apply online by July 30, 2021