## Virtual: Monetary Policy

## Source details

**Canonical URL:** [Virtual: Monetary Policy](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/mpat27-06v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/at/2027/mpat27-06v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/at/2027/mpat27-06v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/at/2027/mpat27-06v/bundle-manifest.json)

## Bibliographic details
- Session: AT 27.06V
- Location: Ebene, Mauritius
- Dates: March 22, 2027 - April 30, 2027 (6 weeks)
- Delivery method: Virtual Training
- Primary language: English
- Interpretation language: French
- Status: Apply online by February 12, 2027

---

### Training program and target audience
- Training Program: Virtual: Monetary Policy (MP)
- Session No.: AT 27.06 V
- Target Audience: Junior to mid-level officials from emerging markets and low-income countries interested in understanding the conduct of monetary policy and its interaction with the rest of the economy.
- Qualifications: Participants are expected to have an advanced degree in economics or equivalent experience and be comfortable using Microsoft Excel.

### Session logistics
- Location: Ebene, Mauritius
- Date: March 22, 2027 - April 30, 2027 (6 weeks)
- Delivery Method: Virtual Training
- Primary Language: English
- Interpretation Language: French

### Course description and scope
- Provides a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization.
- Bridges theory, empirical evidence, and operational experience by illustrating tradeoffs involved in monetary policy decisions.
- Learning progression:
  - Lectures introducing basic policy concepts.
  - Hands-on workshops with a special focus on practical policy challenges in emerging markets and developing economies.
  - Case studies to reinforce understanding and compare policy responses to various shocks under different monetary policy regimes.
- Recognizes evolving monetary frameworks and central bank mandates and considers recent crises that have dramatically changed the landscape in which central banks operate.
- Covers policy areas beyond simple interest rate policies, including Unconventional Monetary Policy and central bank communication.
- Discusses the recent evolution of central bank digital currencies and its implications for monetary policy transmission and operations.

### Course objectives and practitioner outcomes
- Upon completion, participants should be able to:
  - Analyze how monetary policy decisions are made under various regimes to deliver price stability and meet other objectives.
  - 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.

---


## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=AT27.06VE)
- [Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/ce26-31)
- [Big Data for Macroeconomic Statistics (BDMS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/bdmsat26-27)
- [Financial Development and Financial Inclusion (FDFI)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/fdfiat26-24)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/mpat27-06v_