Training Program
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Target Audience
Mid-level to senior officials responsible for monetary policy decision making and staff doing macroeconomic analysis and forecasting or operating macroeconomic models.
Mid-level to senior officials responsible for monetary policy decision making and staff doing macroeconomic analysis and forecasting or operating macroeconomic models.
Apply online by August 2, 2026
Session No.: JV 26.35
Location: Vienna, Austria
Date: November 2-13, 2026 (2 weeks)
Delivery Method: Blended Training
Primary Language: English
Apply NowParticipants are expected to have an advanced degree in economics or equivalent experience. Participants are expected to be comfortable using quantitative software such as Matlab/Octave, although specific knowledge of these is not required.
This course provides rigorous training on the use of simple Dynamic New Keynesian (DNK) models to conduct monetary policy analysis and forecasting. It emphasizes the analysis of monetary policy responses to macroeconomic imbalances and shocks. Participants are provided with the tools necessary to develop or extend the canonical model to fit their own monetary policy framework and selected features of their country's economy. Country case studies are used to reinforce participants' understanding and to help them compare and assess a variety of possible experiences.
BLENDED COURSE REQUIREMENTS | The course will run in a blended format, consisting of two compulsory parts. Selected participants will first complete on their own time three mandatory short online learning segments and consultation hours with lecturers during October 12 - 23, 2026. In-person portion of the course will be held at JVI in Vienna during November 2 - 13, 2026. Completing both the online and in-person parts of the course will be required for successful completion of the course in order to receive the course certificate.
Upon completion of this course, participants should be able to:
English | October 26-30, 2026 | In-person Training | Vienna, Austria
Apply online by July 30, 2026
English (Arabic) | October 5-16, 2026 | In-person Training | Abu Dhabi, United Arab Emirates
Apply online by July 30, 2026
English (Arabic) | October 25, 2026 - November 5, 2026 | In-person Training | Kuwait City, Kuwait
Apply online by July 30, 2026
English | September 14-18, 2026 | In-person Training | New Delhi, India
Apply online by July 31, 2026
English | November 2-13, 2026 | Blended Training | Vienna, Austria
Apply online by August 2, 2026
