## Virtual : Monetary Policy

## Source details

**Canonical URL:** [Virtual : Monetary Policy](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2022/mpsa22-10v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2022/mpsa22-10v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2022/mpsa22-10v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2022/mpsa22-10v/bundle-manifest.json)

## Bibliographic details
- Session: SA 22.10V
- Location: New Delhi, India
- Dates: March 14-25, 2022 (2 weeks)
- Delivery method: Virtual Training
- Primary language: English
- Status: Deadline passed

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### Training Program and Target Audience
- The course is a training program presented by the Institute for Capacity Development.
- 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.
- The course is an overview course with lectures, hands-on workshops, and case studies to bridge theory, empirical evidence, and operational experience.

### Session logistics and delivery
- Deadline passed
- Session No.: SA 22.10 V
- Location: New Delhi, India
- Date: March 14-25, 2022 (2 weeks)
- Delivery Method: Virtual Training
- Primary Language: English

### Qualifications and prerequisites
- Participants are expected to have an advanced degree in economics or equivalent experience and be comfortable using Microsoft Excel and Excel-based applications.
- Recommended prior coursework: a fewgeneral macroeconomic courses, such as Financial Programming and Policies (FPP) and the classroom or online Macroeconomic Diagnostics (MDS/MDSx) course.

### Course description
- The course gives a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization.
- 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.
- The course illustrates the optimization problems and tradeoffs involved in monetary policy decisions.

### Course objectives
Upon completion of the 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.

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## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Executive Training 2 on Fiscal Policy Considerations (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fpcce26-16)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2022/mpsa22-10v_