{
  "title": "Monetary Policy",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2024/mpsa24-03",
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  "summary": "Monetary Policy Training Program 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.",
  "publishDate": "2024-05-15",
  "sections": [
    {
      "heading": "Session details and logistics",
      "content": "- Session No.: SA 24.03\n- Location: New Delhi, India\n- Date: February 26, 2024 - March 7, 2024 (2 weeks) New dates\n- Delivery Method: In-person Training\n- Primary Language: English\n- Deadline passed"
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- 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.\n- Qualifications:\n  - Participants are expected to have an advanced degree in economics or equivalent experience.\n  - Participants should be comfortable using Microsoft Excel and Excel-based applications.\n  - 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 Macroeconomic Diagnostic (MDS), face-to-face or online."
    },
    {
      "heading": "Course description and pedagogy",
      "content": "- Presented by the Institute for Capacity Development.\n- Gives a comprehensive overview of:\n  - monetary policy regimes,\n  - monetary transmission mechanisms,\n  - the role of monetary policy in macroeconomic stabilization.\n- Bridges theory, empirical evidence, and operational experience by illustrating optimization problems and tradeoffs involved in monetary policy decisions.\n- Learning approach:\n  - Lectures introducing the basic concepts.\n  - Hands-on workshops.\n  - Case studies used to reinforce participant understanding and to help compare and assess a variety of experiences."
    },
    {
      "heading": "Course objectives and practitioner outcomes",
      "content": "- Upon completion of this course, participants should be able to:\n  - Analyze how monetary policy decisions are made under various regimes to deliver price stability.\n  - Identify how these decisions are transmitted to the real economy.\n  - Evaluate how the economy and monetary policy respond to macroeconomic shocks under various monetary policy frameworks, demonstrated through a group presentation to their peers.\n- Central bank practitioners should also be able to:\n  - Design a sound monetary policy framework.\n  - Prescribe policies consistent with the framework chosen."
    }
  ],
  "bullets": [
    "Session No.: SA 24.03",
    "Location: New Delhi, India",
    "Date: February 26, 2024 - March 7, 2024 (2 weeks) New dates",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Deadline passed",
    "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.",
    "Qualifications:",
    "Presented by the Institute for Capacity Development.",
    "Gives a comprehensive overview of:",
    "Bridges theory, empirical evidence, and operational experience by illustrating optimization problems and tradeoffs involved in monetary policy decisions.",
    "Learning approach:",
    "Upon completion of this course, participants should be able to:",
    "Central bank practitioners should also be able to:"
  ],
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  "generatedAtUtc": "2026-09-29T20:01:21.935Z"
}