{
  "title": "Monetary Policy (MP)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32",
  "overlayPath": "/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32/index.md",
  "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": "2024-10-07",
  "sections": [
    {
      "heading": "Program overview",
      "content": "- Event: Monetary Policy (MP), Session No.: ST 24.32.\n- Organizer: Institute for Capacity Development, International Monetary Fund.\n- Location: Singapore, Singapore.\n- Date: September 2-13, 2024 (2 weeks).\n- Delivery Method: In-person Training.\n- Primary Language: English.\n- Status: Deadline passed."
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target audience:\n  - 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  - Comfort using Microsoft Excel and Excel-based applications is required.\n  - 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 scope",
      "content": "- The course provides a comprehensive overview of:\n  - Monetary policy regimes.\n  - Monetary transmission mechanisms.\n  - The role of monetary policy in macroeconomic stabilization.\n- Pedagogy:\n  - Bridges theory, empirical evidence, and operational experience.\n  - Moves from lectures introducing basic policy concepts to hands-on workshops.\n  - Uses case studies to reinforce understanding and to compare and assess policy responses to shocks under different monetary policy regimes.\n- Special emphases:\n  - Optimization problems and tradeoffs involved in monetary policy decisions.\n  - Practical policy challenges in emerging market and developing economies.\n  - Evolving monetary frameworks and central bank mandates with attention to environmental, social and governance principles.\n  - Recent crises that have dramatically changed the landscape in which central banks operate (beyond simple interest rate policies, with due consideration to Unconventional Monetary Policy and central bank communication).\n  - Recent evolution of central bank digital currencies and implications for monetary policy transmission and operations."
    },
    {
      "heading": "Course objectives and participant outcomes",
      "content": "- Upon completion, participants should be able to:\n  - Analyze how monetary policy decisions are made under various regimes to deliver price stability and meeting other objectives.\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 practitioner-specific outcomes:\n  - Design a sound monetary policy framework.\n  - Prescribe policies consistent with the framework chosen."
    },
    {
      "heading": "Related IMF training context",
      "content": "- The IMF offers online and in-person training to government officials and the public through the Institute for Capacity Development."
    }
  ],
  "bullets": [
    "Event: Monetary Policy (MP), Session No.: ST 24.32.",
    "Organizer: Institute for Capacity Development, International Monetary Fund.",
    "Location: Singapore, Singapore.",
    "Date: September 2-13, 2024 (2 weeks).",
    "Delivery Method: In-person Training.",
    "Primary Language: English.",
    "Status: Deadline passed.",
    "Target audience:",
    "Qualifications:",
    "The course provides a comprehensive overview of:",
    "Pedagogy:",
    "Special emphases:",
    "Upon completion, participants should be able to:",
    "Central bank practitioner-specific outcomes:",
    "The IMF offers online and in-person training to government officials and the public through the Institute for Capacity Development."
  ],
  "alternates": {
    "markdown": "/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32/index.md",
    "json": "/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32/index.json",
    "bundleManifest": "/en/capacity-development/training/icdtc/schedule/st/2024/mpst24-32/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-29T20:40:20.072Z"
}