Course Objective

The objective of the course is to enhance knowledge of participants on the design and implementation of
monetary policy under a price based framework

Course Outcome

• Understand Monetary Policy Frameworks
• Apply Monetary Policy Transmission Mechanism
• Understand Critical Path for Developing a Forecasting and Policy Analysis System (FPAS)
• Operationalization of Price Based Monetary Policy framework
• Understand Monetary Policy Communication under a Price Based Monetary Policy framework.

Target Group

The course is targeted junior to middle level Officers from Research, Financial Markets and Statistics Departments of EAC Partner Central Banks.