Save for later

Modern Monetary Theory

Thinking in a macroeconomic way. What should macroeconomic theory be able to explain? Measurement frameworks.

What is Modern Monetary Theory and what are its implications? Why is it the future of macroeconomics?

The role of fiscal policy. The path to full employment and price stability. Case studies in unemployment and hyperinflation.

Monetary policy design and the role of central banks. How does the banking system operate?

Exchange rate systems and international trade. Global financial markets and the State - who is in charge?

Policy setting in crises: the challenges of climate change and the pandemic.

What you'll learn

  • Thinking in a macroeconomic way. What should macroeconomic theory be able to explain? Measurement frameworks.
  • What is Modern Monetary Theory and what are its implications? Why is it the future of macroeconomics?
  • The role of fiscal policy. The path to full employment and price stability. Case studies in unemployment and hyperinflation.
  • Monetary policy design and the role of central banks. How does the banking system operate?
  • Exchange rate systems and international trade. Global financial markets and the State - who is in charge?
  • Policy setting in crises: the challenges of climate change and the pandemic.
  • An entry level understanding of the way modern monetary systems operate.
  • An enhanced understanding of the fiscal and monetary policy options available to governments.
  • An awareness of why the standard economic statements in the media about government deficits and debt distort our understanding of the actual constraints that government spending faces.
  • Ways to assess government policy options, for example, in dealing with the pandemic.
  • An appreciation of the issues involved in balancing demands for growth and environmental constraints.

Get Details and Enroll Now

OpenCourser is an affiliate partner of edX and may earn a commission when you buy through our links.

Get a Reminder

Send to:
Rating Not enough ratings
Length 4 weeks
Effort 2 - 3 hours per week
Starts On Demand (Start anytime)
Cost $49
From the University of Newcastle, Australia via edX
Instructor Bill Mitchell
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Economics & Finance

Get a Reminder

Send to:

Similar Courses

Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Adjunct Faculty - Modern Languages View $14k

Freelance Columnist - Modern Southern Belle $28k

Columnist - Modern Southern Belle $38k

Modern Language Teacher $53k

Simonson Modern Jazz Instructor $60k

Associate Senior Theatre Department Coordinator and Modern Theatre Administrative Coordinator $70k

Business Director, Private Sales, Impressionist and Modern Art $83k

Senior Evening Sale Administrator, Impressionist & Modern Art $86k

Senior Monetary Analyst $90k

Assistant Professor, Chair, Dept. of Modern Languages $106k

Professor, Department of Modern Languages and Cultures $115k

Distinguished Professor, Chair, Dept of Modern Languages & Literatures $231k

Write a review

Your opinion matters. Tell us what you think.

Rating Not enough ratings
Length 4 weeks
Effort 2 - 3 hours per week
Starts On Demand (Start anytime)
Cost $49
From the University of Newcastle, Australia via edX
Instructor Bill Mitchell
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Economics & Finance

Similar Courses

Sorted by relevance

Like this course?

Here's what to do next:

  • Save this course for later
  • Get more details from the course provider
  • Enroll in this course
Enroll Now