Modern Monetary Theory: Economics for the 21st Century

  • 0.0
4 Weeks
$ 49

Brief Introduction

Demistify macroeconomic principles and terminology and discover how Modern Monetary Theory (MMT) provides explanations for some of the world's most troubling financial concerns.

Description

  • 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.

Knowledge

  • 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.
$ 49
English
2nd Mar, 2021
4 Weeks
Bill Mitchell
NewcastleX
edX

Instructor

Share
Saved Course list
Cancel
Get Course Update
Computer Courses