2–3 hours per week
Instructor-led on a course schedule
This course is archived
Future dates to be announced
Modern Monetary Theory: Economics for the 21st Century
About this courseSkip About this course
- 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.
At a glance
What you'll learnSkip What you'll learn
- 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.
Mafunzo ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi ya masomo ya msingi. Nadharia ya uchumi wa jumla inapaswa kuweza kueleza nini? Mifumo ya kipimo. - Nadharia ya Kisasa ya Fedha ni nini na matokeo yake ni nini? Kwa nini ni wakati ujao wa uchumi wa jumla? - Jukumu la sera ya kifedha. Njia ya ajira kamili na utulivu wa bei. Uchunguzi wa kesi katika ukosefu wa ajira na hyperinflation. - Kubuni sera ya fedha na jukumu la benki kuu. Mfumo wa benki unafanya kazije? - Mifumo ya kiwango cha ubadilishaji na biashara ya kimataifa. Masoko ya kifedha ya ulimwengu na Serikali - ni nani anayesimamia? - Kuanzisha sera katika mgogoro: changamoto za mabadiliko ya hali ya hewa na janga. Kwa mtazamo wa nini utajifunza - Maelezo ya kiwango cha kuingia juu ya jinsi mifumo ya kisasa ya fedha inafanya kazi. - Uelewa ulioimarishwa wa chaguzi za sera za kifedha na fedha zinazopatikana kwa serikali. - Ujuzi wa kwa nini taarifa za kawaida za kiuchumi katika vyombo vya habari kuhusu mapungufu ya serikali na deni kupotosha uelewa wetu wa vikwazo halisi kwamba matumizi ya serikali inakabiliwa. - Njia za kutathmini chaguzi za sera za serikali, kwa mfano, katika kukabiliana na janga hilo. - Thamini ya masuala yanayohusika katika kusawazisha mahitaji ya ukuaji na vikwazo vya mazingira.