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This Online Course Will Change what you think about Economics of Money and Banking

Produced and sponsored by the Institute for New Economic Thinking, this course is an attempt to begin the process of new economic thinking by reviving and updating some forgotten traditions in monetary thought that have become newly relevant.

Enrolment: 05 December (+ take on-demand)

Timeline: 13 weeks of study, 5 hours/week

Skill Level: Beginner

Certificate offered? Yes

Course of Study: Economics & Finance| Course Platform: Coursera

Created by: Columbia University

Cost: Free

About the Course

The last three or four decades have seen a remarkable evolution in the institutions that comprise the modern monetary system. The financial crisis of 2007-2009 is a wakeup call that we need a similar evolution in the analytical apparatus and theories that we use to understand that system.

Modern money cannot be understood separately from modern finance, nor can modern monetary theory be constructed separately from modern financial theory. That’s the reason this course places dealers, in both capital markets and money markets, at the very center of the picture, as profit-seeking suppliers of market liquidity to the new system of market-based credit.

Eligibility requirement

This course was designed originally for upper level undergraduate economics majors at Barnard and Columbia, in New York City.

But the course works for a much broader group as well: people who work in banks or finance but have no background in economics or finance (IT folk, lawyers), graduate students in economics and also other social sciences (history, international political economy, anthropology), and adult learners who sense the importance of the subject and want to find out how to think more deeply about it.

Because the instructor teach in New York, which is the center of world dollar money markets, the course is focused on those markets, but it works well even for learners from around the globe.

How to Enrol

Visit Course Webpage to Enrol.

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