Chevron Left
Voltar para Economics of Money and Banking

Comentários e feedback de alunos de Economics of Money and Banking da instituição Universidade Columbia

4.9
estrelas
1,419 classificações

Sobre o curso

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. 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. Three features of the new system are central. Most important, the intertwining of previously separate capital markets and money markets has produced a system with new dynamics as well as new vulnerabilities. The financial crisis revealed those vulnerabilities for all to see. The result was two years of desperate innovation by central banking authorities as they tried first this, and then that, in an effort to stem the collapse. Second, the global character of the crisis has revealed the global character of the system, which is something new in postwar history but not at all new from a longer time perspective. Central bank cooperation was key to stemming the collapse, and the details of that cooperation hint at the outlines of an emerging new international monetary order. Third, absolutely central to the crisis was the operation of key derivative contracts, most importantly credit default swaps and foreign exchange swaps. 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....

Melhores avaliações

BG

16 de jul de 2017

An intellectually engaging course opening a debate about how we think about markets and how we should tackle the current challenges. Accessible to non-economists. I warmly recommend it to everyone.

AK

17 de nov de 2017

This course is really useful to me ... I was always interested on monetary and fiscal policies and associate mechanism in Macroeconomics and this course covers the Monetary part in good details.

Filtrar por:

126 — 150 de 375 Avaliações para o Economics of Money and Banking

por ARIOLI S

•

1 de mai de 2021

por Mahmood A K E

•

3 de ago de 2017

por Shiba P

•

23 de mai de 2021

por Min M Z

•

1 de jan de 2021

por Max M

•

18 de nov de 2021

por Yechen H

•

5 de jul de 2017

por Miquel B L

•

27 de mai de 2020

por Carlos G S

•

3 de jul de 2021

por Peter S

•

23 de jan de 2021

por Michele C

•

6 de set de 2020

por Thoshitha

•

2 de jan de 2017

por خالد س ا

•

1 de jul de 2022

por Alexandros G

•

26 de abr de 2022

por Sushant G

•

8 de jun de 2020

por Atulya S

•

11 de jun de 2017

por Ilias M

•

10 de jan de 2018

por Juho V

•

3 de ago de 2020

por Ian J M G

•

14 de jul de 2020

por Pablo S

•

6 de out de 2018

por Doruk O

•

28 de set de 2022

por M. L G

•

1 de abr de 2020

por Parth G

•

20 de set de 2017

por Erik M

•

6 de set de 2018

por Jiao S

•

7 de abr de 2018

por Salmina A

•

11 de jan de 2021

Coursera Footer

Comece ou impulsione sua carreira

Procurar temas populares

Cursos e artigos populares

Consiga um diploma ou certificado on-line

Coursera

Comunidade

Mais

Aprenda em qualquer lugar
Placeholder
Placeholder
Placeholder