Modern Monetary Theory: Economics for the 21st Century (edX)

Modern Monetary Theory: Economics for the 21st Century (edX)
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Modern Monetary Theory: Economics for the 21st Century (edX)
Demystify macroeconomic principles and terminology and discover how Modern Monetary Theory (MMT) provides explanations for some of the world's most troubling financial concerns.

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- 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

- 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.



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Course Auditing
40.00 EUR

MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.