Enroll Course: https://www.coursera.org/learn/money-banking
The ‘Economics of Money and Banking’ course on Coursera, offered by the Institute for New Economic Thinking, is a comprehensive and thought-provoking exploration of modern monetary systems. This course is ideal for anyone interested in understanding the intricacies of banking, international finance, and market liquidity through a fresh perspective—the money view. Unlike traditional approaches, this course emphasizes how banks and financial markets operate as payment and market-making systems, which is particularly relevant in the wake of the 2007-2009 financial crisis.
The course is structured into detailed modules starting with foundational concepts, such as the role of the monetary system and the balance sheet approach to monetary economics. It then progresses into more complex topics like banking as a clearing system, market making, and international money markets, culminating in an integrative overview of shadow banking and the application of the money view to real-world finance.
What sets this course apart is its use of visual and conceptual tools, including the balance sheet approach and Treynor models, making complex ideas accessible and engaging. The lectures are well-structured, with clear explanations and practical examples, enabling learners to connect theory with real-world financial phenomena.
I highly recommend this course to students, professionals, and anyone curious about the mechanics behind banking and finance. It provides valuable insights that are applicable not only academically but also in making informed decisions in personal finance and policy analysis. If you’re eager to expand your understanding of global financial systems and learn a transformative way of thinking about money, this course is an excellent choice.
Enroll today and start your journey into the depths of modern banking and monetary economics!
Enroll Course: https://www.coursera.org/learn/money-banking