Enroll Course: https://www.coursera.org/learn/australian-economy
If you’re interested in gaining a nuanced understanding of the Australian economy and how its macroeconomic and financial policies shape its landscape, the Coursera course ‘Understanding the Australian economy: An introduction to macroeconomic and financial policies’ is an excellent choice. Over four weeks, this course offers a comprehensive overview of key economic indicators, the role of the Reserve Bank of Australia, fiscal policy, and the impacts of significant events like the Global Financial Crisis.
The course begins with a macroeconomic overview, exploring Australia’s gross domestic product, unemployment rate, inflation, and exchange rate. It also provides a historical perspective on exchange rate regimes, helping learners understand why Australia shifted to floating exchange rates.
In the subsequent modules, the focus shifts to monetary policy, where learners will examine the RBA’s role and the transmission channels through which it influences inflation and economic activity. The course further delves into fiscal policy, discussing its objectives and real-world applications through past policy episodes.
A highlight of this course is its detailed analysis of the 2007-2010 Global Financial Crisis, offering insights into its causes, policy responses, and specific impacts on Australia. This comprehensive approach makes the course invaluable for students, policymakers, or anyone interested in economic strategies and their effects.
I highly recommend this course to anyone seeking to understand how macroeconomic policies are formulated and implemented in Australia, and how they respond to global economic challenges. It combines theoretical insights with practical case studies, making complex concepts accessible and engaging.
Enroll Course: https://www.coursera.org/learn/australian-economy