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Retour à Economics of Money and Banking

Avis et commentaires pour d'étudiants pour Economics of Money and Banking par Université Columbia

877 évaluations
228 avis

À propos du cours

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....

Meilleurs avis


Jul 17, 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.


Nov 18, 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.

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151 - 175 sur 223 Avis pour Economics of Money and Banking

par Sydney D L

May 31, 2019

A good class to know about the subject

par Kevin T

Jul 18, 2017

Outstanding presentation all around !

par Jasurbek B

Dec 25, 2016

Good MOOC with distinguished lecturer

par E H

May 16, 2020


par Lilit

Nov 04, 2019

Amazing professor and amazing class!

par alexgesch

Jan 29, 2017

Great course with a lot of insights!

par Zhang Y

Jan 19, 2017

Real course, learned a lot from Prof

par Steven B

Aug 12, 2017

Excellent material and instructor.

par mathieu.primot

Oct 28, 2016

A very clear introduction to money

par Matas J

Oct 02, 2019

Excellent course! Great lecturer!

par Abdullahi H A

May 30, 2019

this course is career development

par saurabh p

Jul 22, 2017

make it more of a practical view

par Weijie Z

May 17, 2017

Great teacher and great class !

par Robert C

Oct 25, 2016

Very thorough and great course!

par Nguyen Q H

Feb 02, 2018

That is a great classes :))))

par Ming T D W

Oct 19, 2016

Completely change my view!!

par gagan d

May 19, 2020

very well designed course.

par Jeremy T

May 02, 2020

Great learning experience.

par Jin S

Jul 08, 2019

great course and professor

par 賀維格

Dec 12, 2017


par 钟政昊

May 11, 2017

Very thought-provoking!

par Ed G

Apr 12, 2017

Extremely interesting!


Apr 14, 2020

very well structured.

par Roberto Z

May 09, 2020

Brilliant course...

par 李艺凡

Jul 08, 2018

Very Good Materials