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Avis et commentaires pour l'étudiant pour Economics of Money and Banking par Université Columbia

4.9
695 notes
171 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

BG

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.

AK

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 - 166 sur 166 Examens pour Economics of Money and Banking

par Georgios D

Aug 30, 2019

Although I hold a BSc in Economics and an MBA, I have to admit that before taking this mooc I only had some vague macro-based ideas about the actual mechanics of banking. This mooc is an eye opener to the realities of our modern money & credit markets and institutions. I finally understood some heavilly complicated concepts, like derivative financial instruments, that are presented in a manner that builds intuition easily around their usefulness as tools, despite their heavy quant mathematics that always deterred me!

par Arun S

Sep 01, 2019

Extremely useful for someone trying to understand modern banking

par soto h

Nov 06, 2018

It was awsome to know and learn economics from the different point of view from a view which I'm learning in Japan

par Oludamilare A

Nov 22, 2018

Very Insightful and extremely intense.

par umwoosung

Jan 10, 2017

I can get the useful knowledge on origin of Fed and other basic source about American finace.

So I want to deeply recommend this course to all of you. Thanks

par Arti K

Jun 28, 2017

A very structured course and content. Interesting teaching methods made it easy to grasp.

par Atul J G

Dec 04, 2016

Excellent course

par Lam Y C

Jul 02, 2018

Good

par Santiago C

Jan 18, 2017

mmmmm

par Biagio B

Jul 16, 2017

Overall I really liked the course. Many real world examples are provided, the course covers all topics mentioned during the examples and it gives you insight in many world's banking mechanism. Negative aspects: too long, some chapter can be cut off, you need a minimum background in economics to fully enjoy the course.

par Richard K

Oct 26, 2017

very informative.

par Julian H F

Feb 24, 2017

Very good course, teacher is great and content is very insightful.

On the less good side, students should not expect all concepts to be clarified from the beginning, so a good deal of research has to be self made.

par Ryan K

Apr 28, 2018

Excellent Course.

Well crafted syllabus and text that builds on material and continual ties ideas together.

Stay Liquid and Survive!

Negatives:

Dated materials, article links that do not work, some of the video editing. Quizes are not really benficiall to learning

par Miguel P

May 28, 2018

Excellent data and explanations

par Hector N

Jun 05, 2017

Very interesting perspective on money and banking and the link between the two. A few suggestions for improvement: (a) make real e-lectures, not just take-outs from lectures, (b) provide a textbook (the lecture notes are mediocre), and (c) clarify what the course structure is.

par VIALA C

Mar 10, 2017

It is tottaly unacceptable to have to pay to pass quizz !!!

I cancel my participation