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學生對 哥伦比亚大学 提供的 Economics of Money and Banking 的評價和反饋

4.9
728 個評分
180 個審閱

課程概述

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....

熱門審閱

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.

篩選依據:

51 - Economics of Money and Banking 的 75 個評論(共 175 個)

創建者 alex h

Dec 03, 2016

I found this to be an excellent introduction to how modern banking works. If this class grows increasingly popular, go long whatever company sells chalk because the professor consumes quite a bit as he sketches out a seemingly infinite number of T-accounts to illustrate the trading of money through multiple markets, including Fed Funds, EuroDollar, Repo, Swap and FX. By the end of the class, you get a good sense for the plumbing behind markets, and develop an alternative and practical view of what drives asset prices than what you perhaps learned studying economic or financial theory. You also gain an appreciation for how big shadow banking is globally, how all money is not created equal, and how the value of any asset can change drastically through the mechanics of the dealer system as investors discover this point.

創建者 Yiannis B

Aug 27, 2017

One of the best courses I have followed!

I am expecting an update on the course.

Thank you for this wonderful experience.

創建者 Bojie S

Jan 07, 2017

The content and idea provided in the course are simply amazing! The best ever I had on Coursera and I really appreciate all the research effort made by Professor Perry Mehrling. Hope many more people using Coursera could have a look at the innovative ideas explained by Professor Mehrling in money market and finance.

創建者 Parth G

Sep 20, 2017

Mind Blowing approach to teach. Got the new angles of the economy and banking. Expanded the vision significantly on the subject.

創建者 Brad H

Dec 13, 2016

Professor Mehrling is fantastic. I found this course supremely interesting, and I learned an incredible amount from it. I would venture to say that most have not taken an economics course like this one before. This definitely felt like a real college course.. 13 weeks of lecture, 2.5-3 hours of lecture each week. I believe Professor Mehrling said in-class that the two prerequisites for this course (for Columbia University students, not Coursera users) are Intermediate Micro and Intermediate Macro, so the course is definitely fairly high-level. To put it into perspective, I was an Accounting/Finance major with Econ minor and have CPA/CFA. So while not "trained" in economics, I've had a fair amount of exposure, but I definitely felt intellectually challenged and frequently had to relisten to parts of lectures. Definitely recommend this course! Learned something every minute of every lecture.

創建者 Robert C

Oct 25, 2016

Very thorough and great course!

創建者 Gudmundur O

Jan 12, 2018

Great presentation of Money and Banking.

Perry's introduction of a complex systems are very well delivered in simple peaces that all come together at the end.

創建者 Sugam S

Feb 01, 2017

One of the best course I had till now. BEST!

創建者 amarendra H

May 14, 2017

My ability to understand the functioning of Central banks and the effects of their actions on global financial markets have improved greatly after the completion of this course. Prof Perry Mehrling was greatly knowledgeable person and was very effective in transferring his in-depth knowledge through this course. I am glad that I have enrolled for this course and completed it successfully.

創建者 陈香

Oct 05, 2016

很熟悉的感觉,板书的老师很棒!

創建者 Eray

Jan 26, 2017

good

創建者 Jorge C

May 28, 2017

Excellent course and concise overview! I highly recommend this course for the novice or advanced novice to the money markets. I walked away with a better understanding of that ocean of detail and theory, and I am now more confident knowing its effect on the capital markets. Most importantly, I know where to focus my time in this area and where to find key data/info given my career role. Thank you again! Best,

創建者 Taras V

Jan 18, 2018

A

f

t

e

r

創建者 Maduvha N

Oct 15, 2017

very informative

創建者 Dr. N C K

Dec 30, 2017

Exactly as a MOOC should be! Great Professor

創建者 李艺凡

Jul 08, 2018

Very Good Materials

創建者 Issah Q

Oct 18, 2016

goo

創建者 George G

Jun 07, 2017

Excellent!!!

創建者 Aparajita K

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.

創建者 Sebas G

Apr 27, 2018

indispensable

創建者 贺维格

Dec 12, 2017

用会计的体系教货币的知识,非常有加值。强烈推荐!

創建者 Silvina C

Aug 29, 2017

Great course, i really like how he started each class with the FT.

創建者 Jasurbek B

Dec 25, 2016

Good MOOC with distinguished lecturer

創建者 Vinay R P

Jul 15, 2017

Learned a lot from this course. Contains detailed information on Money and Banking .

Best part was when Prof Perry G Mehrling talks at the beginning of the course about relationship between the subject and analysis of Financial Times.

Having completed the course, I am able to understand the depth of challenge he threw.

創建者 hiroo y

Aug 12, 2017

It starts very simple, but this is really a profound course. Begining from "what is money", it looks into classic banking, how things changed in the shadow banking system, what money markets do and how the players operate, especially the role of market making brokers. If you have some economics and/or finance back ground, this will have your views stand on their head, and then come back on their feet. You will have a changed view on central banking. I don't think anyone can completely absorb this in one go, but it will provide really stimulating and eye opening views on every section of the lecture.