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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
725 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.

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76 - Economics of Money and Banking 的 100 個評論(共 175 個)

創建者 王星 [

Sep 04, 2017

Thanks very much!

創建者 Alexandre Z R

Oct 25, 2017

I did in my local university a course in Monetary Economics and then I did this. This course it's not a traditional course, if you know previously something about it, you will recognize this is a lifetime work of investigation, theorization, of a academic passion about how this trully work in markets. It's not a easy course, I have to repeat many weeks to get along. But Professor Mehrling structured the course with reading materials that give you a broader understading, he uses real data to explain and exemplify, he reads FT and discuss. I'm so grateful for this course, before that I used to think I knew monetary system. Now that I know much more I'm aware of my ignorance. Hope some day he make another course, or just update this one with the new events in the central baking world.

創建者 Herve Y

May 19, 2018

Thank you professor Mehring for this great course. Understanding Economics under the lens of Money is not very taught. This course gives us a starting framework analyze money impacts on Economics, based on number of years of experience and studies. Thanks so much!

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 Holger R

Sep 04, 2017

Very good.

創建者 Mordechai C

Jun 10, 2018

Awesome, one of the best classes I have taken!!!

創建者 Nguyen Q H

Feb 02, 2018

That is a great classes :))))

創建者 Bolian C

Jan 02, 2017

Excellent!!

創建者 Denis M

Jul 11, 2017

This is a really good course tackling a very difficult subject.

Though my brain still hurts when I engage with the subject matter, I feel the lectures have shone quite a lot of light on the obscurities of money and banking. The lectures are clear and thorough and I particularly like the way the concepts we learn are brought to bear on current news (e.g. examining FT articles).

創建者 Barbara G

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.

創建者 Thoshitha

Jan 02, 2017

The basics were well taught and understandable in 1 time view of video and the standards of the university are great! Thanks coursera!

創建者 钟政昊

May 11, 2017

Very thought-provoking!

創建者 Ankur A

Nov 12, 2017

very excellent studying material and an impressive faculty

創建者 Chen L

Jan 21, 2017

The course teaches systematically, links up money markets and capital markets and at the end opens a new way of thinking about economics and finance.

創建者 Alexander L R Y

Mar 03, 2017

Fantastic course and Professor Mehrling is an incredible mentor with great insights

創建者 Ilias M

Jan 10, 2018

Professor Mehrling will make you connect the dots. Masterfully conceived and delivered. Many thanks and much appreciation Professor.

創建者 saurabh p

Jul 22, 2017

make it more of a practical view

創建者 Saran P

Apr 14, 2018

Good course!

創建者 Weijie Z

May 17, 2017

Great teacher and great class !

創建者 陈香

Oct 05, 2016

很熟悉的感觉,板书的老师很棒!

創建者 Adam T

Oct 16, 2016

Very comprehensive

創建者 Eray

Jan 26, 2017

good

創建者 Ranjana P

Apr 29, 2017

Well structured course with an exceptionally insightful view of how the money markets works. The readings that are given are exceptional and I have learnt more about the financial markets that many other courses. Professor Mehrling is an exceptionally charismatic educator and takes us through a journey that clearly explains the crisis and gives us an alternative view that might just help make finance clearer to anyone. I really hope that unit two of this course will be recorded and be distributed by coursera.