Chevron Left
返回到 Economics of Money and Banking

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
782 個評分
194 條評論

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:

151 - Economics of Money and Banking 的 175 個評論(共 190 個)

創建者 PETER K

Aug 20, 2017

Excellent course.

創建者 Iván A L P

Jul 02, 2019

Excelente curso.

創建者 Jean-Charles G

Apr 29, 2019

Very interesting

創建者 Kaustubh T

Feb 16, 2019

so much to learn

創建者 Shingo K

Apr 08, 2018

very insightful!

創建者 Maduvha N

Oct 15, 2017

very informative

創建者 MAURICIO W

Aug 02, 2017

Very interesting

創建者 Hussain A

Nov 16, 2016

Excellent Course

創建者 Савина О Д

Dec 23, 2018

Awesome course!

創建者 陈香

Oct 05, 2016

很熟悉的感觉,板书的老师很棒!

創建者 Alexander

Mar 31, 2017

Astonishing!=)

創建者 Jose M C

Dec 24, 2018

It was great!

創建者 Sebas G

Apr 27, 2018

indispensable

創建者 Alejandro J A

Jan 06, 2018

Excellent!!!!

創建者 Saran P

Apr 14, 2018

Good course!

創建者 George G

Jun 07, 2017

Excellent!!!

創建者 Bolian C

Jan 02, 2017

Excellent!!

創建者 Holger R

Sep 04, 2017

Very good.

創建者 lingjie p

Mar 09, 2017

wonderful!

創建者 Javier N

Sep 09, 2017

Wonderful

創建者 Otar K

May 05, 2017

Sublime

創建者 Taras V

Jan 18, 2018

A

f

t

e

r

創建者 HEYRAMB T

Aug 22, 2019

Nice

創建者 Eray

Jan 26, 2017

good

創建者 Issah Q

Oct 18, 2016

goo